Seven shareholders in Treaty Radio, which trades as New 95 FM-Limerick have sold their interest in the station to the remaining shareholders. The outgoing shareholders are Mr Colm O'Connell, Mr Alex McCarthy, Mr Jim O'Mahony - former managing director of Golden Vale - Delta Partners, Cork 98FM, accountants Loftus Maher and Mr Donal O'Brien.

They are understood to have received approximately £500,000 collectively for their shares. The remaining shareholders are Mr PJ O'Riordan, Mr Alan McEvoy, Mr Liam Woulfe, Mr Martin Ryan, Mr Gay Mangan and Golden Vale Marts.