For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240807:nRSG5374Za&default-theme=true
RNS Number : 5374Z LBG Media PLC 07 August 2024
7 August 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 16,300 and 15,700 ordinary shares of £0.001 each
("Shares") at a price of 123.07 and 128.73 pence per Share respectively.
Following this purchase, Carol Kane is beneficially interested in 743,177
Shares, representing 0.4% 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 a) Purchase of Shares
b) Purchase of Shares
c) Price(s) and volume(s) a) Price: 123.07 pence Volume: 16,300
b) Price: 128.73 pence Volume: 15,700
d) Aggregated Information Price: 125.85 Volume: 32,000
e) Date of transaction a) 5 August 2024
b) 6 August 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
Matthew Lee, 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)
Benjamin Cryer
Kate Bannatyne
Media enquiries: Tel: +44 (0) 20 7466 5000
Buchanan LBGmedia@buchanan.uk.com (LBGmedia@buchanan.uk.com)
Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy
About LBG Media
LBG Media is a global digital entertainment business with a focus on young
adults and 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, X, 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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHEAXPXESSLEEA