10 Nov 2016 07:00
10 November 2016
Catalyst Media Group plc
("CMG" or the "Company")
Transaction in Own Shares
The Company announces that, on 9 November 2016, the Company purchased, in the market, in aggregate, 474,500 ordinary shares of 10p each in CMG ("Ordinary Shares") at an average price of 75p per Ordinary Share. The purchased shares will be held in treasury.
Following the above purchases, the Company now has 21,032,030 Ordinary Shares in issue (excluding treasury shares), which is the total number of voting rights and may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change in their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The total number of Ordinary Shares now held in treasury is 664,632.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains a summary of and detailed information about the purchases made by WH Ireland Limited on behalf of the Company as part of the buy-back programme.
Schedule 1: Summary of buy-back transaction
Date of purchase: | 9 November 2016 |
Number of Ordinary Shares purchased: | 474,500 |
Highest price paid per share (pence): | 75p |
Lowest price paid per share (pence): | 75p |
Average price paid per share (pence): | 75p |
Schedule 2: Details of buy-back transactions
Time (hh:mm - GMT) | Number of Ordinary Shares purchased | Transaction price (pence per share) |
08:14 | 474,500 | 75p |
Enquiries:
Catalyst Media Group plc
Michael Rosenberg, Non-Executive Chairman +44 (0) 7785 727 595
Melvin Lawson, Non-Executive Director +44 (0)20 7734 8111
Strand Hanson Limited +44 (0)20 7409 3494
James Harris
Richard Tulloch
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014.
Catalyst Media (CMX)