RNS Number : 0530O
Catalyst Media Group PLC
02 November 2016
2 November 2016
Catalyst Media Group plc
("CMG" or the "Company")
Transaction in Own Shares
The Company announces that, on 1 November 2016, the Company purchased, in the market, in aggregate, 763,133 ordinary shares of 10p each in CMG ("Ordinary Shares") at an average price of 75p per Ordinary Share.
The Company also announces that the Board of Directors has resolved to cancel the 763,133 Ordinary Shares and the 1,551,562 Ordinary Shares held in treasury.
Following the above purchases and cancellation, the Company now has 21,696,662 Ordinary Shares in issue, which is the total number of voting rights and may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change in their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The Company does not hold any Ordinary Shares in treasury.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains a summary of and detailed information about the purchases made by WH Ireland Limited on behalf of the Company as part of the buy-back programme.
Schedule 1: Summary of buy-back transaction
Date of purchase:
1 November 2016
Number of Ordinary Shares purchased:
763,133
Highest price paid per share (pence):
75p
Lowest price paid per share (pence):
75p
Average price paid per share (pence):
75p
Schedule 2: Details of buy-back transactions
Time (hh:mm - GMT)
Number of Ordinary Shares purchased
Transaction price (pence per share)
09:06
693,133
75p
10:00
40,000
75p
10:04
30,000
75p
Enquiries:
Catalyst Media Group plc
Michael Rosenberg, Non-Executive Chairman +44 (0) 7785 727 595
Melvin Lawson, Non-Executive Director +44 (0)20 7734 8111
Strand Hanson Limited +44 (0)20 7409 3494
James Harris
Richard Tulloch
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
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