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RNS Number : 1122M LBG Media PLC 25 April 2024
25 April 2024
LBG Media plc
("LBG Media" or the "Company")
Director/PDMR Shareholding
LBG Media plc, the UK-based multi-brand, multi-channel digital youth
publisher, announces that it has been notified that Carol Kane, Non-Executive
Director, has purchased 67,230 ordinary shares of £0.001 each ("Shares") at a
price of 74 pence per Share.
Following this purchase, Carol Kane is beneficially interested in 711,177
Shares, representing 0.3% of the issued share capital of the Company.
The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018, provides further detail.
Notification of Dealing Form:
1 Details of the person discharging managerial responsibilities / person closely
associate
a) Name Carol Kane
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name LBG Media plc
b) LEI 213800MF1QX5EE3RAV98
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary Shares of £0.001 each in the Company
Identification code ISIN: GB00BKPH9R58
b) Nature of the transaction Purchase of Shares
c) Price(s) and volume(s)
Price per Share Volume
74 pence 67,230
d) Aggregated Information
Volume N/A - Single transaction
Price
e) Date of transaction 25 April 2024
f) Place of transaction London Stock Exchange, AIM
d)
Aggregated Information
Volume
Price
N/A - Single transaction
e)
Date of transaction
25 April 2024
f)
Place of transaction
London Stock Exchange, AIM
For further information please contact:
LBG Media plc Via Buchanan
Solly Solomou, Chief Executive Officer
Richard Jarvis, Chief Financial Officer
Mark Mochalski, Investor Relations
Fiona O'Nolan, Investor Relations
Zeus (Nominated Adviser & Sole Broker) Tel: +44 (0) 161 831 1512
Dan Bate / Nick Cowles (Investment Banking) www.zeuscapital.co.uk (http://www.zeuscapital.co.uk/)
Benjamin Robertson (Equity Capital Markets)
Peel Hunt LLP (Joint Broker) Tel: +44 (0) 207 418 8990
Neil Patel www.peelhunt.com (http://www.peelhunt.com)
Paul Gillam
Richard Chambers
Media enquiries: Tel: +44 (0) 20 7466 5000
Buchanan www.buchanan.uk.com (http://www.buchanan.uk.com/)
Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy
About LBG Media
LBG Media is a multi-brand, multi-channel digital youth publisher and is a
leading disrupter in the digital media and social publishing sectors. The
Group produces and distributes digital content across a range of mediums
including video, editorial, image, audio, and experience (virtual and
augmented reality). Since its inception in 2012, the Group has curated a
diverse collection of specialist brands using social media platforms
(primarily Facebook, Instagram, Snapchat, Twitter, YouTube and TikTok) and
has built multiple websites to reach new audiences and drive engagement. Each
brand is dedicated to a distinct popular interest point (e.g. sport, gaming
etc.), which is designed to achieve broader engagement, increase relevance and
ultimately build a loyal community of followers.
The Group operates two core routes to market: Direct revenue, which is
principally generated from the provision of content marketing services to
corporates, brand owners, marketing agencies and other entities such as
government bodies and where the relationship with the client is held directly
by LBG Media; and Indirect revenue, which is generated via a third-party, such
as a social media platform or via a programmatic advertising exchange / online
marketplace, which holds the relationship with the brand owner or agency.
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