Announced
Synopsis
Digitalbox, a digital media business based in the UK, announced its intention to seek admission of its Ordinary Shares to trading on the AIM Market of the London Stock Exchange by way of a reverse takeover of Polemos. On admission, Polemos plc will be renamed Digitalbox plc. James Carter, CEO, Digitalbox, said: "Our proposed admission to AIM will allow us to capitalise on the considerable opportunities we see to build a market-leading, mobile-first digital business through a buy and build strategy. Due to the success of Entertainment Daily, we have already created a platform through which we can drive traffic and advertising revenue, and to which we can add new titles to and quickly improve their performance. The combination of this platform and our experienced management team creates a compelling opportunity for investors as we grow."
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