PDMR Dealing Notification

RNS Number : 7100E

Digitalbox PLC

14 March 2022

 

Digitalbox plc

("Digitalbox" or the "Company")

PDMR Dealing Notification

Digitalbox plc (AIM: DBOX), the mobile-first digital media business, announces that it has received notification that Martin Higginson, a Non-Executive Director of the Company, has sold and transferred in aggregate, 1,590,936 ordinary shares of £0.01 each ("Ordinary Shares"), following the exercise of his warrants announced on 18 February 2022 (the "Transaction").

Following the Transaction, Mr Higginson does not hold any Ordinary Shares in the Company.

The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail on the transfer.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Martin Higginson
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Digitalbox Plc
b)	LEI	213800SZMUM1M5ROGI69
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 Identification code	Ordinary Shares of £0.01 each GB00BJK9H642
b)	Nature of the transaction	a)  Sale of 750,000 Ordinary Shares in the Company b)  Transfer of 840,936 Ordinary Shares in the Company as a gift
c)	Price(s) and volume(s)	No. of shares Price 500,000 sold £0.13 sale price 250,000 sold £0.14 sale price 840,936 transferred £0.13 transfer price
d)	Aggregated information - Aggregated volume - Price	1,590,936 As above
e)	Date of the transaction	21 February 2022
f)	Place of the transaction	a)  London Stock Exchange b)  Off Exchange

This announcement contains information which, prior to its disclosure, was considered inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

END

Enquiries:

Digitalbox	c/o SEC Newgate
James Carter, CEO
Panmure Gordon (Nominated Adviser, Financial Adviser & Joint Broker )	Tel: [phone]
Alina Vaskina / James Sinclair-Ford (Corporate Advisory)
Rupert Dearden (Corporate Broking)
Alvarium Capital Partners (Joint Broker)	Tel: [phone]
Alex Davies / Hugh Kingsmill Moore
SEC Newgate (Financial PR)	Tel: [phone]
Robin Tozer / Isabelle Smurfit	[e-mail]

About Digitalbox plc

Based in Bath, UK, Digitalbox is a 'pure-play' digital media business with the aim of profitable publishing at scale on mobile platforms.

Digitalbox operates three trading brands, "Entertainment Daily", "The Tab" and "The Daily Mash". Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is the UK's biggest youth culture site fuelled by students.

Digitalbox generates revenue from the sale of advertising in and around the content it publishes. The Group's optimisation for mobile enables it to achieve revenues per session significantly ahead of market norms for publishers on mobile.

 

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