PDMR Dealing Notification
14/03/2022 14:37
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RNS Number : 7100E Digitalbox PLC 14 March 2022
Digitalbox plc
("Digitalbox" or the "Company")
PDMR Dealing Notification
Digitalbox plc (AIM: DBOX), the mobile-first digital media business, announces
that it has received notification that Martin Higginson, a Non-Executive
Director of the Company, has sold and transferred in aggregate, 1,590,936
ordinary shares of £0.01 each ("Ordinary Shares"), following the exercise of
his warrants announced on 18 February 2022 (the "Transaction").
Following the Transaction, Mr Higginson does not hold any Ordinary Shares in
the Company.
The following notifications, made in accordance with the requirements of the
EU Market Abuse Regulation, give further detail on the transfer.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Martin Higginson
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 Digitalbox Plc
b) LEI 213800SZMUM1M5ROGI69
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 £0.01 each
Identification code
GB00BJK9H642
b) Nature of the transaction a) Sale of 750,000 Ordinary Shares in the Company
b) Transfer of 840,936 Ordinary Shares in the Company as a gift
c) Price(s) and volume(s) No. of shares Price
500,000 sold £0.13 sale price
250,000 sold £0.14 sale price
840,936 transferred £0.13 transfer price
d) Aggregated information
- Aggregated volume
- Price 1,590,936
As above
e) Date of the transaction 21 February 2022
f) Place of the transaction a) London Stock Exchange
b) Off Exchange
d)
Aggregated information
- Aggregated volume
- Price
1,590,936
As above
e)
Date of the transaction
21 February 2022
f)
Place of the transaction
a) London Stock Exchange
b) Off Exchange
This announcement contains information which, prior to its disclosure, was
considered inside information for the purposes of the UK Market Abuse
Regulation and the Directors of the Company are responsible for the release of
this announcement.
END
Enquiries:
Digitalbox c/o SEC Newgate
James Carter, CEO
Panmure Gordon Tel: 020 7886 2500
(Nominated Adviser, Financial Adviser & Joint Broker)
Alina Vaskina / James Sinclair-Ford (Corporate Advisory)
Rupert Dearden (Corporate Broking)
Alvarium Capital Partners (Joint Broker) Tel: 020 7195 1400
Alex Davies / Hugh Kingsmill Moore
SEC Newgate (Financial PR) Tel: 020 3757 6880
Robin Tozer / Isabelle Smurfit digitalbox@secnewgate.co.uk
About Digitalbox plc
Based in Bath, UK, Digitalbox is a 'pure-play' digital media business with the
aim of profitable publishing at scale on mobile platforms.
Digitalbox operates three trading brands, "Entertainment Daily", "The Tab" and
"The Daily Mash". Entertainment Daily produces and publishes online UK
entertainment news covering TV, showbiz and celebrity news. The Daily Mash
produces and publishes satirical news content. The Tab is the UK's biggest
youth culture site fuelled by students.
Digitalbox generates revenue from the sale of advertising in and around the
content it publishes. The Group's optimisation for mobile enables it to
achieve revenues per session significantly ahead of market norms for
publishers on mobile.
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