Annual General Meeting Statement

RNS Number : 0038F

Digitalbox PLC

10 July 2019

 

10 July 2019

Digitalbox plc

("Digitalbox", "the Company" or "the Group")

Annual General Meeting Statement

Digitalbox plc (AIM: DBOX), the digital media business, will be making the following statement at its AGM today.

At the meeting, James Carter, Chief Executive, Digitalbox, will say:

"Trading in the first half of 2019 has been consistent with expectations for the year as a whole.  Our Entertainment Daily platform has continued to deliver excellent levels of audience engagement with its core 30 to 60-year-old female demographic and the size of its unique user base has grown in the first six months of the year.

"The Group's buy and build strategy commenced with the acquisition of The Daily Mash on 5 March 2019. The process of integrating this brand has gone well to date and we have identified new opportunities to scale the brand further beyond the direct website activity. There continues to be a great deal of interest around the BBC2 show the Mash Report that was nominated for a BAFTA this year.

"The market remains rich with opportunity as the team builds the business. Whilst we continue to review possible acquisition targets, we are also exploring new growth opportunities within the existing business."

The statement is available on the Company's website: www.digitalbox.com

Enquiries:

Digitalbox	c/o Newgate Communications
James Carter, CEO
WH Ireland (Nomad)	Tel: [phone]
Mike Coe / Chris Savidge
Leander Capital (Broker)	Tel: [phone]
Alex Davies / Hugh Kingsmill Moore
Newgate Communications (Financial PR)	Tel: [phone]; [e-mail]
Robin Tozer / Fiona Norman

 

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