23 April 2024
LBG Media
plc
("LBG
Media", the "Company")
Audited Final
Results
and
Notice of Annual General
Meeting
LBG Media plc (AIM: LBG), the global
digital entertainment business with a focus on young adults,
announces that its audited financial results for the year ended 31
December 2023 are available to view on the Company's website at
www.lbgmedia.co.uk. The audited final results contain no material
adjustments to the unaudited results announced on Thursday, 18
April 2024.
The Company's Annual General Meeting
("AGM") will be held at the London office, Level 2, The Relay
Building, 114 Whitechapel High Street, London, E1 7PT at 9:30 a.m.
on 23 May 2024. An electronic copy of the Notice of AGM will be
available shortly on the investor section of the Company's
website www.lbgmedia.co.uk.
The 2023 Annual Report and Accounts is available
at https://lbgmedia.co.uk/results-reports-presentations/annual-report
and will be posted to shareholders,
together with the notice convening the 2024
AGM, in due course.
For
further information please contact:
|
LBG Media
plc
Solly Solomou, Co-founder & CEO
Richard Jarvis, CFO
Fiona O'Nolan, Investor
Relations
Matthew Lee, Investor
Relations
|
investors@ladbiblegroup.com
|
|
Zeus
(Nominated Adviser & Broker)
Dan Bate / Nick Cowles (Investment Banking)
Benjamin Robertson (Equity Capital
Markets)
|
Tel: +44 (0) 161 831
1512
www.zeuscapital.co.uk
|
|
Peel
Hunt LLP (Joint Broker)
Neil Patel
Paul Gillam
Kate Bannatyne
|
Tel: +44 (0) 207 418 8990
www.peelhunt.com
|
|
Media Enquiries
Buchanan
Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy
|
Tel: +44 (0) 20 7466 5000
www.buchanancomms.co.uk
|
Notes to editors
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.