Business
Completion of Acquisition and Total Voting Rights
Completion of Acquisition and Total Voting Rights.
About this update from Digitalbox Plc
[{"type":"text","content":"\n \nRNS Number : 8016R Digitalbox PLC 05 March 2019 \n\n5 March 2019\nDigitalbox plc\n(\"the Company\")\n \nCompletion of acquisition of Daily Mash\nTotal Voting Rights\n \nDigitalbox plc (AIM: DBOX), the digital media business, has completed the acquisition of Mashed Productions Limited (\"MP\"), which owns the online satirical news website \"The Daily Mash\".\n1,428,571 new ordinary shares have been issued as part of the consideration for the MP acquisition and will be admitted on trading on AIM today.\nIn accordance with the provisions of the Disclosure and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following admission of these consideration shares, its issued share capital will comprise 90,251,726 Ordinary Shares of £0.01 each and 386,907,464 Deferred Shares of £0.0499 each and 112,176,000 New Deferred Shares of £0.01 each. \nAll of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 90,251,726. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules. \nJames Carter, CEO, Digitalbox plc, said: \"The acquisition of the Daily Mash is the first step in our plan to create significant value for shareholders. Our aim is to build a market-leading, mobile-first digital business through a buy and build strategy. The success of Entertainment Daily means we have a platform through which we can drive traffic and advertising revenue. It means we can add new titles like the Daily Mash to the platform and quickly improve their performance. We have a pipeline of opportunities in the digital publishing space with plans to add to our portfolio in the near future.\"\nEnquiries:\n\n\n\nDigitalbox\n\n\nTel: 01225 430102\n\n\n\n\nJames Carter, CEO\n \n\n\n \n\n\n\n\nWH Ireland (Nomad)\n\n\nTel: 0117 945 3470\n\n\n\n\nMike Coe / Chris Savidge\n \n\n\n \n\n\n\n\nLeander Capital (Broker)\n\n\nTel: 0207 195 1400\n\n\n\n\nAlex Davies / Hugh Kingsmill Moore\n \n\n\n \n\n\n\n\nNewgate Communications (Financial PR)\n\n\nTel: 020 3757 6880; digitalbox@ne...