TIDMCROS

RNS Number : 6496H

Crossrider plc

02 December 2015

Crossrider plc

("Crossrider," the "Company" or the "Group")

Transaction in own shares

Crossrider (AIM: CROS), the creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data, announces that, on 1 December 2015, it purchased 250,000 of its ordinary shares of USD 0.0001 each in the Company ("Ordinary Shares") at a price per share of 55.5p. Crossrider purchased these shares through Shore Capital Stockbrokers Limited.

The number of shares purchased represented 0.17% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. The purchased shares will be held in treasury. Crossrider has purchased to date 4,174,289 of its own shares since announcing a share buy-back programme on 19 November 2015.

The total number of Ordinary Shares in issue (excluding treasury shares) following this announcement is 144,321,784. Crossrider holds 4,174,289 shares in treasury.

- ends -

For more information contact

 
 Crossrider plc 
  Koby Menachemi, Chief Executive 
  Officer 
  Mark Carlisle, Chief Financial 
  Officer 
  c/o Bell Pottinger                 +44 (0) 20 3772 2496 
 Shore Capital 
  Bidhi Bhoma 
  Toby Gibbs                         +44 (0) 20 7408 4090 
 Bell Pottinger 
  David Rydell 
  James Newman 
  Sam Cartwright                     +44 (0) 20 3772 2496

About Crossrider

Crossrider is a creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data. The Company's web and mobile platforms power ad networks, agencies and direct publishers and enable the delivery of relevant digital advertising through the analysis of big data: making online marketing significantly more efficient and cost effective.

The Group operates web and mobile platforms which generate big data, enabling the development of a proprietary ad serving algorithm and engine that can extract value from this data to deliver relevant advertising to targeted users.

Crossrider's vision is to become the de facto standard platform for delivering relevant web and mobile adverts to billions of people, powering the next generation of digital advertising.

www.crossrider.com

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

December 02, 2015 02:00 ET (07:00 GMT)

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