News
Result of AGM
19 March 2026
LBG Media plc, whose purpose is to entertain and delight young adults, making them laugh, think and act, 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 |
176,873,603 |
95.40% |
8,532,886 |
4.60% |
185,406,489 |
88.68 |
853 |
2. To re-elect Dave Wilson as a director |
174,283,286 |
94.00% |
11,124,056 |
6.00% |
185,407,342 |
88.68 |
- |
3. To re-elect Alexander Solomou (Solly) as a director |
185,407,333 |
99.99% |
9 |
0.01% |
185,407,342 |
88.68 |
- |
4. To re-elect Alexandra Jarvis as a director |
185,407,333 |
99.99% |
9 |
0.01% |
185,407,342 |
88.68 |
- |
5. To re-elect Carol Kane as a director |
177,678,904 |
95.83% |
7,728,438 |
4.17% |
185,407,342 |
88.68 |
- |
6. To re-elect Harry Stebbings as a director |
185,395,041 |
99.99% |
12,301 |
0.01% |
185,407,342 |
88.68 |
- |
7. To re-appoint BDO LLP as auditors |
185,406,357 |
99.99% |
985 |
0.01% |
185,407,342 |
88.68 |
- |
8. To authorise the audit committee to determine auditor's remuneration |
185,407,333 |
99.99% |
9 |
0.00% |
185,407,342 |
88.68 |
- |
9. To authorise the directors to allot relevant securities |
177,678,904 |
95.83% |
7,728,438 |
4.17% |
185,407,342 |
88.68 |
- |
10. To authorise the directors to allot equity securities for cash without making a pre-emptive offer to shareholders* |
177,678,908 |
95.83% |
7,728,434 |
4.17% |
185,407,342 |
88.68 |
- |
11. To authorise the directors to allot equity securities for cash in relation to an acquisition or other capital investment* |
177,655,488 |
95.82% |
7,751,854 |
4.18% |
185,407,342 |
88.68 |
- |
12. To authorise the Company to make market purchases of its own ordinary shares* |
185,407,328 |
99.99% |
14 |
0.01% |
185,407,342 |
88.68 |
- |
*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 19 March 2026 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 |
via FTI Consulting |
Darren Singer, Chief Financial Officer |
|
|
|
| Zeus (Nominated Adviser & Sole Broker) | +Tel: +44 (0) 161 831 1512 |
| Dan Bate / Kieran Russell (Investment Banking) | www.zeuscapital.co.uk |
| Benjamin Robertson (Equity Capital Markets) | |
Peel Hunt LLP (Joint Broker) |
Tel: +44 (0) 207 418 8990 |
Neil Patel |
www.peelhunt.com |
Benjamin Cryer |
|
Alice Lane |
|
Benjamin Cryer |
|
| Media enquiries: | |
| FTI Consulting LLP | Tel: +44 (0) 203 727 1000 |
Jamie Ricketts / Kwaku Aning / Jemima Gurney |
LBGmedia@fticonsulting.com |
Notes to editors
LBG Media entertains and delights young adults, making them laugh, think and act. We do this by producing and distributing digital content such as videos, editorial, images and audio through our brands, such as LADbible, UNILAD, Betches and SPORTbible, which are dedicated to distinct popular interests.
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.
Engagement is at the heart of what we do - which comes through in our two main revenue streams:
- 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.
- 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 plc is listed on the AIM market of the London Stock Exchange (AIM: LBG).
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