News
Director/PDMR Shareholding
09 November 2022
LBG Media plc (AIM: LBG), the UK-based multi-brand, multi-channel digital youth publisher, announces that it has been notified that Alexander (Solly) Solomou, Chief Executive Officer, bought 900,000* ordinary shares of £0.001 each ("Shares") at a price of 51 pence per Share.
Following this transaction, Solly is beneficially interested in 86,627,999 Shares, representing 41.97 per cent. of the Company's issued share capital.
* 400,000 Shares were acquired in Solly's own name, and 500,000 Shares were acquired in the name of LAD Investments Limited, a company which is wholly owned by Solly.
For further information please contact:
LBG Media plc Solly Solomou, Co-founder & CEO Arian Kalantari, Co-founder & COO Tim Croston, CFO | Via Buchanan |
Zeus (Nominated Adviser & Sole Broker) Dan Bate / Nick Cowles (Investment Banking) Benjamin Robertson (Equity Capital Markets) | Tel: +44 (0) 161 831 1512 |
Media enquiries: Buchanan Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy | Tel: +44 (0) 20 7466 5000 |
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
| Chief 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 0.1 pence each in the Company ("Shares") | ||||||
Identification code | ISIN: GB00BKPH9R58 | |||||||
b)
| Nature of the transaction
| Purchase of shares by:
(a) Alexander Solomou (b) LAD Investments Limited (wholly owned by Alexander Solomou)
| ||||||
c)
| Price(s) and volume(s) |
| ||||||
d) | Aggregated Information
Volume
Price |
| ||||||
e) | Date of transaction | 8 November 2022 | ||||||
f) | Place of transaction | London Stock Exchange, AIM | ||||||