25th Feb 2008 07:00
25 February 2008 Media Corporation PLC ("Media Corp" or the "Group") Transaction in own shares Media Corp (AIM:MDC), a leading internet media and advertising Group, announcesthat on 22 February 2008 the Group purchased 160,000 ordinary shares of 1p eachin the capital of the Group at a price of 4.3 pence per share. Media Corpintends to hold the purchased shares in treasury. The purchase equates to approximately 0.055% of the Group's current total issuedshare capital. Following this transaction, Media Corp's has 289,697,298 ordinary shares inissue and 1,330,000 ordinary shares in treasury. The total number of voting rights in, and the figure to be used by shareholdersas the denominator for the calculations by which they will determine whetherthey are required to notify their interests in, or changes to their interest in,Media Corp under the FSA's Disclosure and Transparency Rules is 289,697,298. For further information please contact: Media Corporation plcJustin Drummond, Chief ExecutiveNilesh Jagatia, Group Finance Director+44 (0)20 7618 9000 Buchanan CommunicationsCharles Ryland/Suzanne Brocks/Susanna Gale+44 (0)20 7466 5000 Canaccord Adams LimitedClayton Bush, Vice President+44 (0)20 7050 6500 Notes to editors: Listed on the AIM market of the London Stock Exchange, Media Corp is a leadinginternet media and advertising group focused on website publishing and onlineadvertising. The Group has two principal divisions: Website Publishing - Media Corp has a diverse publishing division specialisingin online media. Our impressive portfolio of websites includes a number of market leading sites including www.gambling.com, www.onthebox.comwww.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk. Online Advertising - Formed in 1996, Eyeconomy specialises in mass reachcampaigns to over 30 Million unique consumers per month via its own proprietaryad-serving and tracking technology for clients including AOL, Dell and AmericanExpress. www.eyeconomy.co.uk www.mediacorpplc.com Copyright Business Wire 2008Related Shares:
MDC.L