Transaction in Own Shares

RNS Number : 9915M

Catalyst Media Group PLC

20 October 2016

 

20 October 2016

Catalyst Media Group plc

("CMG" or the "Company")

Transaction in Own Shares

The Company announces that, on 19 October 2016, the Company purchased, in the market, in aggregate, 20,000 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 23,926,357 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 85,000.

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:	19 October 2016
Number of Ordinary Shares purchased:	20,000
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)
08:57	20,000	75p

Enquiries:

Catalyst Media Group plc

Michael Rosenberg, Non-Executive Chairman     [phone]

Melvin Lawson, Non-Executive Director            [phone]

Strand Hanson Limited                                  [phone]

James Harris

Richard Tulloch

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014.

 

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