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Regulatory News


Transaction in Own Shares

Thu, 18th Apr 2019 17:34


RNS Number : 6998W
Ocean Outdoor Limited
18 April 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 18 April 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

18 April 2019

Number of shares repurchased

140

Highest price paid per share

$7.70

Lowest price paid per share

$7.70

Average price paid per share

$7.70

Broker

Barclays

Following the purchase of these Shares, the remaining number of ordinary shares in issue will be 53,794,896 (excluding Treasury shares), and the company will hold 125,948 shares in Treasury.

The figure of 53,794,896 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

7.70

140

Individual transactions:

Number of shares purchased

Transaction price (USD per share)

Time of transaction

Trading venue

17

7.70

2019/04/18 16:29:34

London Stock Exchange

123

7.70

2019/04/18 16:28:14

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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