Director/PDMR Shareholding

    RNS Number : 6359J
  Hecta Media Inc.
  05 December 2008
   

    For immediate release                      
    5 December 2008 

    Hecta Media Inc
    ("Hecta Media" or "the Company")

    Directors' Dealings

    The Company announces that it has been informed that Bellone Investment Services Inc ("Bellone"), which is owned by a trust in which
Director David Weill's non-adult children are interested,  has transferred, on 3 December 2008 at a price of 3.5p per ordinary share,
12,000,000 ordinary shares in the Company to Myriagon Special Situations Inc ("Myriagon"), a Cayman Island based investments fund, the
consideration being shares in Myriagon. As a result, Myriagon now owns 22,000,000 ordinary shares representing 16.6 per cent. of the
Company's issued share capital. The shares held by Myriagon are registered in the name of HSBC Global Custody Nominee (UK) Limited.

    As a result, David Weill's interests remain in 500,000 ordinary shares held by Bellone representing 0.3%per cent. of the Company's
issued share capital. Neither David nor his family have a disclosable interest in respect of the shares held by Myriagon.


    ENDS

    Further Information:

    Hecta Media Inc
    Clark Landry (CEO)                              Tel: + 1 310 570 3820

    Beaumont Cornish Limited        
    Roland Cornish                                      Tel +44 (0) 20 7628 3396

    gth media relations
    Toby Hall /Christian Pickel        Tel: +44 (0) 20 7153 8039/8036

    Or visit the group's website at www.hectamedia.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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