REG - LBG Media PLC - Director/PDMR Shareholding

LBG MediaAnnouncement

09/11/2022 07:00

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RNS Number : 7476F  LBG Media PLC  09 November 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 900,000* ordinary shares of £0.001
each ("Shares") at a price of 51 pence per Share.

 

Following this transaction, Solly is beneficially interested in 86,627,999
Shares, representing 41.97 per cent. of the Company's issued share capital.

 

* 400,000 Shares were acquired in Solly's own name, and 500,000 Shares were
acquired in the name of LAD Investments Limited, a company which is wholly
owned by Solly.

 

For further information please contact:

 LBG Media plc                                              Via Buchanan

 Solly Solomou, Co-founder & CEO

 Arian Kalantari, Co-founder & COO

 Tim Croston, CFO
 Zeus (Nominated Adviser & Sole 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)
 Media enquiries:                                           Tel: +44 (0) 20 7466 5000

 Buchanan                                                   www.buchanan.uk.com (http://www.buchanan.uk.com/)

 Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy

 

 

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)  Alexander Solomou

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

 c)   Price(s) and volume(s)

Price per Share       Volume
                                                                   (a)  51 pence (GBP)   400,000
                                                                   (b)  51 pence (GBP)   500,000

 
 d)   Aggregated Information                                       Price per Share  Volume

                                                            51 pence (GBP)   900,000

      Volume

      Price
 e)   Date of transaction                                          8 November 2022
 f)   Place of transaction                                         London Stock Exchange, AIM

 

d)

Aggregated Information

 

Volume

 

Price

 Price per Share  Volume
 51 pence (GBP)   900,000

e)

Date of transaction

8 November 2022

f)

Place of transaction

London Stock Exchange, AIM

 

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