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Nominated Adviser Appointment

22 Feb 2021 07:00

RNS Number : 7896P
Digitalbox PLC
22 February 2021
 

22 February 2021

Digitalbox plc

("Digitalbox" or the "Company")

 

Nominated Adviser Appointment and Additional Disclosure Information

Digitalbox plc (AIM: DBOX), the mobile-first digital media business, which owns Entertainment Daily, The Daily Mash and The Tab, is pleased to announce the appointment of Panmure Gordon (UK) Limited ("Panmure Gordon") as Nominated Adviser with immediate effect. Panmure Gordon will also continue to act as Financial Adviser and Joint Broker to the Company.

The Company also announces the information in Appendix I below relating to director disclosure under Schedule Two, Paragraph (g) of the AIM Rules for Companies.

 

END

 

Enquiries:

Digitalbox

c/o SEC Newgate

James Carter, CEO

Panmure Gordon

(Nominated Adviser, Financial Adviser & Joint Broker)

Tel: 020 7886 2500

Alina Vaskina / Sandy Clark (Corporate Advisory)

Erik Anderson / Rupert Dearden (Corporate Broking)

Alvarium Capital Partners (Joint Broker)

Tel: 020 7195 1400

Alex Davies / Hugh Kingsmill Moore

SEC Newgate (Financial PR)

Tel: 020 3757 6880

Robin Tozer / Isabelle Smurfit

digitalbox@secnewgate.co.uk

 

About Digitalbox plc

 

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

 

Digitalbox operates three trading brands, "Entertainment Daily", "The Tab" and "The Daily Mash". 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.

 

Digitalbox 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.

 

Appendix I

In its Admission Document dated 8 February 2019, in relation to Mr. Martin Higginson, the Non-executive Director of Digitalbox, the Company disclosed certain directorships under Schedule Two, Paragraph (g) of the AIM Rules for Companies. In addition to those previously disclosed in the Admission Document, Mr Higginson was also a director of Interactive Dating & Entertainment Limited and MIM5 Limited, and a non-executive director of Monstermob Group plc within the five years prior to the date of the Admission Document.

 

Monstermob Group plc was placed into administration by its directors on 24 May 2017. On 11 May 2018, the administrators issued a report confirming that there were insufficient funds available to be made to ordinary unsecured creditors and the company was subsequently dissolved on 11 August 2018.

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