REG - XLMedia PLC - Appointment of Chief Executive Officer

XLMediaAnnouncement

27/05/2022 07:00

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RNS Number : 0046N  XLMedia PLC  27 May 2022

27 May 2022

 

XLMedia PLC

("XLMedia" or the "Company" or the "Group")

 

 

Appointment of Chief Executive Officer

 

XLMedia (AIM: XLM), a leading global digital performance publisher, is pleased
to announce the appointment of David King as Chief Executive Officer and as a
member of the Board of Directors. He is expected to join the Group on 1 July
2022.

Stuart Simms, the Company's existing Chief Executive Officer, announced his
intention to step down on April 4 2022 and will leave the Company following a
period supporting an orderly handover with David.

David joins the Company having held a number of senior Executive roles in
companies across the media sector, most recently as Chief Executive Officer at
JPIMedia Group, where he led the business through a period of considerable
change. This included leading the digital acceleration programme,
incorporating a data led strategy to drive audience growth and build new
digital revenue streams. David also oversaw an ongoing rationalisation
programme, growth of 'the i' newspaper and the sale of the group in three
stages.

David brings extensive leadership and financial expertise.

Before entering local media, David was appointed Time Out's first CEO and
before that was CFO of BBC Worldwide for nine years. In his early career David
spent six years as a Management Consultant at PwC, working with a number of
blue-chip clients. He is a qualified Chartered Accountant.

Marcus Rich, Non-Executive Chair at XLMedia, commented:

"We are delighted to welcome David to XLMedia and believe that, with his
significant digital publishing experience and proven track record of leading
change, he will be a key asset in helping us capitalise on a number of growth
initiatives.

David's extensive knowledge of the media sector makes him the ideal candidate
to lead the Group and I and the Board look forward to working with him."

 

David King added:

 

"I am delighted to join XLMedia and am looking forward to working with the
senior leadership team and all of the Group's staff, alongside the board, to
lead the business in delivering the next phase of its development and
realising the benefits of the Company's growth strategy."

 

For further information, please contact:

 

 XLMedia plc                                                                                                                                                                                                                                                                                                ir@xlmedia.com

 Caroline Ackroyd, Chief Financial Officer                                                                                                                                                                                                                                                                  via Vigo Consulting

 www.xlmedia.com
 (https://urldefense.proofpoint.com/v2/url?u=http-3A__www.xlmedia.com_&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=_j7WE8b4VBDMQh_NEDyHzuFbYwFlFY6-qLfGA6Yt41Y&m=DVVCNZwmu_ac9hl5ohXT4wpJr4z599217_wVFtBpEgQ&s=Q5UVdAHcTsLlclrxsimuE3YVgPSl2_FC8sl-lhAnCDY&e=)

 Vigo Consulting                                                                                                                                                                                                                                                                                            Tel: 020 7390 0233

 Jeremy Garcia / Kendall Hill

 www.vigoconsulting.com
 (https://urldefense.proofpoint.com/v2/url?u=http-3A__www.vigoconsulting.com&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=_j7WE8b4VBDMQh_NEDyHzuFbYwFlFY6-qLfGA6Yt41Y&m=DVVCNZwmu_ac9hl5ohXT4wpJr4z599217_wVFtBpEgQ&s=Dp3eOyMI4Rc_hHhLHn_XMP2oSvtXXIYM-7-VYEozhr0&e=)

 Cenkos Securities plc (Nomad and Joint Broker)                                                                                                                                                                                                                                                             Tel: 020 7397 8900

 Giles Balleny / Max Gould

 www.cenkos.com
 (https://urldefense.proofpoint.com/v2/url?u=http-3A__www.cenkos.com_&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=_j7WE8b4VBDMQh_NEDyHzuFbYwFlFY6-qLfGA6Yt41Y&m=DVVCNZwmu_ac9hl5ohXT4wpJr4z599217_wVFtBpEgQ&s=9lVDL6O-YsX8UjXyO1ANaF7qBeR0iwe6ltOaQDIZEZc&e=)

 Berenberg (Joint Broker)                                                                                                                                                                                                                                                                                   Tel: 020 3207 7800

 Mark Whitmore / Richard Andrews / Jack Botros

www.berenberg.com (http://www.berenberg.com)

 

 

The following information is disclosed pursuant to Schedule Two paragraph (g)
of the AIM Rules for Companies:

 

David John King, aged 62, holds or has held in the past 5 years the following
directorships and partnerships:

 

