News

Director/PDMR Shareholding

09 November 2022

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

Solly Solomou, Co-founder & CEO

Arian Kalantari, Co-founder & COO

Tim Croston, CFO

Via Buchanan

Zeus (Nominated Adviser & Sole Broker)

Dan Bate / Nick Cowles (Investment Banking)

Benjamin Robertson (Equity Capital Markets)

Tel: +44 (0) 161 831 1512

www.zeuscapital.co.uk

Media enquiries:

Buchanan

Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy

Tel: +44 (0) 20 7466 5000

www.buchanan.uk.com



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

 

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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