REG - LBG Media PLC - Result of AGM

LBG MediaAnnouncement

Today 17:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260319:nRSS3867Xa&default-theme=true

RNS Number : 3867X  LBG Media PLC  19 March 2026

19 March 2026

LBG Media plc

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

 

Result of 2026 Annual General Meeting

 

LBG Media plc, whose purpose is to entertain and delight young adults, making
them laugh, think and act, announces that all of the resolutions set out in
the Notice of AGM were passed by the requisite majority at the Company's AGM,
held earlier today.

Details of the proxy votes received by the Company are as follows:

                                                                                 For                    Against              Total Votes           Withheld
                                                                                 No. of votes   %       No. of votes  %      No. of votes  %       No. of votes
 1.     To receive the Annual Report and Accounts                                176,873,603    95.40%  8,532,886     4.60%  185,406,489   88.68   853
 2.     To re-elect Dave Wilson as a director                                    174,283,286    94.00%  11,124,056    6.00%  185,407,342   88.68   -
 3.     To re-elect Alexander Solomou (Solly) as a director                      185,407,333    99.99%  9             0.01%  185,407,342   88.68   -
 4.     To re-elect Alexandra Jarvis as a director                               185,407,333    99.99%  9             0.01%  185,407,342   88.68   -
 5.     To re-elect Carol Kane as a director                                     177,678,904    95.83%  7,728,438     4.17%  185,407,342   88.68   -
 6.     To re-elect Harry Stebbings as a director                                185,395,041    99.99%  12,301        0.01%  185,407,342   88.68   -
 7.     To re-appoint BDO LLP as auditors                                        185,406,357    99.99%  985           0.01%  185,407,342   88.68   -
 8.     To authorise the audit committee to determine auditor's                  185,407,333    99.99%  9             0.00%  185,407,342   88.68   -
 remuneration
 9.     To authorise the directors to allot relevant securities                  177,678,904    95.83%  7,728,438     4.17%  185,407,342   88.68   -
 10.   To authorise the directors to allot equity securities for cash without    177,678,908    95.83%  7,728,434     4.17%  185,407,342   88.68   -
 making a pre-emptive offer to shareholders*
 11.   To authorise the directors to allot equity securities for cash in         177,655,488    95.82%  7,751,854     4.18%  185,407,342   88.68   -
 relation to an acquisition or other capital investment*
 12.   To authorise the Company to make market purchases of its own ordinary     185,407,328    99.99%  14            0.01%  185,407,342   88.68   -
 shares*

 

*Special resolution

Notes:

 1.  Proxy appointments, which gave discretion to the Chairman of the AGM, have
     been included in the "For" total for the appropriate resolution.
 2.  Votes "For" and "Against" any resolution are expressed as a percentage of
     votes validly cast for that resolution.
 3.  A "Vote withheld" is not a vote in law and is not counted in the calculation
     of the percentage of shares voted "For" or "Against".
 4.  The number of shares in issue on 19 March 2026 was 209,079,740 with no shares
     in treasury.
 5.  The full text of the resolutions passed at the AGM can be found in the Notice
     of Annual General Meeting, which is available on the Company's website at
     www.lbgmedia.co.uk (http://www.lbgmedia.co.uk) .

For further information, please contact:

 

 LBG Media plc                                    investors@ladbiblegroup.com (mailto:investors@ladbiblegroup.com)

 Solly Solomou, Chief Executive Officer

 Darren Singer, Chief Financial Officer
 Zeus (Nominated Adviser & Sole Broker)           Tel: +44 (0) 161 831 1512

 Dan Bate / Kieran Russell (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 (http://www.peelhunt.com)

 Benjamin Cryer

 Kate Bannatyne

 Alice Lane
 Media enquiries:                                 Tel: +44 (0) 203 727 1000

 FTI Consulting LLP                               LBGmedia@fticonsulting.com (mailto:LBGmedia@fticonsulting.com)

 Jamie Ricketts / Kwaku Aning / Jemima Gurney

 

Notes to editors

LBG Media entertains and delights young adults, making them laugh, think and
act. We do this by producing and distributing digital content such as videos,
editorial, images and audio through our brands, such as LADbible, UNILAD,
Betches and SPORTbible, which are dedicated to distinct popular interests.

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.

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 - 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.

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGBRGDXDXBDGLC



            Copyright 2019 Regulatory News Service, all rights reserved