17th Nov 2008 07:00
Media Corporation plc
DIRECTORS SHARE TRANSACTIONS
Media Corporation plc ("the Company") announces that on 14th November 2008 Justin Drummond, Chief Executive and a Director of the Company and Jason Drummond, Chairman and a director of the company notified the Company of the following share purchases on the 14th November 2008, totaling 1,000,000 shares.
Details of these share purchases and the resultant holding of the Director concerned are as follows:
| Name | Shares purchased | Purchase price per share | Percentage interest | Revised number of shares held
| Percentage interest | |||||
| Justin Drummond | 500,000 | 2.125 pence | 0.19% | 18,000,000 | 6.8% | |||||
| Jason Drummond | 500,000 | 2.125 pence | 0.19% | 22,657,000 | 8.6% | |||||
| Total | 1,000,000 | 0.38% | 40,657,000 | 15.4% |
For further information please contact:
Media Corporation plcJustin Drummond, Chief ExecutiveNilesh Jagatia, Group Finance Director + 44 020 7618 9000www.mediacorpplc.com Daniel Stewart & Company plcSimon Leathers Tel: + 44 0 20 7776 6550www.danielstewart.co.ukNotes to editors:
Listed on the AIM market of the London Stock Exchange, Media Corp is a leading internet media and advertising group focused on website publishing and online advertising.
The Group has two principal divisions:
Advertising Network - Formed in 1996, Eyeconomy specialises in mass reach campaigns to over 32 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 diverse publishing division specializing in online media. Our impressive portfolio of websites includes a number of
market leading sites including www.gambling.com, www.onthebox.com, www.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk .
Copyright Business Wire 2008
Related Shares:
MDC.L