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Stratford Contract

20 Jul 2012 11:02

RNS Number : 1549I
RAM Active Media PLC
20 July 2012
 



RAM Active Media plc

("RAM" or the "Company")

Stratford contract installation completed ahead of schedule.

RAM, the investor in Digital out of Home ('DOOH') media, communications and Intellectual Property, announces the successful Iconic screen installation of its capital sale and advertising sales contract for its subsidiary, RAM Vision Limited ("RAM Vision") with property owners CEPF Chariot S.a.r.l and asset manager Catalyst Capital for its Mall, at The Stratford Centre, Stratford, London.

RAM Vision has sourced and deployed a large format Iconic landscape video screen in advance of its scheduled installation date within the Stratford Centre's main central square. The Company also has a five year contract for broadcasting advertising sales, scheduling and content. The Stratford Centre has recently benefited from a strong increase in custom and now accounts for an annual footfall in excess of 24 million.

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 in excess of 600 million.

RAM Vision Commercial Director, Paul Masterson comments:

"The Stratford Centre installation ahead of schedule demonstrates RAM Vision's commitment to its contracted Partners, confirming our long term strategy of Iconic screen estate growth both in the UK and on an International basis. This screen provides a wonderful opportunity for advertisers to get involved in this summer's activity, with its strategic position within a busy retail location adjacent to the Olympic site. As with all the screens throughout our network, this is perfectly placed, ensuring constant visibility with no obstructions to the line of sight. Catalyst Capital has proved to be a great commercial partner and we look forward to working with them again on a number of exciting new projects."

For further information please call:

RAM Active Media plc

Richard Prosser 0207 518 4303

Libertas Capital Corporate Finance Limited

Sandy Jamieson or Thilo Hoffman 0207 569 9650

 

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