Director/PDMR Shareholding
Media Corporation PLC
MEDIA CORPORATION PLC
(“Media Corp†or the “Groupâ€)
Directors’
Dealings
The Board of the Media Corp was informed on 13 October 2009 that Directors of the Company bought shares in Media Corp as follows:-
Director | Â | Price per share | Â | Number of shares | Â | Total number of shares held subsequent to the purchase | Â | Percentage of issued share capital held | |
Justin Drummond* | 1.50p | 500,000 | 22,286,666 | 8.4% | |||||
Jason Drummond | 1.62p | 250,000 | 22,907,000 | 8.6% |
* Included within the figure for Justin Drummond are 2,786,666 ordinary shares held by his wife, Alexandra Drummond.
In addition to the options held, Justin and Jason Drummond hold warrants over 13,000,000 and 5,250,000 ordinary shares respectively.
The issued share capital of the Company comprises 265,333,661 ordinary shares of 1 pence each.
Further information can be found on the company's website, at www.mediacorpplc.com or by contacting:
Media Corporation plc | Â | Â | Â | Â | Â | Tel: +44 20 7618 9000 |
Justin Drummond - CEO | ||||||
Nilesh Jagatia – Finance Director | ||||||
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Astaire Securities plc | Tel: +44 20 7448 4400 | |||||
Aaron Smyth / Jo Turner | ||||||
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Bishopsgate Communications | Tel: + 44 20 7562 3350 | |||||
Robyn Samuelson/Gemma O'Hara | ||||||
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 30 Million unique consumers per month via its own proprietary ad-serving and tracking technology for clients including AOL, Dell and American Express.
Website Publishing - Media Corp has a diverse publishing division specialising in online media. The impressive portfolio of websites includes a number of market leading sites such as www.gambling.com, www.onthebox.com, www.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk.