Media Corporation PLC
Media Corporation PLC
Media Corp (AIM:MDC), a leading internet media and advertising Group, announces
that on 25 June 2008 the Group purchased 145,000 ordinary shares of 1p each in
the capital of the Group at a price of 3 pence per share. Media Corp intends to
hold the purchased shares in treasury.
The purchase equates to approximately 0.052% of the Group's current total issued
share capital.
Following this transaction, Media Corp has 280,837,298 ordinary shares in issue
and 10,190,000 ordinary shares in treasury.
The total number of voting rights in, and the figure to be used by shareholders
as the denominator for the calculations by which they will determine whether
they are required to notify their interests in, or changes to their interest in,
Media Corp under the FSA's Disclosure and Transparency Rules is 280,837,298.
For further information please contact:
Media Corporation plc
Justin Drummond, Chief Executive
Nilesh Jagatia, Group Finance Director
+44 (0)20 7618 9000
Buchanan Communications
Charles Ryland/Suzanne Brocks/Susanna Gale
+44 (0)20 7466 5000
Canaccord Adams Limited
Mark Williams, Managing Director
+44 (0)20 7050 6500
Notes to editors:
Listed on the AIM market of the London Stock Exchange, Media Corp is a leading
internet media and advertising group focused on website publishing and online
advertising.
The Group has two principal divisions:
Advertising Network - Formed in 1996, Eyeconomy specialises in mass reach
campaigns to over 32 Million unique consumers per month via its own proprietary
ad-serving and tracking technology for clients including AOL, Dell and American
Express.
www.eyeconomy.co.uk
Website Publishing - Media Corp has a diverse publishing division specializing
in online media. Our impressive portfolio of websites includes a number of
market leading sites including www.gambling.com, www.onthebox.com
www.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk.
www.mediacorpplc.com
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.