Catalyst Media Group PLC Transaction in Own Shares (0530O)
November 02 2016 - 3:00AM
UK Regulatory
TIDMCMX
RNS Number : 0530O
Catalyst Media Group PLC
02 November 2016
2 November 2016
Catalyst Media Group plc
("CMG" or the "Company")
Transaction in Own Shares
The Company announces that, on 1 November 2016, the Company
purchased, in the market, in aggregate, 763,133 ordinary shares of
10p each in CMG ("Ordinary Shares") at an average price of 75p per
Ordinary Share.
The Company also announces that the Board of Directors has
resolved to cancel the 763,133 Ordinary Shares and the 1,551,562
Ordinary Shares held in treasury.
Following the above purchases and cancellation, the Company now
has 21,696,662 Ordinary Shares in issue, 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 Company does not hold any Ordinary
Shares in treasury.
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: 1 November
2016
--------------------------- -----------
Number of Ordinary Shares
purchased: 763,133
--------------------------- -----------
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 Number of Transaction
- GMT) Ordinary Shares price (pence
purchased per share)
------------ ----------------- --------------
09:06 693,133 75p
------------ ----------------- --------------
10:00 40,000 75p
------------ ----------------- --------------
10:04 30,000 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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