REG - LBG Media PLC - Director/PDMR Shareholding

LBG MediaAnnouncement

08/08/2024 07:00

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RNS Number : 6085Z  LBG Media PLC  08 August 2024

8 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 7,400 ordinary shares of £0.001 each ("Shares") at a
price of 130.0 pence per Share.

 

Following this purchase, Carol Kane is beneficially interested in 750,577
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                                      Purchase of Shares

 c)   Price(s) and volume(s)

 Price per Share   Volume
                                                                    130.0 pence       7,400

 
 d)   Aggregated Information                                         N/A - Single transaction
 e)   Date of transaction                                            7 August 2024
 f)   Place of transaction                                         London Stock Exchange, AIM

 

d)

Aggregated Information

  N/A - Single transaction

e)

Date of transaction

  7 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.

 

 

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