20 April 2020
Digitalbox plc
("Digitalbox" or "the Company")
Posting of Accounts, Notice of AGM and Proposed Cancellation of Deferred Shares and Reduction of the Share Premium Account
Digitalbox plc (AIM: DBOX), the mobile-first digital media business, which owns Entertainment Daily and The Daily Mash, announces that it has posted its Annual Report and Accounts for the year ended 31 December 2019, together with the Notice of Annual General Meeting and Proposed Cancellation of Deferred Shares and Reduction of Share Premium Account and Form of Proxy, to its shareholders today.
Copies of all documents are available on the Company's website, www.digitalbox.com
ENDS
Digitalbox |
c/o Newgate Communications |
James Carter, CEO
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WH Ireland (Nomad and Broker) |
Tel: 0117 945 3470 |
Mike Coe / Chris Savidge
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Alvarium Capital Partners (Broker) |
Tel: 020 7195 1400 |
Alex Davies / Hugh Kingsmill Moore
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Newgate Communications (Financial PR) |
Tel: 020 3757 6880; |
Robin Tozer / Isabelle Smurfit |
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. The company's operating model has been developed and refined since publishing operations began in December 2015.
Digitalbox operates two trading brands, "Entertainment Daily" and "The Daily Mash". Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. Entertainment Daily has averaged c. 3.8 million unique users per month over 2019, with over 14 million monthly UK sessions. In March 2019, Digitalbox acquired leading online satirical website, The Daily Mash. The Daily Mash averaged 4 million visits per month from 1.7m unique users in 2019.
Digitalbox generates revenue from the sale of advertising in and around the content it publishes. The Company's optimisation for mobile enables it to achieve revenues per session significantly ahead of market norms for publishers on mobile.