REG - LBG Media PLC - Appointment of Non-Executive Director

LBG MediaAnnouncement

28/05/2025 07:00

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RNS Number : 3036K  LBG Media PLC  28 May 2025

28 May 2025

 

LBG Media plc

 

("LBG Media" or the "Group")

 

Appointment of Non-Executive Director

 

LBG Media plc, a social entertainment powerhouse with a focus on young adults,
is pleased to announce the appointment of Harry Stebbings as a Non-Executive
Director, effective 24 May 2025.

 

Harry is a highly regarded investor and media entrepreneur with extensive
business and venture capital experience. As the Founder and Managing Partner
of Twenty VC LLP, a company that operates at the intersection of venture and
media and invests in early-stage startups, he leads the investment strategy
across pre-seed and Series A stages, managing a portfolio backed by $400
million in committed capital. Harry has invested in more than nine companies,
each with an estimated valuation exceeding $1 billion, including Perplexity,
Lovable, Mercor and Tripledot Games.

 

Harry is also the Founder and CEO of The Twenty Minute VC, the world's largest
media asset in venture capital, with over half a million subscribers in 113
countries.

 

Prior to this, he was a General Partner at Stride.VC, a venture capital firm
based in London, dedicated to supporting entrepreneurs from the earliest days
of their journey through to scaling. At Stride.VC, he sat on multiple boards,
including SEDNA Systems, Forward Health and Cord.

 

Executive Chair, Dave Wilson, commented:

 

"We are delighted to welcome Harry to the Board, where he will offer the
business his deep insight into the tech innovation space and knowledge of
driving digital media engagement across various platforms. His exceptional
track record in venture capital and media, combined with his global network
and entrepreneurial insight, will bring significant value as we continue to
execute our growth strategy".

 

 

The following information is disclosed pursuant to Rule 17 of the AIM Rules
for Companies in relation to Harry Alistair Stebbings, aged 28:

 

Harry has held the following directorships in the past five years:

 

 Current directorships and/or partnerships  Former directorships and/or partnerships (within the last five years)

 Twenty Group Operations Ltd                Radical HQ Limited

 20VC Property Limited                      Forward Clinical Limited

 Twenty VC LLP                              Sedna Communications Ltd

 The Twenty Minute VC Limited               Stride.VC LLP

 

 

Harry Stebbings holds no ordinary shares in the Company.

 

Save for the disclosures above, there are no further disclosures to be made in
accordance with Rule 17 and Schedule 2(g) of the AIM Rules.

 

 

For further information please contact:

 

 LBG Media plc
 Solly Solomou, Co-founder & CEO               investors@ladbiblegroup.com
 Dave Wilson, Executive Chair

 Zeus (Nominated Adviser & Broker)             Tel: +44 (0) 161 831 1512
 Dan Bate / Nick Cowles (Investment Banking)   www.zeuscapital.co.uk (http://www.zeuscapital.co.uk/)
 Benjamin Robertson (Equity Capital Markets)

 Peel Hunt LLP (Joint Broker)                  Tel: +44 (0) 207 418 8990
 Neil Patel                                    www.peelhunt.com
 Benjamin Cryer
 Alice Lane
 Kate Bannatyne

 Media Enquiries
 FTI Consulting LLP                            Tel: +44 (0) 203 727 1000
 Jamie Ricketts / Kwaku Aning / Jemima Gurney  lbgmedia@fticonsulting.com (mailto:ladbiblegroup@fticonsulting.com)

 

Notes to editors

 

As a social entertainment powerhouse, we help brands reach young adults on
social media platforms, such as Facebook, Instagram, Snapchat, X, YouTube and
TikTok, and our owned and operated websites.

 

We produce, curate, and distribute digital content that young adults engage
with and want to share, whether through videos, editorials, images, or audio.

 

We do this through brands such as LADbible and Betches and those dedicated to
distinct popular interests (e.g. news, sport, gaming) like SPORTbible and
GAMINGbible.

 

Engagement is at the heart of what we do - which comes through in our two main
revenue streams:

 

a.   We create bespoke content for blue-chip advertisers that gives them
access to a young adult audience that is hard to reach for traditional media
players. This is distributed across social media platforms and our owned and
operated websites. We call this 'Direct' revenue.

 

b.   Third parties - such as social media platforms and programmatic
advertising partners - generate revenue by placing advertising next to our
content. We call this 'Indirect' revenue, and the revenue is shared between
the publisher, which is us, and the social media platform or partner as
applicable.

 

LBG Media is listed on the AIM market of the London Stock Exchange (AIM:
LBG).

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