REG - LBG Media PLC - Directorate Changes

LBG MediaAnnouncement

13/02/2025 07:00

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RNS Number : 9305W  LBG Media PLC  13 February 2025

       13 February 2025

LBG Media plc

("LBG Media", the "Group" or the "Company")

Directorate changes

 

On 22 January 2025, the Board of LBG Media stated that Chief Financial
Officer, Richard Jarvis, was taking some time away from the business for
personal reasons. The Board now confirms that Richard Jarvis has stepped
down as CFO and has left the business with immediate effect.

As previously announced, Dave Wilson moved into the executive Chair role on
22 January 2025, with a particular focus on supporting the finance and
legal teams. His expertise and oversight will ensure the finance
function continues to operate effectively whilst the Board identify a new
CFO to support the growth ambitions of the Group. Dave has substantial
financial and legal experience from a career that included 14 years as COO,
CFO and Deputy CEO at GB Group plc.

The Board would like to thank Richard for the contributions he has made during
his tenure and wishes him all the best in the future.

The process to identify a new CFO is underway and further announcements will
be made in due course.

Solly Solomou, Group Chief Executive, said:

"I would like to thank Richard for his commitment and support. Richard has led
important initiatives to build the finance and legal functions that will
support our long-term growth ambitions and I wish him well for the future."

 

For further information please contact:

 LBG Media plc

Solly Solomou, Co-founder &

 CEO                                                                                                                                               investors@ladbiblegroup.com

Richard Jarvis, CFO

Matthew Lee, Investor Relations

 Zeus (Nominated Adviser &
 Broker)

Dan Bate / Nick Cowles (Investment Banking)                                                                                                      Tel: +44 (0) 161 831 1512

Benjamin Robertson (Equity Capital Markets)                                                                                                      www.zeuscapital.co.uk (http://www.zeuscapital.co.uk/)

 Peel Hunt LLP (Joint Broker)
 Neil

 Patel                                                                                                                                             Tel: +44 (0) 207 418 8990
 Benjamin

 Cryer                                                                                                                                             www.peelhunt.com

Alice Lane

 Kate Bannatyne

 Media Enquiries

FTI Consulting

 LLP                                                                                                                                               Tel: +44 (0) 203 727 1000

Jamie Ricketts / Kwaku Aning / Jemima Gurney

                                                                                                                                                   ladbiblegroup@fticonsulting.com (mailto:ladbiblegroup@fticonsulting.com)

 

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