Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRAM.L Regulatory News (RAM)

  • There is currently no data for RAM

Re Contract with Land Securities

17 Sep 2012 07:00

RNS Number : 3532M
RAM Active Media PLC
17 September 2012
 



RAM Active Media PLC

 

17 September 2012

 

RAM ACTIVE MEDIA PLC

 

("RAM" or the "Company")

 

Contract Win

 

RAM, the investor in Digital out of Home ('DOOH') media, communications and Intellectual Property, announces advertising sales, content production and screen estate management contract win for its subsidiary, RAM Vision Limited ("RAM Vision") with property owners Land Securities, the UK's largest commercial property Company.

 

RAM Vision will source and install large format Iconic landscape video screens in six of Land Securities UK shopping mall portfolio. They are White Rose in Leeds, Galleria in Hatfield, Bridges in Sunderland, 02 Finchley Road London, Gunwharf Quays in Portsmouth and The Centre in Livingston. RAM Vision is to manage a five year contract for broadcasting advertising sales, scheduling content and screen management at all six named malls. These additional mall sites account for an annual increased footfall on the RAM Vision broadcast estate in excess of 71 million.

 

Following the successful installation of these contracts, RAM Vision will initiate a plan in its offering to roll out Iconic large format video screens across the Land Securities mall and retail portfolio. RAM Vision will be working closely with both the commercial team at Land Securities head office in the Strand, London, and the individual management teams at each site location under contract.

 

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. The Iconic portfolio is now extended to 29 screens nationwide in major retail destination venues. The contract win is also forecasted to deliver a significant percentage increase to RAM Vision bottom line contribution and enhances the aggregate annual footfall in excess of 670 million.

 

Land Securities is the UK's largest commercial property owner with approximately 20.6m sq ft of retail accommodation and currently has a portfolio in this sector of 24 shopping centres and 19 retail locations.

 

RAM CEO Richard Prosser comments:

 

"The contract win by RAM Vision with Land Securities is a significant enhancement to the Company's fast emerging growth in Iconic digital screens in key retail and leisure locations. It is the intent of both parties to have fully installed and screens live in time for the important fourth retail trading quarter. The 71m additional footfall to the RAM Vision estate is a further statement to outdoor digital advertising market of the company's strategy to enlarge its Iconic screen network and deliver on its pipeline of future contract wins with other major UK Land and Property owner estates. This is a further commercial demonstration of RAM Vision's UK Iconic and Walkway screen network growth within this important and active sector."

 

For further information please call:

 

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
 
 
CNTBKQDPPBKDNCD
Date   Source Headline
31st Jan 20125:51 pmRNSHolding(s) in Company
16th Dec 20117:00 amRNSRe Joint Venture Agreement update
7th Dec 20113:11 pmRNSStatement re Agreement
23rd Nov 20112:20 pmRNSIssue of Equity
19th Oct 20117:00 amRNSAcquisition of Brandplay UK
10th Oct 201110:30 amRNSDirectorate Change
11th Aug 201112:34 pmRNSChange of Name
4th Aug 20117:00 amRNSInterim Results 2011
29th Jul 201111:14 amRNSResult of AGM
30th Jun 20114:38 pmRNSIssue of Equity - Replacement
30th Jun 20114:19 pmRNSNotice of AGM
30th Jun 201110:57 amRNSFinal Results
30th Jun 20117:07 amRNSIssue of Equity
4th Apr 20117:00 amRNSCompletion of first refurbishment contract
28th Mar 20117:00 amRNSTrading Statement
16th Feb 20112:42 pmRNSFirst Great Western Installations
31st Jan 20115:22 pmRNSTotal Voting Rights
31st Jan 20117:00 amRNSRe Joint Venture
10th Jan 20112:51 pmRNSPlacing of Shares
16th Dec 201010:00 amRNSAdvanced talks re 3D technology
26th Oct 20109:03 amRNSTrainFX press release
6th Oct 20106:07 pmRNSDirector/PDMR Shareholding
5th Oct 201010:18 amRNSRam Vision
1st Oct 201010:13 amRNSTotal Voting Rights
29th Sep 20107:00 amRNSDirector/PDMR Shareholding
24th Sep 201012:55 pmRNSHolding(s) in Company
23rd Sep 20104:57 pmRNSIssue of Equity
21st Sep 20103:11 pmRNSHalf Yearly Report
17th Sep 20104:58 pmRNSResult of EGM
13th Sep 20107:30 amRNSProgress at RAM Vision
2nd Sep 201011:48 amRNSSchedule 1 - RAM Investment Group plc
1st Sep 20107:00 amRNSAcquisition and Notice of General Meeting
10th Aug 201012:44 pmRNSIssue of Equity
30th Jul 20107:00 amRNSTotal Voting Rights
29th Jul 20103:02 pmRNSIssue of Equity
22nd Jul 20101:10 pmRNSHolding(s) in Company
22nd Jul 20101:08 pmRNSDirector/PDMR Shareholding
19th Jul 20109:35 amRNSIssue of Equity through successful Placing
29th Jun 20104:43 pmRNSResult of AGM
10th Jun 20106:14 pmRNSAnnual Financial Report
6th May 20107:00 amRNSNew contract signed
5th May 201012:20 pmRNSUpdate on Investments
30th Apr 20104:47 pmRNSHolding(s) in Company
29th Apr 20106:19 pmRNSPreliminary Results
31st Mar 20105:49 pmRNSUpdate on Investments
31st Mar 20104:07 pmRNSTotal Voting Rights
26th Feb 20101:38 pmRNSIssue of Equity
31st Dec 200910:18 amRNSIssue of Equity
31st Dec 20097:00 amRNSTotal Voting Rights
24th Dec 20099:19 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.