1 Apr 2016 07:00
7digital Group plc
("7digital" or "the Company")
Transaction in Own Shares
7digital (AIM:7DIG), the digital music and radio services company, announces that on 31 March 2016, the Company transferred 24,111 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") out of treasury in respect of the settlement of share options.
Following this transfer, the Company will have 108,431,517 Ordinary Shares in issue. There are now 54,944 Ordinary Shares held in treasury. Therefore the total number of voting rights in 7digital is 108,376,573. This number may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
7digital Group Simon Cole, Chief Executive Pete Downton, Chief Commercial Officer Matt Honey, Interim Chief Financial Officer Holly Ashmore, PR Manager | 020 7099 7777 |
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finnCap (nominated adviser and broker) Geoff Nash/ Carl Holmes/ Simon Hicks - Corporate Finance Malar Velaigam - Corporate Broking | 020 7220 0500 |
Weber Shandwick (Financial PR agency) Nick Oborne - Noborne@WeberShandwick.com Tom Jenkins - TJenkins@webershandwick.com | 020 7067 0000 |
About 7digital (http://about.7digital.com)
7digital is a B2B digital music and radio services company. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.
7digital fosters industry growth and innovation by simplifying access to music for customers such as Onkyo, Guvera, OpenLIVE, and The Overflow. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories, and powering services for partners like HMV, Panasonic and ROK Mobile, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.