LBG Media Plc (GB:LBG) has released an update.
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LBG Media Plc’s CEO Alexander Solomou and CFO Richard Jarvis have bolstered their stakes in the company through the purchase of additional shares, thereby reinforcing their commitment to the UK-based digital youth publisher. Solomou acquired a total of 341,929 shares, partly under his name and partly through Solo Investments Holding Limited, while Jarvis purchased 13,835 shares. The transactions, which took place on the London Stock Exchange’s AIM, slightly increased Solomou’s holding to 41.62% of the issued share capital, underscoring the management’s confidence in the company’s prospects.
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