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LBG Media Executive Chair Increases Stake with Share Purchase

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LBG Media Executive Chair Increases Stake with Share Purchase

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The latest update is out from LBG Media Plc ( (GB:LBG) ).

LBG Media plc announced that its Executive Chair, Dave Wilson, purchased 45,192 ordinary shares of the company at a price of 110.3 pence per share. This transaction increases Wilson’s total shareholding to 907,759 shares, representing 0.4% of the company’s issued share capital. The purchase reflects a significant commitment by a leading executive, which could indicate confidence in the company’s future prospects and potentially influence market perception positively.

More about LBG Media Plc

LBG Media plc is a global digital entertainment business focusing on young adults. The company operates primarily through digital platforms, offering content and services that engage a youthful audience.

YTD Price Performance: -13.85%

Average Trading Volume: 94,398

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £234.2M

For an in-depth examination of LBG stock, go to TipRanks’ Stock Analysis page.

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