26th Nov 2010 07:00
MEDIA CORPORATION PLC("Media Corp" or the "Company")
Director Shareholding
The Board of Media Corp was informed on 25 November 2010 that, on the same day, Justin Drummond, Chief Executive and Nilesh Jagatia, Group Finance Director, both Directors of the 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 | 2.35p | 23,503,907 | 6.9% | |||||
| Nilesh Jagatia | 100,000 | 2.43p | 510,345 | 0.1% |
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