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Notice of Revenue Trading Update

27 Jan 2021 10:30

RNS Number : 0580N
Ocean Outdoor Limited
27 January 2021
 

27 January 2021

 

Ocean Outdoor Limited

("Ocean" or the "Company" or the "Group")

Notice of Revenue Trading Update

 

Ocean Outdoor Limited (LSE: OOUT), a leading operator of premium Digital Out-of-Home ("DOOH") advertising in the United Kingdom, the Netherlands, the Nordics and Germany, confirms that it will announce a revenue trading update for the year ended 31 December 2020, on Tuesday 16 February 2021.  

 

 For further information please contact:

 

Ocean Outdoor

Tim Bleakley, CEO

Susann Jerry, Head of Corporate Communications

 

020 7292 6161

Yellow Jersey PR

Charles Goodwin

Georgia Colkin

Joe Burgess

0774 778 8221

 

 

 

About Ocean Outdoor

  

Ocean Outdoor operates some of the most prestigious digital out-of-home (DOOH) locations in the UK, Northern and Continental Europe. The Group portfolio includes 4,000 screens in seven countries and 270 cities.

In the UK, Ocean operates the most iconic DOOH locations including the BFI IMAX; the Landsec Piccadilly Lights; and has a significant presence in the top 13 UK cities. Ocean's high-profile landlords and partners include Birmingham, Manchester, Glasgow and Southampton City Councils, Landsec, Unibail-Rodamco-Westfield, the BFI and Intu. A continued focus on Ocean's Digital Cities for Digital Citizens philosophy has significantly augmented the Group's position as an operator of high quality DOOH assets. Ocean continues to deliver good organic development through new City tender wins, the rollout of new locations in Scotland, London, the West Midlands and Manchester and significant screen investment.

Strategic acquisitions that complement the existing DOOH portfolio remain a strategic pillar of the growth programme. This continued with three Dutch acquisitions in spring 2019, giving the company a significant share of the Netherlands market where it has become a major DOOH player. These subsidiaries have since been rebranded as Ocean Outdoor Netherlands.

In September 2019, Ocean acquired the assets of Visual Art, a Sweden based independent, pure-play DOOH media and tech group which operates in three Nordic countries (Sweden, Norway, Denmark) and key cities in Germany. This transaction expands Ocean's portfolio across 23 Unibail-Rodamco-Westfield shopping malls in Europe, in addition to holding the exclusive external rights to two of the largest premium urban shopping malls in Europe: Westfield London and Westfield Stratford in the UK.

In February 2020, Ocean closed the acquisition of AdCityMedia, a Sweden-based premium out-of-home and digital screen tech operator focused on large format digital and high-end city centre locations across Sweden, Norway, Denmark and Finland. The combined entities of Visual Art and AdCityMedia, referred to as Ocean Outdoor Nordics, creates the leading DOOH operator in the region.

 

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END
 
 
NOREAEFXAENFEFA
Date   Source Headline
13th Nov 20197:00 amRNSQ3 Trading Update
8th Nov 20197:00 amRNSNotice of Revenue Trading Update
24th Oct 20197:00 amRNSDiscretionary share buy-back programme
16th Sep 20197:01 amRNSAcquisition of Visual Art
16th Sep 20197:00 amRNSInterim results
27th Aug 20192:18 pmRNSHolding(s) in Company
27th Aug 201912:02 pmRNSHolding(s) in Company
29th Jul 20197:00 amRNSNotice of Results
4th Jul 201911:20 amRNSHolding(s) in Company
1st Jul 20197:00 amRNSSenior executive appointment to UK team
28th Jun 20197:00 amRNSLandmark agreement to live stream Wimbledon
24th Jun 20197:00 amRNSOcean extends The Alliance in China
21st Jun 20197:00 amRNSOcean rolls out Birmingham DOOH roadside network
5th Jun 20199:48 amRNSResult of AGM
31st May 20197:00 amRNSTotal Voting Rights
22nd May 201911:18 amRNSTransaction in Own Shares
21st May 20194:52 pmRNSTransaction in Own Shares
21st May 20197:00 amRNSTransaction in Own Shares
17th May 20194:54 pmRNSTransaction in Own Shares
16th May 20195:15 pmRNSTransaction in Own Shares
15th May 20195:59 pmRNSTransaction in Own Shares
15th May 20197:00 amRNSTransaction in Own Shares
15th May 20197:00 amRNSTrading Update and Glasgow Contract Win
14th May 20197:15 amRNSTransaction in Own Shares
9th May 20197:00 amRNSTransaction in Own Shares
8th May 20196:04 pmRNSHolding(s) in Company
3rd May 20196:29 pmRNSTransaction in Own Shares
3rd May 20197:00 amRNSNotice of AGM
2nd May 20197:00 amRNSTransaction in Own Shares
30th Apr 20195:04 pmRNSTransaction in Own Shares
29th Apr 20194:31 pmRNSTransaction in Own Shares
26th Apr 20196:09 pmRNSTransaction in Own Shares
25th Apr 20194:39 pmRNSTransaction in Own Shares
25th Apr 20197:00 amRNSDirector/PDMR Shareholding
25th Apr 20197:00 amRNSTransaction in Own Shares
23rd Apr 20193:38 pmRNSTransaction in Own Shares
18th Apr 20195:34 pmRNSTransaction in Own Shares
16th Apr 20193:00 pmRNSTransaction in Own Shares
15th Apr 20195:58 pmRNSTransaction in Own Shares
8th Apr 20196:22 pmRNSTransaction in Own Shares
8th Apr 20197:00 amRNSTransaction in Own Shares
5th Apr 20197:00 amRNSTransaction in Own Shares
2nd Apr 20195:57 pmRNSTransaction in Own Shares
29th Mar 20195:17 pmRNSTransaction in Own Shares
28th Mar 20194:31 pmRNSTransaction in Own Shares
28th Mar 20197:00 amRNSTransaction in Own Shares
22nd Mar 20194:31 pmRNSTransaction in Own Shares
21st Mar 20196:06 pmRNSTransaction in Own Shares
21st Mar 20197:00 amRNSPurchases of shares during open periods
20th Mar 20191:31 pmRNSDirector/PDMR Shareholding

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