Prime Media Group Limited advised the completion of the sale Prime's business and assets to Seven Network (Operations) Limited, a wholly-owned subsidiary of Seven West Media Limited. Prime advises that with completion of the Asset Sale, Ian Audsley has stepped-down as the director of Prime, effective from the close of business on 31 December 2021. Joshua Lowcock will also step down from the Prime Board, effective from the close of business on 31 December 2021. Mr. John Palisi will be appointed to the Prime Board as a non-executive director of Prime effective from 31 December 2021. Mr. Palisi joined Prime in 2012. He is a chartered accountant with over 20 years' experience and is a graduate member of the Australian Institute of Company Directors. Mr. Palisi will also continue the role of Company Secretary.