News
Director/PDMR Shareholding
17 December 2024
LBG Media plc (AIM: LBG), the UK-based multi-brand, multi-channel digital youth publisher, is pleased to announce that the following Directors/Persons Discharging Managerial Responsibility ("PDMRs") have been granted awards by way of nil cost options ("Options") under the Company's Long Term Incentive Plan (the "LTIP" or the "Plan"). The Awards entitle the PDMRs to acquire ordinary shares of £0.001 each in the Company ("Shares") up to the maximum number set out below, subject to the satisfaction of stretching performance conditions measured over a three year performance period and continued employment.
Name of PDMR | Title | Number of Shares |
Alexander "Solly" Solomou | CEO | 216,129 |
Richard Jarvis | CFO | 193,548 |
Set out below are the notifications made in accordance with Article 19 of the UK Market Abuse Regulation.
For further information please contact:
LBG Media plc Solly Solomou, Chief Executive Officer Richard Jarvis, Chief Financial Officer Mark Mochalski, Investor Relations Fiona O'Nolan, Investor Relations | |
Zeus Capital Limited (Nominated Adviser & Broker) Dan Bate / Nick Cowles (Investment Banking) Benjamin Robertson (Equity Capital Markets) | Tel: +44 (0) 161 831 1512 |
Peel Hunt LLP (Joint Broker) Neil Patel Paul Gillam Richard Chambers | Tel: +44 (0) 207 418 8990 |
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 | |||||
a)
| Name
| Alexander Solomou | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| CEO | ||||
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
| Grant of awards over Shares under the LBG Media plc Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price | n/a single transaction
| ||||
e) | Date of transaction | 16 December 2024 | ||||
f) | Place of transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associate | |||||
a)
| Name
| Richard Jarvis | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CFO | ||||
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
| Grant of awards over Shares under the LBG Media plc Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price | n/a single transaction
| ||||
e) | Date of transaction | 16 December 2024 | ||||
f) | Place of transaction | Outside a trading venue | ||||
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