28 May 2025

LBG Media plc

("LBG Media" or the "Group")

Appointment of Non-Executive Director

LBG Media plc, a social entertainment powerhouse with a focus on young adults, is pleased to announce the appointment of Harry Stebbings as a Non-Executive Director, effective 24 May 2025.

Harry is a highly regarded investor and media entrepreneur with extensive business and venture capital experience. As the Founder and Managing Partner of Twenty VC LLP, a company that operates at the intersection of venture and media and invests in early-stage startups, he leads the investment strategy across pre-seed and Series A stages, managing a portfolio backed by $400 million in committed capital. Harry has invested in more than nine companies, each with an estimated valuation exceeding $1 billion, including Perplexity, Lovable, Mercor and Tripledot Games. 

Harry is also the Founder and CEO of The Twenty Minute VC, the world's largest media asset in venture capital, with over half a million subscribers in 113 countries.

Prior to this, he was a General Partner at Stride.VC, a venture capital firm based in London, dedicated to supporting entrepreneurs from the earliest days of their journey through to scaling. At Stride.VC, he sat on multiple boards, including SEDNA Systems, Forward Health and Cord.

Executive Chair, Dave Wilson, commented:

"We are delighted to welcome Harry to the Board, where he will offer the business his deep insight into the tech innovation space and knowledge of driving digital media engagement across various platforms. His exceptional track record in venture capital and media, combined with his global network and entrepreneurial insight, will bring significant value as we continue to execute our growth strategy".

The following information is disclosed pursuant to Rule 17 of the AIM Rules for Companies in relation to Harry Alistair Stebbings, aged 28:

Harry has held the following directorships in the past five years:

Harry Stebbings holds no ordinary shares in the Company.

Save for the disclosures above, there are no further disclosures to be made in accordance with Rule 17 and Schedule 2(g) of the AIM Rules.

For further information please contact:

Notes to editors

As a social entertainment powerhouse, 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.

We produce, curate, and distribute digital content that young adults engage with and want to share, whether through videos, editorials, images, or audio.

We do this through brands such as LADbible and Betches and those dedicated to distinct popular interests (e.g. news, sport, gaming) like SPORTbible and GAMINGbible.

Engagement is at the heart of what we do - which comes through in our two main revenue streams:

a.   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.

b.   Third parties - such as social media platforms and programmatic advertising partners - 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 or partner as applicable.

LBG Media is listed on the AIM market of the London Stock Exchange (AIM: LBG).