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Director/PDMR Shareholding

18 Feb 2025 07:00

RNS Number : 4302X
LBG Media PLC
18 February 2025
 

18 February 2025

LBG Media plc

("LBG Media" or the "Company")

Director/PDMR Shareholding

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)

 

 Price per Share

Volume

112.0 pence

22,209

 

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

investors@ladbiblegroup.com

Zeus (Nominated Adviser & Sole 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

Benjamin Cryer

Alice Lane

Kate Bannatyne

Tel: +44 (0) 207 418 8990

www.peelhunt.com

Media enquiries:

FTI Consulting LLP

Jamie Ricketts / Kwaku Aning / Jemima Gurney

Tel: +44 (0) 20 3727 1000

LBGmedia@fticonsulting.com

 

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