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IN BRIEF: Digitalbox looks for new CFO, clears path to dividends

7th Oct 2024 11:13

Digitalbox PLC - Bath, England-based digital media company and owner of brands such as Daily Mash, The Poke, The Tab and TVGuide.co.uk - Chief Financial Officer David Joseph resigns from the company and the board, after five years in post. He has a six-month notice period and has agreed to stay until his replacement has been found.

Digitalbox separately last week said it will call a general meeting of shareholders to a approve a capital reduction that would allow the company to do a share buyback or a pay a dividend. "There is no certainty" the company will do either, it says, however.

Current stock price: 4.30 pence, up 23% in London on Monday morning

12-month change: up 32%

By Emily Parsons, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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