 Current                             Past five years
 Johnston Press Ireland Ltd          Angus County Press Limited
 Score Press Ireland Limited         Caledonian Offset Limited
 Kilkenny People Holdings Ltd        FJohnston & Co Limited
 Kilkenny People Publishing Ltd      Galloway Gazette Ltd. (The)
 Leinster Express Newspapers Ltd     Johnston (Falkirk) Limited
 Leinster Leader Ltd, The            Johnston Press Plc
 Leitrim Observer Ltd                MRP Holdings Limited
 Longford Leader Ltd, The            Stornoway Gazette Limited
 The Donegal Democrat Limited        Strachan and Livingston, Limited
 Limerick Leader Ltd                 The Scotsman Publications Limited
 Leader Print Ltd                    The Tweeddale Press Limited
 2025 Advisory Limited

 

Ackrill Newspapers Limited
                                     Anglia Newspapers Limited
                                     Bedfordshire Newspapers Limited
                                     Blackpool Gazette and Herald Limited
                                     Central Counties Newspapers Limited
                                     Century Press and Publishing Limited
                                     East Lancashire Newspapers Limited
                                     East Midlands Newspapers Limited
                                     Halifax Courier Holdings Limited
                                     Halifax Courier Limited (The)
                                     Johnston Letterbox Direct Ltd.
                                     Johnston Press Bond Plc
                                     Johnston Publications Limited
                                     Johnston Publishing (North) Ltd.
                                     Johnston Publishing Limited
                                     Lancashire Evening Post Limited
                                     Lancashire Publications Limited
                                     Lancaster & Morecambe Newspapers Limited
                                     Lincolnshire Newspapers Limited
                                     Love News Media Ltd
                                     Minthill Limited
                                     North Notts Newspapers Limited
                                     Northampton Web Limited
                                     Northamptonshire Newspapers Limited
                                     Northeast Press Limited
                                     Peterboro' Web Limited
                                     Portsmouth & Sunderland Newspapers Limited
                                     Portsmouth Publishing and Printing Limited
                                     Premier Newspapers Limited
                                     Regional Independent Media Acquisitions Limited
                                     Regional Independent Media Group Limited
                                     Regional Independent Media Holdings Limited
                                     Regional Interactive Media Limited
                                     Reporter Limited (The)
                                     Sheffield Newspapers Limited
                                     South Yorkshire Newspapers Limited
                                     Sussex Newspapers Ltd
                                     T.R. Beckett, Limited
                                     Welland Valley Newspapers Limited
                                     Wilfred Edmunds, Limited
                                     Yorkshire Post Newspapers Limited
                                     Yorkshire Regional Newspapers Limited
                                     Yorkshire Weekly Newspaper Group Limited
                                     Century Newspapers Limited
                                     Local Press Ltd
                                     Morton Newspapers Limited
                                     The Derry Journal Limited
                                     Isle of Man Courier Holdings Ltd
                                     Regional Independent Media Funding 1 Limited
                                     Regional Independent Media Funding 2 Limited
                                     Score Press Limited
                                     Montrose Review Press Limited
                                     The Newspaper Organisation Limited
                                     UKTV interactive Limited
                                     BBC World Service Television Limited
                                     Central Lancashire Printers Limited
                                     FJohnston & Company Limited
                                     Regional Independent Media Limited
                                     Nationalist Newspaper Unlimited Company
                                     Thomas Roe Unlimited Company
                                     The Munster Tribune Unlimited Company
                                     Limerickman Unlimited Company
                                     Wellbrook Press Unlimited Company
                                     The Dundalk Democrat Limited
                                     Leinster Express Printing Unlimited Company

 

 Angus County Press Limited
 Caledonian Offset Limited
 F Johnston & Co Limited
 Galloway Gazette Ltd. (The)
 Johnston (Falkirk) Limited
 Johnston Press Plc
 MRP Holdings Limited
 Stornoway Gazette Limited
 Strachan and Livingston, Limited
 The Scotsman Publications Limited
 The Tweeddale Press Limited

 

 

