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Transaction in own shares

20 Nov 2015 07:00

RNS Number : 3711G
Crossrider plc
20 November 2015
 

Crossrider plc

 

("Crossrider," the "Company" or the "Group")

 

Transaction in own shares

 

Crossrider (AIM: CROS), the creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data, announces that, on 19 November 2015, it purchased 3,924,289 of its ordinary shares of USD 0.0001 each in the Company ("Ordinary Shares") at a price per share of 54.5p. Crossrider purchased these shares through Shore Capital Stockbrokers Limited.

 

The number of shares purchased represented 2.64% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. The purchased shares will be held in treasury. Crossrider has purchased to date 3,924,289 of its own shares since announcing a share buy-back programme on 19 November 2015.

 

The total number of Ordinary Shares in issue (excluding treasury shares) following this announcement is 144,538,750. Crossrider holds 3,924,289 shares in treasury.

 

 

- ends -

 

 

For more information contact

 

Crossrider plc

Koby Menachemi, Chief Executive Officer

Mark Carlisle, Chief Financial Officer

c/o Bell Pottinger

 

+44 (0) 20 3772 2496

Shore Capital

Bidhi Bhoma

Toby Gibbs

 

+44 (0) 20 7408 4090

Bell Pottinger

David Rydell

James Newman

Sam Cartwright

+44 (0) 20 3772 2496

 

About Crossrider

 

Crossrider is a creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data. The Company's web and mobile platforms power ad networks, agencies and direct publishers and enable the delivery of relevant digital advertising through the analysis of big data: making online marketing significantly more efficient and cost effective.

 

The Group operates web and mobile platforms which generate big data, enabling the development of a proprietary ad serving algorithm and engine that can extract value from this data to deliver relevant advertising to targeted users.

 

Crossrider's vision is to become the de facto standard platform for delivering relevant web and mobile adverts to billions of people, powering the next generation of digital advertising.

 

www.crossrider.com 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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