Transaction in Own Shares

RNS Number : 6460J

Crossrider plc

21 December 2015

 

Crossrider plc

("Crossrider," the "Company" or the "Group")

Transaction in own shares

Crossrider (AIM: CROS), the creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data, announces that, on 18 December 2015, it purchased 1,590,000 of its ordinary shares of USD 0.0001 each in the Company ("Ordinary Shares") at a price per share of 54p. Crossrider purchased these shares through Shore Capital Stockbrokers Limited.

The number of shares purchased represented 1.1% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. The purchased shares will be held in treasury. Crossrider has purchased to date 6,201,423 of its own shares since announcing a share buy-back programme on 19 November 2015.

The total number of Ordinary Shares in issue (excluding treasury shares) following this announcement is 142,294,650. Crossrider holds 6,201,423 shares in treasury.

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For more information contact

Crossrider plc Koby Menachemi, Chief Executive Officer Mark Carlisle, Chief Financial Officer c/o Bell Pottinger	[phone]
Shore Capital Bidhi Bhoma Toby Gibbs	[phone]
Bell Pottinger David Rydell James Newman Sam Cartwright	[phone]

About Crossrider

Crossrider is a creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data. The Company's web and mobile platforms power ad networks, agencies and direct publishers and enable the delivery of relevant digital advertising through the analysis of big data: making online marketing significantly more efficient and cost effective.

The Group operates web and mobile platforms which generate big data, enabling the development of a proprietary ad serving algorithm and engine that can extract value from this data to deliver relevant advertising to targeted users.

Crossrider's vision is to become the de facto standard platform for delivering relevant web and mobile adverts to billions of people, powering the next generation of digital advertising.

www.crossrider.com 

 

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