TIDMOOUT

RNS Number : 4105R

Ocean Outdoor Limited

05 November 2021

5 November 2021

Ocean Outdoor Limited

("Ocean" or the "Company")

Appointment of auditor

Ocean Outdoor Limited (LSE: OOUT), a leading operator of premium Digital Out-of-Home advertising in the United Kingdom, the Netherlands, the Nordics and Germany announces, following a competitive audit tender process, it has appointed Grant Thornton UK LLP ("Grant Thornton") as the Company's statutory auditor.

Accordingly, BDO LLP ("BDO") has resigned from its role as statutory auditor effective 22 October 2021.

As required by section 519 of the Companies Act 2006, BDO deposited a statement with the Company that confirms there are no circumstances in connection with its resignation as auditor that should be brought to the attention of members or creditors of the Company.

The appointment of Grant Thornton as statutory auditor for the following financial year will be subject to approval by shareholders at the next Annual General Meeting of the Company.

For further information please contact:

Ocean Outdoor 020 7292 6161

Tim Bleakley, CEO

Susann Jerry, Head of Communications

Yellow Jersey PR 07747 788 221

Charles Goodwin, Annabel Atkins

oceanoutdoor@yellowjerseypr.com

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

APPBIBATMTJMBFB

(END) Dow Jones Newswires

November 05, 2021 03:00 ET (07:00 GMT)

Ocean Outdoor (LSE:OOUT)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Ocean Outdoor Charts.
Ocean Outdoor (LSE:OOUT)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Ocean Outdoor Charts.