Purchase of own shares
07 Mai 2009 - 8:00AM
UK Regulatory
TIDMBRST
RNS Number : 8228R
Burst Media Corporation
07 May 2009
7 May 2009
Burst Media Corporation ("Burst" or the "Company")
Purchase of own shares
On 5 May 2009, the Company announced its intention to repurchase for
cancellation Burst common shares of US$0.01 each ("Burst Shares") with an
aggregate market value of up to US$500,000.
The Company announces that on 6 May 2009 it purchased a total of 2,600,000 Burst
Shares at a price of 5.9 pence per share. The authority granted by the Board for
the Company to repurchase Burst Shares has not been fully utilised and the
Company may make further repurchases.
It is intended that the 2,600,000 Burst Shares repurchased by the Company will
be cancelled. Following cancellation of these shares, Burst will have 70,628,562
common shares of US$0.01 each in issue.
Enquiries:
+------------------------------------+------------------------------------+
| Burst Media Corporation | |
+------------------------------------+------------------------------------+
| Jarvis Coffin, Chief Executive | Tel: +1 781 852 5271 |
| Steve Hill, Chief Financial | |
| Officer | |
+------------------------------------+------------------------------------+
| | |
+------------------------------------+------------------------------------+
| Altium | |
+------------------------------------+------------------------------------+
| Tim Richardson / Paul Chamberlain | +44 (0) 20 7484 4040 |
+------------------------------------+------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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