Notice of Trading Update

27January 2022

Ocean Outdoor Limited

("Ocean" or the "Company" or the "Group")

Notice of Trading Update

Ocean Outdoor Limited (LSE: OOUT), a leading operator of premium Digital Out-of-Home ("DOOH") advertising in the United Kingdom, the Netherlands, the Nordics and Germany, confirms that it will announce a revenue and adjusted EBITDA trading update for the year ended 31 December 2021, on Wednesday, 16 February 2022.

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About Ocean Outdoor

Ocean Outdoor is a leading operator of digital out-of-home (DOOH) advertising across the UK, Northern and Continental Europe. The Group's network of 8,000+ digital screens covers seven countries and 384 cities with its technological capabilities delivering the most impactful and measurable DOOH brand and advertising experiences.

Ocean's portfolio comprises of some of the most iconic locations, such as the Piccadilly Lights and the BFI IMAX, whilst it also works closely with high-profile landlords, including Landsec, Unibail-Rodamco-Westfield (URW), the BFI, Nuveen and the Canary Wharf Group, as well as major city councils on the development of its network. 

To date the Group's growth has been driven by tender wins and the rollout of new locations, as well acquisitions that complement the existing portfolio. Since 2018, Ocean has completed seven acquisitions which have enabled it to expand its UK footprint and move into the Netherlands, the Nordics and Germany.