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
|
For
further information please contact:
|
LBG
Media plc
Solly Solomou, Chief Executive
Officer
Richard Jarvis, Chief Financial
Officer
Mark Mochalski, Investor
Relations
Matthew Lee, 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
Benjamin Cryer
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
LBGmedia@buchanan.uk.com
|
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.