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REG - LBG Media PLC - Appointment of Chief Financial Officer

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RNS Number : 3977V  LBG Media PLC  05 March 2026

5 March 2026

 

LBG Media plc

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

Appointment of Chief Financial Officer

 

LBG Media plc, a social entertainment powerhouse with a focus on young adults,
is pleased to announce that, following a comprehensive search process, Darren
Singer has been appointed as Chief Financial Officer ("CFO"). Darren will join
the Board of Directors and take up his role on Monday 9 March 2026.

Darren is an experienced financial executive with a strong track record across
digital media, advertising and technology-enabled businesses. He brings
significant operational and financial expertise to LBG Media across the
strategy, M&A, risk, audit and legal functions.

Darren's most recent role was as CFO at Inspired Thinking Group ("ITG"), a
technology-enabled marketing services and software business. Working closely
with the founder CEO, he supported the business during a period of significant
international expansion, playing a key role in developing and executing
strategies to scale the business globally and further enhance its
technology-led offering.

Previously, Darren was CFO of Global Media & Entertainment Group
("Global") from November 2015, partnering with the executive team as the
business evolved into a more diversified, digitally enabled media group.
Earlier in his career, he held senior finance roles at Guardian Media Group,
GroupM (now WPP Media) and Sky Group, gaining extensive experience operating
at scale within complex, multinational environments.

Dave Wilson, who has served as Executive Chair with a particular focus on
supporting the finance, legal and investor relations teams of LBG Media since
January 2025, will return to his non-executive Chair role, and will oversee a
smooth transition of responsibilities.

Solly Solomou, CEO and Founder of LBG Media, said: "We are pleased to welcome
Darren to the Board at an important stage in our growth. Darren brings
significant experience of operating at scale across a range of digital media
and technology businesses and his financial and operational expertise will be
a valuable addition to the leadership team as we continue to develop and
execute our growth strategy. I would also like to thank Dave Wilson for his
contribution. The Company is well positioned for the next phase of growth and
we look forward to working with Darren as part of a strengthened leadership
team, as we continue to deliver on our ambition to become the leading social
entertainment powerhouse."

Darren Singer, Incoming CFO added: "I am excited to be joining LBG Media at
such a pivotal point in its journey. The Group has built a distinctive digital
entertainment platform with strong audience engagement and a clear opportunity
for further development. Over the past three decades in media, I have seen
first-hand the structural shift towards digital-first formats, a trend that
will continue to accelerate. As a business born in the digital era and
operating at the forefront of entertainment, LBG Media is extremely
well-placed to capitalise on this evolution. I look forward to working with
the Board and management team to support the next phase of the Company's
journey."

The following information is disclosed pursuant to Rule 17 of the AIM Rules
for Companies in relation to Darren David Singer, aged 57:

 

Darren 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)

