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Pin to quick picksRAM.L Regulatory News (RAM)

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Re contract win with UK Commercial Property Trust

18 Sep 2012 07:00

RNS Number : 4556M
RAM Active Media PLC
18 September 2012
 

RAM Active Media PLC

 

18th September 2012

 

RAM ACTIVE MEDIA PLC ("RAM" or the "Company")

 

Sales Contract Win

 

RAM, the investor in Digital out of Home ('DOOH') media, communications and intellectual property, announces a further advertising sales and marketing contract win for its subsidiary, RAM Vision Limited ("RAM Vision") with property owner UK Commercial Property Trust Ltd, advised by Ignis Asset Management.

 

The new 5 year sales contract is for an outdoor iconic landscape LED screen forecast to be installed in September 2012. The Rotunda Kingston is a modern leisure development built over 4 levels. Open 7 days a week The Rotunda offers circa 3 million visitors per annum a choice of venues including a 14-screen Odeon cinema, David Lloyd leisure club, Tenpin bowling as well as a variety of restaurants.

 

The Company's wholly owned subsidiary RAM Vision operates digital out of home (DOOH) media advertising sales and content provision and is the largest landscape screen broadcaster in shopping malls within the UK with an aggregate annual footfall circa 670m.

 

RAM Active Media Operations Director, Adrian Hopper comments:

 

"This contract win by RAM Vision at The Rotunda, Kingston is demonstrating through footfall its destination appeal both in retail and leisure and is a welcome addition to the RAM Vision estate. The 5 year sales contract is a further demonstration of RAM Vision's commercial plans in seeking to treble its existing estate and enhance the attractiveness of its portfolio to advertising agencies and major brands in future campaigns and events".

 

 

RAM Active Media plc

Richard Prosser 0207 518 4303

 

Libertas Capital Corporate

Finance Limited

Sandy Jamieson/Thilo Hoffman 0207 569 9650

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