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 |
Media enquiries: Buchanan Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy |
Tel: +44 (0) 20 7466 5000 |
Notification of Dealing Form:
1
|
Details of the person discharging managerial responsibilities / person closely associate |
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a)
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Name
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Alexander Solomou |
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2
|
Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
|
Initial notification /Amendment |
Initial notification |
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3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
|
Name
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LBG Media plc |
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b)
|
LEI
|
213800MF1QX5EE3RAV98 |
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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
|
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a)
|
Description of the financial instrument, type of instrument
|
Ordinary Shares of 0.1 pence each in the Company ("Shares") |
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Identification code |
ISIN: GB00BKPH9R58 |
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|
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b)
|
Nature of the transaction
|
Purchase of shares by:
(a) Alexander Solomou (b) LAD Investments Limited (wholly owned by Alexander Solomou)
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c)
|
Price(s) and volume(s) |
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d) |
Aggregated Information
Volume
Price |
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e) |
Date of transaction |
8 November 2022 |
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f) |
Place of transaction |
London Stock Exchange, AIM |