29th Nov 2010 07:00
MEDIA CORPORATION PLC("Media Corp" or the "Company")
Director Shareholding
The Board of Media Corp was informed on 26 November 2010 that, on the same day, Justin Drummond, Chief Executive and a Director of Media Corp bought shares in the Company as follows:
| Director | Number of shares purchased | Purchase price | Total number of shares held following the purchase | Percentage of issued share capital held | ||||
| Justin Drummond | 500,000 | 2.72p | 24,003,907 | 7.1% | ||||
Justin Drummond's holding comprises a direct holding of 20,717,241 shares and an indirect holding of 2,786,666 shares held by his wife
The issued share capital of Media Corp comprises 338,548,376 ordinary shares of 1 penny each.
Further information can be found on the Group's website, at www.mediacorpplc.com, or by contacting:
--END--
Contacts:
| Media Corporation Plc | Tel: +44 20 7618 9000 | |
| Justin Drummond - CEO | ||
| Nilesh Jagatia - Group Finance Director | ||
| Northland Capital Partners limited | Tel: + 44 20 7492 4750 | |
| Luke Cairns / Rod Venables (Nomad) | ||
| Katie Shelton (Joint Broker) | ||
| XCAP Securities
John Grant / Karen Kelly (Joint Broker) | Tel: + 44 207 101 7070 | |
| Bishopsgate Communications | Tel: + 44 20 7562 3350 | |
| Gemma O'Hara / Siobhra Murphy | ||
Notes to editors:
Quoted on the AIM market of the London Stock Exchange, Media Corp is a leading media and online gaming group.
The Group has two principal divisions:
Advertising Network - Formed in 1996, Eyeconomy specialises in mass reach campaigns to up to 50 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 diversified publishing division specialising in online media and gaming. The impressive portfolio of websites includes a number of market leading websites, such as www.purple-lounge.com, www.gambling.com, www.onthebox.com, www.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk.
Further information can be found on the company's website, at www.mediacorpplc.com
Copyright Business Wire 2010
Related Shares:
MDC.L