Business
Exercise of Options and Total Voting Rights
Exercise of Options and Total Voting Rights.
About this update from Lbg Media Plc
[{"type":"text","content":"\n\n24 August 2023\nLBG Media plc\n(\"LBG Media\" or the \"Company\")\nExercise of Options and Total Voting Rights\n \nLBG Media plc (AIM: LBG), the UK-based multi-brand, multi-channel digital youth publisher, announces that, on 22 August 2023, it allotted 9,000 new ordinary shares of £0.001 each (\"Shares\") in the Company following the exercise of options granted under the Company's Long Term Incentive Plan, details of which were disclosed in the Company's Admission Document dated 7 December 2021.\n \nTotal Voting Rights\n \nApplication has been made to the London Stock Exchange for the 9,000 new Shares to be admitted to trading on AIM (\"Admission\"). It is expected that Admission will become effective at 8.00 a.m. on 29 August 2023.\n \nFollowing Admission, the total number of Shares and voting rights in the Company will be 206,620,642. There are no Shares held in treasury. 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 FCA's Disclosure and Transparency Rules.\n \n \n \nFor further information please contact:\n\n\n\nLBG Media plc\nSolly Solomou, Chief Executive Officer\nRichard Jarvis, Chief Financial Officer\n\n\nVia Buchanan\n\n\n\n\nZeus (Nominated Adviser & Sole Broker)\nDan Bate / Nick Cowles (Investment Banking)\nBenjamin Robertson (Equity Capital Markets)\n\n\nTel: +44 (0) 161 831 1512\nwww.zeuscapital.co.uk\n\n\n\n\nMedia enquiries:\nBuchanan\nRichard Oldworth / Chris Lane / Toto Berger / Jack Devoy\n\n\nTel: +44 (0) 20 7466 5000\nwww.buchanan.uk.com\n\n\n\n \n \nNotes to editors\n \n \nLBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, YouTube and TikTok) and has built multiple websites to reach new audiences and drive engagement. Each br...