RAM Active Media PLC Re Contract (1514H)
July 09 2012 - 2:00AM
UK Regulatory
TIDMRAM
RNS Number : 1514H
RAM Active Media PLC
09 July 2012
RAM Active Media plc
("RAM" or the "Company")
Contract win
RAM, the investor in Digital out of Home ('DOOH') media,
communications and Intellectual Property, announces a capital sale
and advertising sales contract for its subsidiary, RAM Vision
Limited ("RAM Vision") with property owners CEPF Chariot S.a.r.l
and asset manager Catalyst Capital for its Mall, at The Stratford
Centre, Stratford, London.
RAM Vision will source and install a large format landscape
video screen within the Stratford Centre's main central square and
manage a five year contract for broadcasting advertising sales,
scheduling and content. The Stratford Centre has recently benefited
from a strong increase in custom and now accounts for an annual
footfall in excess of 24 million.
The Company's wholly owned subsidiary RAM Vision operates
digital out of home (DOOH) media advertising sales and content
provision and is the largest landscape screen broadcaster in
shopping malls within the UK with an aggregate annual footfall in
excess of 600 million.
RAM CEO Richard Prosser comments:
"The advertising sales contract and capital sale win by RAM
Vision with The Stratford Centre will deliver an immediate revenue
enhancement. Installation is scheduled for the screen to be live
for media advertising campaigns ahead of the opening of the London
Olympic Games. The Games will undoubtedly deliver a substantial
increase in footfall around the Olympic Park during this period and
the Stratford Centre is ideally located to benefit from this. This
is a further commercial demonstration of RAM Vision's UK Iconic and
Walkway screen network growth within this important and active
sector."
For further information please call:
RAM Active Media plc
Richard Prosser 0207 518 4303
Libertas Capital Corporate
Finance Limited
Sandy Jamieson or Thilo Hoffman 0207 569 9650
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTUNSSRUWABRAR
RAM (LSE:RAM)
Historical Stock Chart
From Jun 2024 to Jul 2024
RAM (LSE:RAM)
Historical Stock Chart
From Jul 2023 to Jul 2024
