Digitalbox PLC - Bath-based digital media company and owner of brands such as Daily Mash, The Poke, The Tab and TVGuide.co.uk - announces a strategic review to consider a range of options and strategies, which may include a sale of the company. Follows a representation from a key shareholder. As a result, believes it is important to consider all options for maximising shareholder value - especially during this period of extensive change in the digital media landscape - including exploring alternative ownership structures, the benefits of consolidation, or a sale of the company. The review will be led by the company’s independent non-executive directors. Expects to report progress on the review at the end of November.
Current stock price: 3.80 pence, closed up 8.6% in London on Friday
12-month change: up 8.6%
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