oOh!media Clarifies on Management Buyout Rumours

  • Nov 18, 2019 AEDT
  • Team Kalkine

Shares of oOh!media Limited (ASX: OML) were paused during the early hours of trading session today. Later, the company has quashed the media reports claiming the prospect of any management buyout.

OML confirmed that:

  • Board & Management has not received any proposal regarding a management buyout.
  • The company is not in discussions regarding a potential management buyout.
  • oOh!media remains committed on achieving organic growth.


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