Exercise of Options and Total Voting Rights

RNS Number : 0710Q

LBG Media PLC

16 February 2023

 

16 February 2023

LBG Media plc

("LBG Media" or the "Company")

Exercise of Options and Total Voting Rights

LBG Media plc (AIM: LBG), the UK-based multi-brand, multi-channel digital youth publisher, announces that, on 14 February 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.

Total Voting Rights

Application 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 20 February 2023.

Following Admission, the total number of Shares and voting rights in the Company will be 206,431,642. 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.

For further information please contact:

LBG Media plc Solly Solomou, Co-founder & CEO Arian Kalantari, Co-founder & COO Tim Croston, CFO	Via Buchanan
Zeus (Nominated Adviser & Sole Broker) Dan Bate / Nick Cowles (Investment Banking) Benjamin Robertson (Equity Capital Markets)	Tel: [phone] www.zeuscapital.co.uk
Media enquiries: Buchanan Richard Oldworth / Chris Lane / Toto Berger / Jack Devoy	Tel: [phone] www.buchanan.uk.com

 

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