 Acorn Manor Limited                        Picasso Midco 1 Limited

 Global Academy UTC Trust Limited           Picasso Midco 2 Limited

 Global Academy Trading Limited             Intrepia Ltd

 Excellence In Education Trust              Inspired Thinking Group (ITG) Limited

                                            Inspired Thinking Group Holdings Limited

                                            Picasso Bidco Limited

                                            Picasso Topco Limited

                                            Global Outdoor Media Holdings Limited

                                            Global Radio Holdings Limited

                                            Global Media & Entertainment Limited

                                            Global Radio UK Limited

                                            Global Entertainment Rights Limited

                                            Global Entertainment And Talent Limited

                                            Global Entertainment And Talent Group Limited

                                            Global Talent Music Recordings Limited

                                            Global Talent Records Limited

                                            Global Talent Music Limited

                                            Global Talent Management Limited

                                            Global Talent TV Limited

                                            Captivate Audio Ltd

                                            Quidem Limited

                                            Banbury Broadcasting Company Ltd

                                            Sideindex Limited

                                            Touch Warwick Limited

                                            The New 102 Limited

                                            Touch Broadcasting Limited

                                            Centre Broadcasting Limited

                                            Rugby Broadcasting Company Limited

                                            Quidem Midlands Limited

                                            Exterion Media Holdings Limited

                                            Exterion Group Holdings Limited

                                            Doubleplay Iii Limited

                                            Exterion Limited

                                            Exterion Leasing (BDA) Limited

                                            Doubleplay Ii Limited

                                            Maxx Outdoor Ltd

                                            Falcon Outdoor (North) Limited

                                            Global Outdoor Media Limited

                                            Doubleplay I Limited

                                            Exterion Leasing (UK) Limited

                                            Exterion Holdings (UK) Limited

                                            Global Media Ip Limited

                                            Global LP Holdings Limited

                                            Primesight Limited

                                            Primesight Billboards Limited

                                            Bell Intermediate Limited

                                            Primesight Airports Limited

                                            Bell Bidco Limited

                                            Outdoor Plus Limited

                                            Lite Spaces Limited

                                            Project Iconic Bidco Limited

                                            Project Iconic Holdings Limited

                                            Project Iconic Midco Limited

                                            Deltrack Limited

                                            Lancashire Broadcasting Company Limited

                                            Digital Audio Exchange Limited

                                            We The Unicorns Limited

                                            Pop Buzz Limited

                                            Global Live Limited

                                            Global Charities (Trading) Limited

                                            Eg Digital Limited.

