REG - XLMedia PLC - Change in Director's disclosable interest <Origin Href="QuoteRef">XLM.L</Origin>

XLMediaAnnouncement

03/02/2017 07:50

RNS Number : 9634V
XLMedia PLC
03 February 2017
3February 2016    FOR IMMEDIATE RELEASE
XLMedia PLC
("XLMedia" or "the Company")
Change in Director's disclosable interest
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, today announces that following the sale of shares by Webpals Enterprises Partnership Limited ("WELP") announced earlier today, the disclosable interest in the Company of Ory Weihs, Chief Executive Officer, has been reduced. This change results from Mr. Weihs' indirect economic interest in (with no voting rights attaching to) WELP.
As a result of the transaction, which was completed at 100 pence per share, Mr. Weihs' interest has reduced by 3,973,333 ordinary shares to 6,834,423 (approximately 3.41% of the Company), of which 2,360,417 ordinary shares (approximately 1.18% of the Company's issued share capital) are held directly and 4,474,006 (approximately 2.23% of the Company's issued share capital) relate to his interest in WELP. Mr. Weihs also continues to hold options over 179,583 ordinary shares in the Company.
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr. Ory Weihs
2
Reason for the notification
a)
Position/status
CEO and Director / PDMR
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
XLMedia Plc
b)
LEI
NA
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of US0.000001
JE00BH6XDL31
b)
Nature of the transaction
Sale of indirect economic interest
c)
Price(s) and volume(s)
Price(s)
Volume(s)
100 pence
3,973,333
d)
Aggregated information
- Aggregated volume
- Price
NA
e)
Date of the transaction
2 February 2017
f)
Place of the transaction
London Stock Exchange
For further information, please contact:
XLMedia plc
Ory Weihs
www.xlmedia.com
Tel: 020 8817 5283
Vigo Communications
Jeremy Garcia / Fiona Henson
www.vigocomms.com
Tel: 020 7830 9700
Cenkos Securities plc (Nomad and Joint Broker)
Ivonne Cantu / Camilla Hume
www.cenkos.com
Tel: 020 7397 8900
Berenberg (Joint Broker)
Chris Bowman / Mark Whitmore / Amritha Murali
www.berenberg.com
Tel: 020 3207 7800

This information is provided by RNS
The company news service from the London Stock Exchange
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