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
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
Solly Solomou, Chief Executive
Officer
Richard Jarvis, Chief Financial
Officer
Mark Mochalski, Investor
Relations
Fiona O'Nolan, Investor
Relations
|
Via
Buchanan
|
|
Zeus (Nominated Adviser & Sole 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
Richard Chambers
|
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.buchanan.uk.com
|
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.