Digitalbox PLC Result of General Meeting and Total Voting Rights (5213C)

TIDMDBOX

RNS Number : 5213C

Digitalbox PLC

19 October 2020

19 October 2020

Digitalbox plc

("Digitalbox" or the "Company")

Result of General Meeting and Total Voting Rights

The Directors of Digitalbox plc (AIM: DBOX), the mobile-first digital media business, which owns Entertainment Daily, The Daily Mash and The Tab, are pleased to announce that, at the General Meeting of the Company held earlier today, all resolutions were duly passed, including those required to approve the Subscription details of which were set out in a circular to shareholders dated 1 October 2020.

The Subscription of 24,489,795 new ordinary shares will raise gross proceeds of GBP1.2 million for the Company. It is expected that Admission of the Subscription Shares will become effective and that dealings of the new ordinary shares will commence at 8.00 a.m. on 20 October 2020.

Following Admission, the total number of ordinary shares in issue and the total voting rights in the Company will be 115,860,421. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Words and expressions defined in the Circular published on 1 October 2020 shall have the same meaning in this announcement.

The results of the proxy voting will be available on the Company's website in due course, www.digitalbox.com .

ENDS

 
 Digitalbox                               c/o Newgate Communications 
 James Carter, CEO 
 
 WH Ireland (Nominated Adviser &          Tel: [phone] 
  Joint Broker) 
 Mike Coe / Chris Savidge 
 
 Panmure Gordon (Financial Adviser        Tel: [phone] 
  & Joint Broker ) 
 Alina Vaskina / Sandy Clark (Corporate 
  Advisory) 
 Erik Anderson / Rupert Dearden 
  (Corporate Broking) 
 
 Alvarium Capital Partners (Joint         Tel: [phone] 
  Broker) 
 Alex Davies / Hugh Kingsmill Moore 
 
 Newgate Communications                   Tel: [phone] 
 Robin Tozer / Isabelle Smurfit           [e-mail] 
  (Financial PR) 
 

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

About Digitalbox plc

Based in Bath, UK, Digitalbox is a 'pure-play' digital media business with the aim of profitable publishing at scale on mobile platforms.

Digitalbox operates three trading brands, "Entertainment Daily", "The Daily Mash" and "The Tab". Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is an online news website covering youth and student culture for UK university students.

Digitalbox generates revenue from the sale of advertising in and around the content it publishes. The Group's optimisation for mobile enables it to achieve revenues per session significantly ahead of market norms for publishers on mobile.

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October 19, 2020 10:38 ET (14:38 GMT)