                                            C. E. Digital Limited

                                            The Digital Radio Group (London) Limited

                                            Radio Trent Limited

                                            Galaxy Radio Yorkshire Limited

                                            Radio South Limited

                                            LBC 1152 Limited

                                            Thamesquote Limited

                                            Beat Fm Limited

                                            Invicta Concerts And Promotions Limited

                                            Neal Street Blues Limited

                                            Smooth Radio Scotland Limited

                                            Expressway Limited

                                            Capital Xtra Limited

                                            Ram Fm Limited

                                            GWR Group Limited

                                            GWR (Trustee Company) Limited

                                            Heart TV Limited

                                            Storm (GWR) Limited

                                            Thames Valley Broadcasting Group Limited

                                            Smooth Digital Radio Limited

                                            Plymouth Sound Limited

                                            Global Radio Services Limited

                                            Capital Radio Restaurants Limited

                                            My Kinda Bath Limited

                                            LBC Radio Limited

                                            Southern Radio Group Limited

                                            Essex Radio Limited

                                            Galaxy Radio Birmingham Limited

                                            Tainside Limited

                                            Wiltshire Radio Limited

                                            Smooth Radio London Limited

                                            GWR International Limited

                                            Orchard Media Limited

                                            Hopstar Limited

                                            Gcap Media (FPRL) Limited

                                            Exterion Media (UK) Limited

                                            Core Digital Radio Limited

                                            Capital Radio Restaurants Group Limited

                                            Global Radio Hampshire Limited

                                            Galaxy Radio Limited

                                            Capital Gold Manchester Limited

                                            Radio Broadland Limited

                                            Juice Holdco Limited

                                            Radio Mercury Limited

                                            Real And Smooth Limited

                                            Two Counties Radio Limited

                                            Heart 106 Fm Limited

                                            Global Radio Northwest Limited

                                            Gcap Media Limited

                                            Global Media Ventures Limited

                                            Global Radio London Limited

                                            Chiltern Radio Limited

                                            Cotswold Broadcasting Company Limited

                                            Devonair Radio Limited

                                            Global Radio Publishing Limited

                                            Global Media Group Services Limited

                                            T. S. Holdings Limited

                                            GWR Radio (South East) Limited

                                            GWR Radio Limited

                                            Suffolk Group Radio Limited

                                            Oval (709) Limited

                                            Official Big Top 40 Limited

                                            Capital Radio Trustee Limited

                                            Castleform Limited

                                            Classic Fm Limited

                                            This Is Global Limited

                                            Heart Radio Limited

                                            GWR (West) Limited

                                            Smooth Radio West Midlands Limited

                                            GWR International Investments Limited

                                            The Storm (Digital Radio) Limited

                                            Capital Radio Telstar Entertainment Direct Limited

                                            My Kinda Square Limited

                                            Ecast Ventures Limited

                                            Capital Radio (London) Limited

                                            Cheerdale Limited

                                            Leicester Sound Limited

                                            Choice Fm North London Limited

                                            DG Radio Services Limited

                                            Digital News Network Limited

                                            Real Radio (Scotland) Limited

                                            Prock Licence (NTLRSL) Limited

                                            The Digital Radio Group Limited

                                            The Digital Radio Group (Investments) Limited

                                            Global Radio Limited

                                            Galaxy Radio Manchester Limited

                                            Westward Radio Limited

                                            XFM Manchester Limited

                                            Rock Radio Limited

                                            Radio Orwell Limited

                                            Global Radio Acquisitions Limited

                                            Saxon Radio Limited

                                            XFM Limited

                                            Thames Valley Broadcasting Limited

                                            GWR (Local Area) Limited

                                            Southern Radio Limited

                                            Storm Broadcasting Limited

                                            Capital Gold Hampshire Limited

                                            Capital Radio Limited

                                            Mid Anglia Radio Limited

                                            Champion FM Limited

                                            Orchard FM Limited

                                            Global Radio Media Management Limited

                                            East Anglian Radio Limited

                                            Central European Broadcasting Limited

                                            Healthbuild Limited

                                            Global Radio Digital Limited

                                            Northamptonshire Broadcasting Company Limited (The)

                                            GMG Radio Limited

                                            Welovelocal.Com Limited

                                            Choice Fm London Limited

                                            GCAP Media (Crud) Limited

                                            Real Radio (North West) Limited

                                            Harlow F.M. Limited

                                            Hereward Radio Limited

                                            Real Radio (North East) Limited

                                            Real Radio Limited

                                            Global Radio Midlands Limited

                                            Galaxy Radio North East Limited

                                            My Kinda Shacks Limited

                                            Radio Invicta Limited

                                            Marcher Radio Group Limited

                                            Capital Radio Investments Limited

                                            West Country Broadcasting Limited

                                            Jams Of London Limited

                                            Ocean FM Limited

                                            Global Land Limited

                                            GWR East Holdings Limited

                                            Global Radio (AM) Limited

                                            Chill Radio Limited

                                            South Hams Radio Limited

                                            Lantern Radio Limited

                                            Hit 40 UK Limited

                                            Wirral FM Limited

                                            Global Music Television Limited

                                            Atlantic Broadcasting Limited

                                            First Oxfordshire Radio Company Limited

                                            Capital Television Limited

                                            GCAP Media (The Jazz) Limited

                                            Smooth Radio Investments Limited

                                            Gemini Radio Limited

                                            Power Fm Limited

                                            Cambridge And Newmarket FM Radio Limited

                                            Primesight Intermediate Holdco Limited

                                            Continental Angel Limited

                                            Prestfold Limited

                                            The Milton Keynes Broadcasting Company Limited

                                            GWR Hungary (Investments) Limited

                                            Primesight Communications Limited

                                            Primesight Airport Advertising Limited

                                            Arrow Digital Limited

                                            Riviera Radio Limited

                                            Capital Gold Sussex Limited

                                            Investors In Radio Limited

                                            Vibe Fm Ltd.

                                            Mwah MWAH Limited

                                            Buzz Fm Limited

                                            Capital (CDWM) Limited

                                            Capital Interactive Limited

                                            Scott Place 1003 Limited

                                            Capital Online Limited

                                            Livetime Limited

                                            Scott Place 1002 Limited

                                            Deansgate 1001 Ltd.

                                            Westward Television Limited

                                            Buzz Top Limited

                                            Global Talent And Entertainment Limited

                                            Global Talent (Group) Limited

                                            IL Realisations Limited(1)

 

(1)Darren was a director of IL Realisations Limited during his tenure at
Global. IL Realisations Limited was a joint venture between Primesight Limited
and Intersection London Limited and was acquired by Global in September 2018.

Following a deterioration in trading performance and a subsequent strategic
review, the company was unable to meet its financial obligations. An
administrator was appointed in November 2019 and subsequently entered
liquidation in March 2022. The estimated deficiency to creditors was
approximately £11.7 million, with the business and certain assets sold to BT
Telecommunications plc.

 

Darren Singer 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                             via FTI Consulting
 Dave Wilson, Executive Chair

 FTI Consulting LLP - Media Enquiries                        +44 (0)20 3727 1000
 Jamie Ricketts / Kwaku Aning / Jemima Gurney                lbgmedia@fticonsulting.com

 Zeus (Nominated Adviser & Broker)                           +44 (0)16 1831 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)                                +44 (0)20 7418 8990
 Neil Patel / Benjamin Cryer / Kate Bannatyne / Alice Lane   www.peelhunt.com (http://www.peelhunt.com/)

 

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).

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.   END  BOAUSORRNUUORUR



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