Digitalbox Regulatory News (DBOX)

25 October 2024

Digitalbox plc

("Digitalbox" or the "Company" or the "Group")

Directorate Change

Appointment of Independent Non-Executive Director

 and proposed appointment of an additional Non-Executive Director

The Board of Digitalbox plc, the mobile-first digital media business, which owns leading websites Entertainment Daily, The Daily Mash, The Poke, The Tab and TV Guide, is pleased to announce the appointment of Claire Blunt as an independent Non-Executive Director, with immediate effect. Claire will join the Audit and Nomination Committees and become Chair of the Remuneration Committee.

Claire brings a wealth of operational digital and PLC experience from her senior roles at leading companies in the media industry. She was the Chief Operating Officer of Future plc, a FTSE 250 global platform for specialist media businesses. Prior to that she was the Chief Advertising Officer and CEO, International for the Guardian Media Group, having worked previously for almost six years in Hearst Corporation's UK & European business, latterly as Chief Financial Operations and Data Officer. Claire is Chair of the digital music rights management business, One Media IP Group Plc.

The Company is also proposing to appoint Graham Bryce as a Non-Executive Director, subject to satisfactory completion of due diligence by the Company's Nominated Adviser (pursuant to the AIM Rules for Companies and AIM Rules for Nominated Advisers).

A further announcement, including the requisite Schedule 2(g) disclosures required under the AIM Rules for Companies, will be made in due course upon Graham Bryce's appointment to the Board. Graham Bryce has been identified by key investors: Downing Strategic Micro-Cap Investment Trust and Storia Credit. Graham, was formerly Chief Operations Officer at Bauer Media Audio UK and is currently non-executive Chair of Stream Marine Group. Both directors will contribute to the Strategic Review announced on 4 October 2024, which is being led by the independent Non-Executive Directors.

Additional Information

In accordance with the AIM Rules, the following information required to be disclosed in relation to Claire Blunt is set out below. Other than this information, Claire Blunt has confirmed there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules.

Full Name: Claire Jacqueline Blunt (formerly Goodwin)

Age: 57

Current beneficial shareholding in the Company: None

Current directorships:

Beautyconnect Holdings Limited

Beautyconnect (London) Limited

Logistics London Limited

The Blunt Partnership LLP

One Media IP Group PLC

Westwick Estates Limited

Roxeth Mead (Buckholt) Ltd

Hall Holdings (Education) Limited

2 Eastbury Avenue Residents Limited

Previous directorships within the last 5 years:

Conde Nast & National Magazine Distributions Limited

Hearst UK Limited

Hearst UK Events Limited

Edited Financial Services Limited

National Magazine Company Limited (The)

Handbag.com Limited

Heart of London Business Alliance

Enquiries:

About Digitalbox plc

Based in the UK, Digitalbox is a 'pure-play' digital media business with the aim of profitable publishing at scale on mobile platforms.

Digitalbox operates the following trading brands, "Entertainment Daily", "The Daily Mash", "The Tab", "The Poke" and TV Guide". Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is the UK's biggest youth culture site fuelled by students. The Poke expertly curates and editorialises the funniest content from around the web and social media. TV Guide serves as the definitive guide to what is on TV.

Digitalbox primarily generates revenue from the sale of advertising in and around the content it publishes. The Group's optimisation for mobile enables it to achieve revenues per session significantly ahead of market norms for publishers on mobile.