RNS Number : 6922K
LBG Media PLC
23 December 2022
 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

 

LBG Media plc

("LBG Media" or the "Company")

Director/PDMR Shareholding

 

LBG Media plc (AIM: LBG), the UK-based multi-brand, multi-channel digital youth publisher, announces that it has been notified that Alexander (Solly) Solomou, Chief Executive Officer, bought 50,000 ordinary shares of £0.001 each ("Shares") at a price of £1.00 per Share in the name of LAD Investments Limited, a company which is wholly owned by Solly. 

 

Following this transaction, Solly is beneficially interested in 86,677,999 Shares, representing 41.99per cent. of the Company's issued share capital.

 

 

For further information please contact:

LBG Media plc

Solly Solomou, Co-founder & CEO

Arian Kalantari, Co-founder & COO

Tim Croston, CFO

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

Media enquiries:

Buchanan

Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy

Tel: +44 (0) 20 7466 5000

www.buchanan.uk.com

 

 

Notification of Dealing Form:

 

1

 

Details of the person discharging managerial responsibilities / person closely associate

a)

 

Name

 

Alexander Solomou

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

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 0.1 pence each in the Company ("Shares")

Identification code

ISIN: GB00BKPH9R58



b)

 

Nature of the transaction

 

 

Purchase of shares by:

 

(a)  LAD Investments Limited (wholly owned by Alexander Solomou)

 

c)

 

Price(s) and volume(s)

 

Price per Share

Volume

(a)  100 pence (GBP)

50,000

 

d)

Aggregated Information

 

Volume

 

Price

n/a single transaction

e)

Date of transaction

22 December 2022

f)

Place of transaction

London Stock Exchange, AIM

 

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