Last checked at 10 Jul 2019 07:00
10 July 2019
Digitalbox plc
("Digitalbox", "the Company" or "the Group")
Annual General Meeting Statement
Digitalbox plc (AIM: DBOX), the digital media business, will be making the following statement at its AGM today.
At the meeting, James Carter, Chief Executive, Digitalbox, will say:
"Trading in the first half of 2019 has been consistent with expectations for the year as a whole. Our Entertainment Daily platform has continued to deliver excellent levels of audience engagement with its core 30 to 60-year-old female demographic and the size of its unique user base has grown in the first six months of the year.
"The Group's buy and build strategy commenced with the acquisition of The Daily Mash on 5 March 2019. The process of integrating this brand has gone well to date and we have identified new opportunities to scale the brand further beyond the direct website activity. There continues to be a great deal of interest around the BBC2 show the Mash Report that was nominated for a BAFTA this year.
"The market remains rich with opportunity as the team builds the business. Whilst we continue to review possible acquisition targets, we are also exploring new growth opportunities within the existing business."
The statement is available on the Company's website: www.digitalbox.com
Enquiries:
Digitalbox | c/o Newgate Communications |
James Carter, CEO
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WH Ireland (Nomad) | Tel: 0117 945 3470 |
Mike Coe / Chris Savidge
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Leander Capital (Broker) | Tel: 020 7195 1400 |
Alex Davies / Hugh Kingsmill Moore
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Newgate Communications (Financial PR) | Tel: 020 3757 6880; digitalbox@newgatecomms.com |
Robin Tozer / Fiona Norman |