OOUT Ocean Outdoor Limited

TIDMOOUT

RNS Number : 7606Z

Ocean Outdoor Limited

27 January 2022

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.

For further information please contact:

 
 Ocean Outdoor 
  Tim Bleakley, CEO                                 020 7292 
  Susann Jerry, Head of Corporate Communications     6161 
 Yellow Jersey PR 
  Charles Goodwin                                   0774 778 
  Annabel Atkins                                     8221 
 

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.

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January 27, 2022 01:59 ET (06:59 GMT)

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