 Ackrill Newspapers Limited
 Anglia Newspapers Limited
 Bedfordshire Newspapers Limited
 Blackpool Gazette and Herald Limited
 Central Counties Newspapers Limited
 Century Press and Publishing Limited
 East Lancashire Newspapers Limited
 East Midlands Newspapers Limited
 Halifax Courier Holdings Limited
 Halifax Courier Limited (The)
 Johnston Letterbox Direct Ltd.
 Johnston Press Bond Plc
 Johnston Publications Limited
 Johnston Publishing (North) Ltd.
 Johnston Publishing Limited
 Lancashire Evening Post Limited
 Lancashire Publications Limited
 Lancaster & Morecambe Newspapers Limited
 Lincolnshire Newspapers Limited
 Love News Media Ltd
 Minthill Limited
 North Notts Newspapers Limited
 Northampton Web Limited
 Northamptonshire Newspapers Limited
 Northeast Press Limited
 Peterboro' Web Limited
 Portsmouth & Sunderland Newspapers Limited
 Portsmouth Publishing and Printing Limited
 Premier Newspapers Limited
 Regional Independent Media Acquisitions Limited
 Regional Independent Media Group Limited
 Regional Independent Media Holdings Limited
 Regional Interactive Media Limited
 Reporter Limited (The)
 Sheffield Newspapers Limited
 South Yorkshire Newspapers Limited
 Sussex Newspapers Ltd
 T.R. Beckett, Limited
 Welland Valley Newspapers Limited
 Wilfred Edmunds, Limited
 Yorkshire Post Newspapers Limited
 Yorkshire Regional Newspapers Limited
 Yorkshire Weekly Newspaper Group Limited
 Century Newspapers Limited
 Local Press Ltd
 Morton Newspapers Limited
 The Derry Journal Limited
 Isle of Man Courier Holdings Ltd
 Regional Independent Media Funding 1 Limited
 Regional Independent Media Funding 2 Limited
 Score Press Limited
 Montrose Review Press Limited
 The Newspaper Organisation Limited
 UKTV interactive Limited
 BBC World Service Television Limited
 Central Lancashire Printers Limited
 F Johnston & Company Limited
 Regional Independent Media Limited
 Nationalist Newspaper Unlimited Company
 Thomas Roe Unlimited Company
 The Munster Tribune Unlimited Company
 Limerickman Unlimited Company
 Wellbrook Press Unlimited Company
 The Dundalk Democrat Limited
 Leinster Express Printing Unlimited Company

 

 

 

Mr King does not currently hold any shares in the Company.

 

Mr King was a director of Johnston Press plc, and its related and subsidiary
entities, when it was placed into administration on 17 November 2018. Johnston
Press plc was subsequently placed into compulsory liquidation on 19 May 2021,
with the related and subsidiary entities wound up on varying dates following
the Johnston Press plc administration.

 

The Johnston Press plc related entities are: Johnston Publishing Limited,
The Derry Journal Limited, Angus County Press Limited, Galloway Gazette ltd.
(the), Johnston (Falkirk) Limited, Morton Newspapers Limited, Stornoway
Gazette Limited, Strachan and Livingston Limited, The Scotsman Publications
Limited, The Tweeddale Press Limited, Century Newspapers Limited, Johnston
Publications Limited, Regional Independent Media Group Limited, Reporter
Limited (the), Johnston Press Bond plc, Love News Media ltd, Ackrill
Newspapers Limited, Anglia Newspapers Limited, Blackpool Gazette and Herald
Limited, East Lancashire Newspapers Limited, East Midlands Newspapers Limited,
Halifax courier Holdings Limited, Halifax Courier Limited (the), Johnston
Letterbox Direct Ltd, Lancashire Evening Post Limited, Lancashire Publications
Limited, Lancaster & Morecambe Newspapers Limited, Northamptonshire
Newspapers Limited, Northeast Press Limited, Portsmouth & Sunderland
Newspapers Limited, Portsmouth Publishing and Printing Limited, Premier
Newspapers Limited, Sheffield Newspapers Limited, South Yorkshire Newspapers
Limited, Sussex Newspapers Ltd, T.R. Beckett limited, Wilfred Edmunds Limited,
Yorkshire Post Newspapers Limited, Yorkshire Regional Newspapers Limited,
Yorkshire Weekly Newspaper Group Limited, Johnston Publishing (North) Ltd, MRP
Holdings Limited,  North Notts Newspapers Limited, Regional Independent Media
Holdings Limited, Welland Valley Newspapers Limited, Lincolnshire Newspapers
Limited, Northampton Web Limited, Peterboro' Web Limited, Minthill Limited,
Local Press Limited, Caledonian Offset Limited, F.Johnston & Company
Limited, Central Counties Newspapers Limited, Regional Independent Media
Funding 1 Limited, Regional Independent Media Funding 2 Limited, Regional
Independent Media Acquisitions Limited, Regional Interactive Media Limited,
Century Press and Publishing Limited, Bedfordshire Newspapers Limited,
Montrose Review Press Limited, Kilkenny People Holdings Limited, The Leinster
Leader, Limited, Limerick Leader Limited, the Donegal Democrat Limited,
Leitrim Observer Limited, Johnston Press Ireland Limited, Leader Print
Limited, Kilkenny People Publishing Limited, The Longford Leader Limited,
Score Press Ireland Limited, Leinster Express Newspapers Limited.

 

About XLMedia:

XLMedia (AIM:XLM) is a global digital performance publisher. Operating across
sports, personal finance, and gaming, the Group utilizes data science to reach
the right audiences with the right content at the right time - driving action
and building valuable relationships between audiences and partners.

The Group manages a balanced portfolio of premium brands that cover a range of
attractive geographies with a primary emphasis on regulated markets. The
XLMedia portfolio is designed to reach targeted audiences with the desire to
engage and take action.

 

 

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