Transaction in Own Shares

RNS Number : 9915M
Catalyst Media Group PLC
20 October 2016
 

20 October 2016

Catalyst Media Group plc

("CMG" or the "Company")

Transaction in Own Shares

The Company announces that, on 19 October 2016, the Company purchased, in the market, in aggregate, 20,000 ordinary shares of 10p each in CMG ("Ordinary Shares") at an average price of 75p per Ordinary Share. The purchased shares will be held in treasury.

Following the above purchases, the Company now has 23,926,357 Ordinary Shares in issue (excluding treasury shares), 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 total number of Ordinary Shares now held in treasury is 85,000.

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:

19 October 2016

Number of Ordinary Shares purchased:

20,000

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)

08:57

20,000

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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