OOUT.L Regulatory News (OOUT)

7 January 2019

Ocean Outdoor Limited

(the "Company")

Publication of Prospectus and expected Re-admission date

The Company announces that a prospectus (the "Prospectus") dated today has been approved by the Financial Conduct Authority in connection with the re-admission of the Company's ordinary shares to a Standard Listing on the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities ("Re-admission").

The Prospectus has been published and will be available on the Company's website at www.oceanoutdoor.com. Copies of the Prospectus will also be available from the Company's registered office at Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands, and the offices of the Company's lawyers, Greenberg Traurig, LLP, The Shard, Level 8, 32 London Bridge Street, London SE1 9SG during usual business hours on any day (except Saturdays, Sundays and public holidays).

A copy of the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

It is expected that Re-admission will become effective at 8:00 a.m. GMT on 10 January 2019.

For further information please contact:

About Ocean Outdoor Limited:

Ocean Outdoor operates some of the UK's most prestigious digital outdoor locations, including Holland Park Roundabout, which forms part of the Company's exclusive external rights to two of the largest premium urban shopping malls in Europe, Westfield London and Westfield Stratford; The Birmingham Media Eyes above New Street Station, Birmingham; Landsec's Piccadilly Lights and digital out-of-home (DOOH) networks across 8 of the top 10 cities in the UK including Birmingham, Manchester, Liverpool, Glasgow and Edinburgh. Ocean also manages London's BFI IMAX. Ocean's portfolio of high profile landlords and partners includes Birmingham and Manchester City Councils, Landsec, the BFI and intu.