LBG MEDIA PLC

Post-Annual General Meeting Information • Mar 28, 2025

National Storage Mechanism | Additional information

RNS Number : 7629C

LBG Media PLC

28 March 2025

28 March 2025

LBG Media plc

("LBG Media", the "Company" or "Group")

Result of 2025 Annual General Meeting

LBG Media plc, the global digital entertainment business with a focus on young adults, announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.

Details of the proxy votes received by the Company are as follows:

	For		Against		Total Votes		Withheld
	No. of votes	%	No. of votes	%	No. of votes	%	No. of votes
1.     To receive the Annual Report and Accounts	201,701,326	100.00%	0	0.00%	201,701,326	100	0
2.     To elect Dave Dilson as a director	200,842,623	99.57%	858,703	0.43%	201,701,326	100	0
3.     To elect Alexander Solomou as a director	201,701,326	100.00%	0	0.00%	201,701,326	100	0
4.     To elect Carol Kane as a director	193,041,490	95.71%	8,659,836	4.29%	201,701,326	100	0
5.     To elect Alexandra Jarvis as a director	201,701,326	100.00%	0	0.00%	201,701,326	100	0
6.     To re-appoint BDO LLP as auditors	201,701,326	100.00%	0	0.00%	201,701,326	100	0
7.     To authorise the audit committee to determine auditor's remuneration	201,701,326	100.00%	0	0.00%	201,701,326	100	0
8.     To authorise the directors to allot relevant securities	193,892,212	96.13%	7,809,114	3.87%	201,701,326	100	0
9.     To authorise the directors to allot equity securities for cash without making a pre-emptive offer to shareholders*	193,892,212	96.13%	7,809,114	3.87%	201,701,326	100	0
10.   To authorise the directors to allot equity securities for cash in relation to an acquisition or other capital investment*	193,892,212	96.13%	7,809,114	3.87%	201,701,326	100	0
11.   To authorise the Company to make market purchases of its own ordinary shares*	201,693,345	100.00%	0	0.00%	201,701,326	100	0

*Special resolution

Notes:

1.    Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

2.    Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

3.    A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".

4.    The number of shares in issue on 28 March 2025 was 209,079,740 with no shares in treasury. 

5.    The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.lbgmedia.co.uk .  

For further information please contact:

LBG Media plc Solly Solomou, Chief Executive Officer Dave Wilson, Executive Chair	investors@ladbiblegroup.com
Zeus (Nominated Adviser & Sole Broker) Dan Bate / Nick Cowles (Investment Banking) Benjamin Robertson (Equity Capital Markets)	Tel: +44 (0) 161 831 1512 www.zeuscapital.co.uk
Peel Hunt LLP (Joint Broker) Neil Patel Benjamin Cryer Alice Lane Kate Bannatyne	Tel: +44 (0) 207 418 8990 www.peelhunt.com
Media enquiries: FTI Consulting LLP Jamie Ricketts / Kwaku Aning / Jemima Gurney	Tel: +44 (0) 20 3727 1000 LBGmedia@fticonsulting.com

Notes to editors

We help brands reach young adults on social media platforms, such as Facebook, Instagram, Snapchat, X, YouTube and TikTok and our owned and operated websites.

We produce and distribute digital content such as videos, editorial, images and audio.

We do this through our brands, such as LADbible and SPORTbible, which are dedicated to distinct popular interests (e.g. news, sport, gaming).

Engagement is at the heart of what we do - which comes through in our two main revenue streams:

a.     We create bespoke content for blue-chip advertisers that gives them access to a young adult audience that is hard to reach for traditional media players. This is distributed across social media platforms and our owned and operated websites. We call this 'Direct' revenue.

b.     Third parties - such as social media platforms - generate revenue by placing advertising next to our content. We call this 'Indirect' revenue, and the revenue is shared between the publisher, which is us, and the social media platform.

LBG Media is listed on the AIM market of the London Stock Exchange (AIM: LBG).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGBUGDXISDDGUI