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Transaction in Own Shares

By LSE RNS

RNS Number : 6538T
Ocean Outdoor Limited
21 March 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 21 March 2019 it purchased for Treasury the following number of its ordinary shares ("Shares") pursuant to its £25 million share buyback programme, details of which were announced on 21 March 2019:

 

Date of transaction

 

21 March 2019

Number of shares repurchased

 

469

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 53,920,375 (excluding Treasury shares), and the company will hold 469 shares in Treasury.

The figure of 53,920,375 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:

Aggregate information: 

Venue

Volume weighted average price, USD

Aggregated volume

London Stock Exchange

 

7.95

469

 

Individual transactions:

Number of shares purchased

Transaction price (USD per share)

Time of transaction

Trading venue

187

7.95

21/03/2019 16:28:02

London Stock Exchange

68

7.95

21/03/2019 16:27:02

London Stock Exchange

214

7.95

21/03/2019 16:22:01

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.
 
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