News
Director/PDMR Shareholding
18 February 2025
LBG Media plc, the global digital entertainment business with a focus on young adults, announces that it has been notified that Alexander (Solly) Solomou, Chief Executive Officer, has purchased 22,209 ordinary shares of £0.001 each ("Shares") at a price of 112.0 pence per Share in the name of Solo Investments Holdings Limited (formally LAD Investments Limited), a company of which Solly is a director and the sole shareholder.
Following this purchase, Solly is beneficially interested in 87,042,137 Shares, representing 41.63% of the issued share capital of the Company, with 82,391,080 shares held within Solo Investments Holdings Limited and 4,651,057 shares held in his own name.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provides further detail.
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
| Chair 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 £0.001 each in the Company | ||||
Identification code | ISIN: GB00BKPH9R58 | |||||
b)
| Nature of the transaction
| Purchase of Shares | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information | N/A - Single transaction | ||||
e) | Date of transaction | 17 February 2025 | ||||
f) | Place of transaction | London Stock Exchange, AIM | ||||
For further information please contact:
LBG Media plc Solly Solomou, Chief Executive Officer Dave Wilson, Executive Chair Matthew Lee, Investor Relations | |
Zeus (Nominated Adviser & Sole 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 Benjamin Cryer Alice Lane Kate Bannatyne | Tel: +44 (0) 207 418 8990 |
Media enquiries: FTI Consulting LLP Jamie Ricketts / Kwaku Aning / Jemima Gurney | Tel: +44 (0) 20 3727 1000 |