TORONTO, ONTARIO–(Marketwired – May 6, 2016) – ZoomerMedia Limited (TSX VENTURE:ZUM) (“Zoomer“) announces that Moses Znaimer, President and Chief Executive Officer of Zoomer, established an automatic share purchase plan (the “ASPP“) with his broker to acquire common shares of Zoomer in the open market commencing May 9, 2016.
Mr. Znaimer’s decision to participate in the ASPP is a personal decision based on his own investment objectives. Under the ASPP, Mr. Znaimer is not permitted to exercise any further discretion or influence over how, when or whether the purchase of common shares of Zoomer will occur. An ASPP can only be established when the insider participating in the plan is not in possession of material non-public information.
Transactions under the ASPP will be reported on SEDI in accordance with applicable Canadian securities laws.
About ZoomerMedia Limited
ZoomerMedia is a multimedia company that serves the 45plus “Zoomer” demographic through television, radio, magazine, internet and trade shows. ZoomerMedia’s television properties include; Vision TV, Canada’s only multi-faith specialty television service; ONE: Body Mind Spirit Love Channel, offering programs on exercise, meditation, yoga, natural health and living a planet-friendly lifestyle; JoyTV in Vancouver, Victoria, Surrey and the Fraser Valley, and the newly rebranded HOPETV (formerly JoyTV11), a lifestyle television service out of Winnipeg devoted to broadcasting Christian programming and is available in approximately 6 million Canadian homes. ZoomerMedia’s radio properties include CFMZ-FM Toronto – The New Classical 96.3FM, CFMX-FM Cobourg – The New Classical 103.1FM, CFMO-FM Collingwood – The New Classical 102.9FM, Canada’s only commercial classical music radio stations serving the Greater Toronto Area (GTA), eastern Ontario and Collingwood, CFZM-AM 740 Toronto and CFZM-FM 96.7FM Toronto – Zoomer Radio, Toronto’s “Timeless Hits” Station. ZoomerMedia also publishes ZOOMER magazine, the largest paid circulation magazine in Canada for the mature market. ZoomerMedia is Canada’s leading provider of online content targeting the 45plus age group through many properties, the key one being www.EverythingZoomer.com. ZoomerMedia also has trade show and conference divisions that produce the ZoomerShows, annual consumer shows directed to the Zoomer demographic and ideaCity, an annual Canadian conference also known as “Canada’s Premiere Meeting of the Minds.”
George Kempff
Vice President and Chief Financial Officer
(416) 607-7735
[email protected]
ZoomerMedia Limited
Leanne Wright
Vice President Communications
(416) 886-6873
[email protected]
