REG - LBG Media PLC - Issue of Shares

LBG MediaAnnouncement

20/01/2022 11:55

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RNS Number : 1259Z  LBG Media PLC  20 January 2022

20 January 2022

LBG Media plc

("LBG Media" or the "Company")

Issue of shares

 

LBG Media plc, the UK-based multi-brand, multi-channel digital youth
publisher, have issued and allotted 708,356 ordinary shares of £0.001 each
("Ordinary Shares") to satisfy certain share entitlements in accordance with
the Company's Share Incentive Plan ("SIP"), an all-employee share ownership
plan outlined in full in the Company's Admission Document, dated 7 December
2021.

 

Total Voting Rights

Application has been made to the London Stock Exchange for the 708,356 new
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will become effective at 8.00 a.m. on 25 January 2022.

 

Following Admission, the total number of Ordinary Shares and voting rights in
the Company will be 206,422,642. There are no Ordinary Shares held in
treasury. This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of the
Company under the FCA's Disclosure and Transparency Rules.

 

 

For further information please contact:

 LBG Media plc                                              Via Buchanan

 Solly Solomou, Co-founder & CEO

 Arian Kalantari, Co-founder & COO

 Tim Croston, CFO

 Zeus Capital Limited                                       Tel: +44 (0) 161 831 1512

 (Nominated Adviser, Sole Bookrunner & Sole Broker)         www.zeuscapital.co.uk (http://www.zeuscapital.co.uk/)

 Dan Bate (Corporate Finance)

 Nick Cowles (Corporate Finance)

 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

 

 

 

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