News

2024

Exercise of Options, Director Dealings and TVR

04 January 2024

LBG Media plc, the owner of the global leader in youth publishing LADbible Group, announces that the Company has allotted and issued 2,459,098 new ordinary shares of £0.001 each ("Ordinary Shares") in the Company (the "Option Shares") pursuant to the exercise of options ("Options") that were awarded to certain Directors prior to the IPO of the Company in 2021 (the "Pre IPO Awards").

The Pre-IPO Awards were one-off awards which vested and became exercisable on the second anniversary of the Company's admission to AIM, conditional on the award holder continuing to serve as a Non-Executive Director at that time. Full details of the Pre IPO Awards were documented in the Admission Document dated 07 December 2021. The Options were exercised by David Wilson (Non-Executive Chairman) and Carol Kane (Non-Executive Director) (together the "Share Option Participants").  Details in relation to the Option Shares issued to the Share Option Participants are contained in the table below.

The Share Option Participants have sold, in aggregate, 1,350,628 Option Shares at a price of approximately 78.4 pence per Option Share, in order to finance the cost of exercising the Options, the resulting income tax and National Insurance liabilities.

Following the exercise of Options and the sale of Option Shares, a total of 1,506,514 Ordinary Shares, are held by the Share Option Participants representing an increase in aggregate holdings from 0.19% to 0.72% of the issued share capital of the Company. 

The table below details their interests in the share capital of the Company:

Director

Position

Ordinary Shares held previously

% of total issued share capital

Number of Ordinary Shares over which Options exercised

Number of Ordinary Shares sold

Resulting total number of Ordinary Shares held

% of enlarged issued share capital

David Wilson

Non Executive Chairman

398,044

0.19%

1,030,527

566,004

862,567

0.41%

Carol Kane

Non Executive Director

Nil

Nil

1,428,571

784,624

643,947

0.31%

TOTAL

 

398,044

0.19%

2,459,098

1,350,628

1,506,514

0.72%


Admission and Total Voting Rights 

Application has been made for the 2,459,098 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission and dealings in those shares will commence at 8.00 a.m. on 08 January 2024.

The Company advises that, immediately following Admission, there will be 209,079,740 Ordinary Shares in issue, with one voting right each. The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights will therefore be 209,079,740. Accordingly, this number should 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

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 and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Wilson

2

Reason for the notification

a)

Position/status

Non Executive Chairman

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Carol Kane

2

Reason for the notification

a)

Position/status

Non Executive Director

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information please contact:

LBG Media plc

Solly Solomou, Chief Executive Officer

Richard Jarvis, Chief Financial Officer

Via Buchanan

Zeus (Nominated Adviser & Joint Broker)

Dan Bate / Nick Cowles (Investment Banking)

Benjamin Robertson (Equity Capital Markets)

Tel: +44 (0) 161 831 1512

www.zeuscapital.co.uk

Peel Hunt LLP (Joint Broker)

Neil Patel

Paul Gillam

Richard Chambers

Tel: +44 (0) 207 418 8990
www.peelhunt.com

Media enquiries:

Buchanan

Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy

Tel: +44 (0) 20 7466 5000

www.buchanan.uk.com


2023

Exercise of Options, Director Dealings and TVR

04 January 2024

LBG Media plc, the owner of the global leader in youth publishing LADbible Group, announces that the Company has allotted and issued 2,459,098 new ordinary shares of £0.001 each ("Ordinary Shares") in the Company (the "Option Shares") pursuant to the exercise of options ("Options") that were awarded to certain Directors prior to the IPO of the Company in 2021 (the "Pre IPO Awards").

The Pre-IPO Awards were one-off awards which vested and became exercisable on the second anniversary of the Company's admission to AIM, conditional on the award holder continuing to serve as a Non-Executive Director at that time. Full details of the Pre IPO Awards were documented in the Admission Document dated 07 December 2021. The Options were exercised by David Wilson (Non-Executive Chairman) and Carol Kane (Non-Executive Director) (together the "Share Option Participants").  Details in relation to the Option Shares issued to the Share Option Participants are contained in the table below.

The Share Option Participants have sold, in aggregate, 1,350,628 Option Shares at a price of approximately 78.4 pence per Option Share, in order to finance the cost of exercising the Options, the resulting income tax and National Insurance liabilities.

