20 January 2022
LBG Media plc
("LBG Media" or the "Company")
Issue of shares
LBG Media plc, the UK-based multi-brand, multi-channel digital youth publisher, have issued and allotted 708,356 ordinary shares of £0.001 each ("Ordinary Shares") to satisfy certain share entitlements in accordance with the Company's Share Incentive Plan ("SIP"), an all-employee share ownership plan outlined in full in the Company's Admission Document, dated 7 December 2021.
Total Voting Rights
Application has been made to the London Stock Exchange for the 708,356 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 25 January 2022.
Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 206,422,642. There are no Ordinary 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.
For further information please contact:
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LBG Media plc Solly Solomou, Co-founder & CEO Arian Kalantari, Co-founder & COO Tim Croston, CFO |
Via Buchanan |
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Zeus Capital Limited (Nominated Adviser, Sole Bookrunner & Sole Broker) Dan Bate (Corporate Finance) Nick Cowles (Corporate Finance) Benjamin Robertson (Equity Capital Markets) |
Tel: +44 (0) 161 831 1512 |
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Media enquiries: Buchanan Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy |
Tel: +44 (0) 20 7466 5000 |
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