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LBG Media Plc ( (GB:LBG) ) has provided an announcement.
LBG Media plc announced that its CEO, Alexander (Solly) Solomou, has acquired 22,209 ordinary shares at 112.0 pence per share, through Solo Investments Holdings Limited, increasing his beneficial interest to 87,042,137 shares, which represents 41.63% of the company’s issued share capital. This transaction underscores Solomou’s continued commitment to the company and strengthens his ownership, potentially impacting the company’s strategic direction and stakeholder confidence.
More about LBG Media Plc
LBG Media plc is a global digital entertainment business that primarily targets young adults. The company is known for its engaging digital content and media services, operating with a significant focus on appealing to a youthful demographic.
YTD Price Performance: -13.85%
Average Trading Volume: 94,398
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £234.2M
For a thorough assessment of LBG stock, go to TipRanks’ Stock Analysis page.