Following the exercise of Options and the sale of Option Shares, a total of 1,506,514 Ordinary Shares, are held by the Share Option Participants representing an increase in aggregate holdings from 0.19% to 0.72% of the issued share capital of the Company. 

The table below details their interests in the share capital of the Company:

Director

Position

Ordinary Shares held previously

% of total issued share capital

Number of Ordinary Shares over which Options exercised

Number of Ordinary Shares sold

Resulting total number of Ordinary Shares held

% of enlarged issued share capital

David Wilson

Non Executive Chairman

398,044

0.19%

1,030,527

566,004

862,567

0.41%

Carol Kane

Non Executive Director

Nil

Nil

1,428,571

784,624

643,947

0.31%

TOTAL

 

398,044

0.19%

2,459,098

1,350,628

1,506,514

0.72%


Admission and Total Voting Rights 

Application has been made for the 2,459,098 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission and dealings in those shares will commence at 8.00 a.m. on 08 January 2024.

The Company advises that, immediately following Admission, there will be 209,079,740 Ordinary Shares in issue, with one voting right each. The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights will therefore be 209,079,740. Accordingly, this number should 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

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 and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Wilson

2

Reason for the notification

a)

Position/status

Non Executive Chairman

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Carol Kane

2

Reason for the notification

a)

Position/status

Non Executive Director

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information please contact:

LBG Media plc

Solly Solomou, Chief Executive Officer

Richard Jarvis, Chief Financial Officer

Via Buchanan

Zeus (Nominated Adviser & Joint Broker)

Dan Bate / Nick Cowles (Investment Banking)

Benjamin Robertson (Equity Capital Markets)

Tel: +44 (0) 161 831 1512

www.zeuscapital.co.uk

Peel Hunt LLP (Joint Broker)

Neil Patel

Paul Gillam

Richard Chambers

Tel: +44 (0) 207 418 8990
www.peelhunt.com

Media enquiries:

Buchanan

Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy

Tel: +44 (0) 20 7466 5000

www.buchanan.uk.com


2022

Exercise of Options, Director Dealings and TVR

04 January 2024

LBG Media plc, the owner of the global leader in youth publishing LADbible Group, announces that the Company has allotted and issued 2,459,098 new ordinary shares of £0.001 each ("Ordinary Shares") in the Company (the "Option Shares") pursuant to the exercise of options ("Options") that were awarded to certain Directors prior to the IPO of the Company in 2021 (the "Pre IPO Awards").

The Pre-IPO Awards were one-off awards which vested and became exercisable on the second anniversary of the Company's admission to AIM, conditional on the award holder continuing to serve as a Non-Executive Director at that time. Full details of the Pre IPO Awards were documented in the Admission Document dated 07 December 2021. The Options were exercised by David Wilson (Non-Executive Chairman) and Carol Kane (Non-Executive Director) (together the "Share Option Participants").  Details in relation to the Option Shares issued to the Share Option Participants are contained in the table below.

The Share Option Participants have sold, in aggregate, 1,350,628 Option Shares at a price of approximately 78.4 pence per Option Share, in order to finance the cost of exercising the Options, the resulting income tax and National Insurance liabilities.

Following the exercise of Options and the sale of Option Shares, a total of 1,506,514 Ordinary Shares, are held by the Share Option Participants representing an increase in aggregate holdings from 0.19% to 0.72% of the issued share capital of the Company. 

The table below details their interests in the share capital of the Company:

Director

Position

Ordinary Shares held previously

% of total issued share capital

Number of Ordinary Shares over which Options exercised

Number of Ordinary Shares sold

Resulting total number of Ordinary Shares held

% of enlarged issued share capital

David Wilson

Non Executive Chairman

398,044

0.19%

1,030,527

566,004

862,567

0.41%

Carol Kane

Non Executive Director

Nil

Nil

1,428,571

784,624

643,947

0.31%

TOTAL

 

398,044

0.19%

2,459,098

1,350,628

1,506,514

0.72%


Admission and Total Voting Rights 

Application has been made for the 2,459,098 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission and dealings in those shares will commence at 8.00 a.m. on 08 January 2024.

