December 17, 2007 02:00 ET

JumpTV Insider Transactions

TORONTO--(Marketwire - December 17, 2007) - JumpTV Inc. (AIM: JTV) (TSX: JTV) announces that on December 14, 2007, the following insider transactions took place:

G. Scott Paterson, Executive Chairman, bought 34,300 common shares at an average price of Cdn$2.04.

Jason Reid, Interim CFO, sold 50,000 shares privately at a price of Cdn$2.05.

Lorne Abony, a Director of the Company, exercised 105,000 options with an exercise price of US$1.80 and sold the resulting shares. Additionally, Mr. Abony sold 35,000 previously owned common shares. All of his sales were at an average price of Cdn$2.05.

Mr. Abony has indicated that he will donate 100% of the net gain on the sale of the 105,000 shares and 100% of the proceeds from the sale of the 35,000 shares to various charities including The Canadian Institute for the Blind, The Prostate Centre at VGH and the Merry Go Round Children's Foundation.

An employee of the Company who is not an insider acquired 50,000 shares privately at Cdn$2.05 and acquired 45,000 shares at an average price of Cdn$2.02 in the open market.

Contact Information

  • Enquiries:

    G. Scott Paterson
    Chairman & CEO
    JumpTV Inc.
    Email Contact

    Chris Bowman/Andrew Chubb
    Canaccord Adams Limited
    +44 207 050 6500