Ocean Outdoor Limited Transaction in Own Shares (8615Z)
May 22 2019 - 5:18AM
UK Regulatory
TIDMOOUT
RNS Number : 8615Z
Ocean Outdoor Limited
22 May 2019
Ocean Outdoor Limited
Transaction in own shares
Ocean Outdoor Limited (LSE: OOUT), ("Ocean Outdoor", "Ocean", or
"the Company") a leading operator of premium Digital Out-of-Home
("DOOH") advertising in the United Kingdom, announces that on 22
May 2019 it purchased for Treasury the following number of its
ordinary shares ("Shares") pursuant to its US$25 million share
buyback programme, details of which were announced on 21 March
2019:
Date of transaction 22 May 2019
Number of shares repurchased 43,247
Highest price paid per share $7.95
Lowest price paid per share $7.95
Average price paid per share $7.95
Broker Barclays
Following the purchase of these Shares, the remaining number of
ordinary shares in issue will be 53,524,114 (excluding Treasury
shares), and the company will hold 396,730 shares in Treasury.
The figure of 53,524,114 may be used by shareholders (and others
with notification obligations) as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the Disclosure and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation), detailed information about
the individual purchases is available below:
Individual transactions:
Number of shares Transaction Time of transaction Trading venue
purchased price (USD per
share)
41,932 7.95 2019/05/22 08:22:59 Off-exchange
---------------- -------------------- ----------------------
1,315 7.95 2019/05/22 08:26:56 London Stock Exchange
---------------- -------------------- ----------------------
For further information please contact:
Ocean Outdoor 020 7292 6161
Tim Bleakley, CEO
Stephen Joseph, CFO
Yellow Jersey PR 07747 788 221
Charles Goodwin, Georgia Colkin, Joe
Burgess
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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