24th Jul 2008 07:00
Media Corp (AIM:MDC), a leading internet media and advertising Group, announcesthat on 23 July 2008 the Group purchased 190,000 ordinary shares of 1p each inthe capital of the Group at a price of 2.37 pence per share. Media Corp intendsto hold the purchased shares in treasury. The purchase equates to approximately 0.068% of the Group's current total issuedshare capital. Following this transaction, Media Corp has 277,937,298 ordinary shares in issueand 13,990,000 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 277,937,298. For further information please contact: Media Corporation plcJustin Drummond, Chief Executive Nilesh Jagatia, Group Finance Director+44 (0)20 7618 9000 Canaccord Adams LimitedMark Williams, Managing Director+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: Advertising Network - Formed in 1996, Eyeconomy specialises in mass reachcampaigns to over 32 Million unique consumers per month via its own proprietaryad-serving and tracking technology for clients including AOL, Dell and AmericanExpress. www.eyeconomy.co.uk Website Publishing - Media Corp has a diverse publishing division specializingin online media. Our impressive portfolio of websites includes a number ofmarket leading sites including www.gambling.com, www.onthebox.comwww.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk. www.mediacorpplc.com Media Corporation PLC Copyright Business Wire 2008Related Shares:
MDC.L