TIDMCMX

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          Number of     Transaction 
  - GMT)        Ordinary Shares    price (pence 
                      purchased      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

END

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November 02, 2016 03:00 ET (07:00 GMT)

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