The Company advises that, immediately following Admission, there will be 209,079,740 Ordinary Shares in issue, with one voting right each. The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights will therefore be 209,079,740. Accordingly, this number should 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

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 and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Wilson

2

Reason for the notification

a)

Position/status

Non Executive Chairman

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Carol Kane

2

Reason for the notification

a)

Position/status

Non Executive Director

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information please contact:

LBG Media plc

Solly Solomou, Chief Executive Officer

Richard Jarvis, Chief Financial Officer

Via Buchanan

Zeus (Nominated Adviser & Joint Broker)

Dan Bate / Nick Cowles (Investment Banking)

Benjamin Robertson (Equity Capital Markets)

Tel: +44 (0) 161 831 1512

www.zeuscapital.co.uk

Peel Hunt LLP (Joint Broker)

Neil Patel

Paul Gillam

Richard Chambers

Tel: +44 (0) 207 418 8990
www.peelhunt.com

Media enquiries:

Buchanan

Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy

Tel: +44 (0) 20 7466 5000

www.buchanan.uk.com


2021

Exercise of Options, Director Dealings and TVR

04 January 2024

LBG Media plc, the owner of the global leader in youth publishing LADbible Group, announces that the Company has allotted and issued 2,459,098 new ordinary shares of £0.001 each ("Ordinary Shares") in the Company (the "Option Shares") pursuant to the exercise of options ("Options") that were awarded to certain Directors prior to the IPO of the Company in 2021 (the "Pre IPO Awards").

The Pre-IPO Awards were one-off awards which vested and became exercisable on the second anniversary of the Company's admission to AIM, conditional on the award holder continuing to serve as a Non-Executive Director at that time. Full details of the Pre IPO Awards were documented in the Admission Document dated 07 December 2021. The Options were exercised by David Wilson (Non-Executive Chairman) and Carol Kane (Non-Executive Director) (together the "Share Option Participants").  Details in relation to the Option Shares issued to the Share Option Participants are contained in the table below.

The Share Option Participants have sold, in aggregate, 1,350,628 Option Shares at a price of approximately 78.4 pence per Option Share, in order to finance the cost of exercising the Options, the resulting income tax and National Insurance liabilities.

Following the exercise of Options and the sale of Option Shares, a total of 1,506,514 Ordinary Shares, are held by the Share Option Participants representing an increase in aggregate holdings from 0.19% to 0.72% of the issued share capital of the Company. 

The table below details their interests in the share capital of the Company:

Director

Position

Ordinary Shares held previously

% of total issued share capital

Number of Ordinary Shares over which Options exercised

Number of Ordinary Shares sold

Resulting total number of Ordinary Shares held

% of enlarged issued share capital

David Wilson

Non Executive Chairman

398,044

0.19%

1,030,527

566,004

862,567

0.41%

Carol Kane

Non Executive Director

Nil

Nil

1,428,571

784,624

643,947

0.31%

TOTAL

 

398,044

0.19%

2,459,098

1,350,628

1,506,514

0.72%


Admission and Total Voting Rights 

Application has been made for the 2,459,098 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission and dealings in those shares will commence at 8.00 a.m. on 08 January 2024.

The Company advises that, immediately following Admission, there will be 209,079,740 Ordinary Shares in issue, with one voting right each. The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights will therefore be 209,079,740. Accordingly, this number should 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

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 and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Wilson

2

Reason for the notification

a)

Position/status

Non Executive Chairman

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,030,527

566,004


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 


1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Carol Kane

2

Reason for the notification

a)

Position/status

Non Executive Director

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

Identification code

Ordinary shares of £0.001 each in the Company

ISIN: GB00BKPH9R58

b)

Nature of the transaction

(i)            Exercise of options 

(ii)           Sale of Ordinary shares 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

(i)            £0.001

(ii)           £0.784447

1,428,571

784,624


e)

Date of the transaction

03 January 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information please contact:

LBG Media plc

Solly Solomou, Chief Executive Officer

Richard Jarvis, Chief Financial Officer

Via Buchanan

Zeus (Nominated Adviser & Joint Broker)

Dan Bate / Nick Cowles (Investment Banking)

Benjamin Robertson (Equity Capital Markets)

Tel: +44 (0) 161 831 1512

www.zeuscapital.co.uk

Peel Hunt LLP (Joint Broker)

Neil Patel

Paul Gillam

Richard Chambers

Tel: +44 (0) 207 418 8990
www.peelhunt.com

Media enquiries:

Buchanan

Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy

Tel: +44 (0) 20 7466 5000

www.buchanan.uk.com


Latest Investor News

Share Price

-
GBp
-
-
-

Important Dates

18 Apr
Preliminary Results