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Trade update

28 Feb 2012 07:00

RNS Number : 2209Y
RAM Active Media PLC
28 February 2012
 



RAM ACTIVE MEDIA PLC

 

("RAM" or the "Company")

 

Trade Update

 

 

RAM ("RAM" or the "Company"), the investor in Digital out of Home ('DOOH') media, communications and Intellectual Property, announces an advertising sales contract win for its subsidiary, RAM Vision Limited ("RAM Vision") with property owners, Lend Lease, and their newly opened state of the art events venue "GLOW, BLUEWATER", the leading fashion, leisure and events destination.

 

RAM Vision has signed a five year contract for advertising sales, scheduling and content, broadcasting on an "ICONIC" 20sq.m LED large format video screen sited within Bluewater's new breed of fully integrated exhibition space, GLOW, directly accessed from the mall.

 

GLOW is a 5,200m² venue offering events to sectors such as fashion, lifestyle & community, exhibitions conferences, live music, sports and comedy shows.

 

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 650m.

 

RAM Chairman Tim Baldwin comments:

 

"The advertising sales contract win by RAM Vision with GLOW, BLUEWATER delivers an immediate revenue enhancement and is a 28 million yearly footfall addition to the Company's estate. This is further commercial demonstration of RAM Vision's UK Iconic and walkway screen network growth within its sector."

 

 

For further information please call:

 

RAM Active Media plc

Tim Baldwin

0207 518 4303

Libertas Capital Corporate Finance Limited

Sandy Jamieson

0207 569 9650

 

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