Exercise of Options and Total Voting Rights
06 April 2023
LBG Media plc (AIM: LBG), the UK-based multi-brand, multi-channel digital youth publisher, announces that, on 4 April 2023, it allotted 9,000 new ordinary shares of £0.001 each ("Shares") in the Company following the exercise of options granted under the Company's Long Term Incentive Plan, details of which were disclosed in the Company's Admission Document dated 7 December 2021.
Total Voting Rights
Application has been made to the London Stock Exchange for the 9,000 new Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 12 April 2023.
Following Admission, the total number of Shares and voting rights in the Company will be 206,440,642. There are no 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
Solly Solomou, Co-founder & CEO
Arian Kalantari, Co-founder & COO
Tim Croston, CFO
Zeus (Nominated Adviser & Sole Broker)
Dan Bate / Nick Cowles (Investment Banking)
Benjamin Robertson (Equity Capital Markets)
Tel: +44 (0) 161 831 1512
Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy
Tel: +44 (0) 20 7466 5000