REG - XLMedia PLC - Director and PDMR Share Dealing

XLMediaAnnouncement

14/03/2018 16:10

RNS Number : 7535H
XLMedia PLC
14 March 2018
For immediate release
14 March 2018
XLMedia PLC
("XLMedia" or "the Group" or "the Company")
Director and PDMR Share Dealing
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, has been informed that on 14 March 2018:
Yehuda Dahan, Chief Financial Officer and Director of the Company, exercised options over 56,250 ordinary shares in the Company ("Mr. Dahan's Options"), being all the vested options that he currently holds in XLMedia; and
Inbal Lavi, CEO ofthe Company's subsidiary (Webpals Systems S.C Ltd), exercised options over 150,000 ordinary shares in the Company (the "Mrs. Lavi's Options"), being all the vested options that she currently holds in XLMedia.
The decision to exercise options reflects Mr. Dahan and Mrs. Lavi's confidence and commitment to XLMedia and they will not be selling shares as part of the transaction.
Mr. Dahan's Optionswere exercised at a price of0.49 each resulting in the receipt by the Company of an aggregate amount of27,562.50.
Following the exercise of Mr. Dahan's Options, Mr. Dahan holds 56,250 shares representing 0.03% of the Company's existing issued share capital.
Mrs. Lavi's Optionswere exercised at a price of0.49 each resulting in the receipt by the Company of an aggregate amount of73,500.
Following the exercise of Mrs. Lavi's Options, Mrs. Lavi holds 495,372 shares representing 0.22% of the Company's existing issued share capital.
The exercise of the Options is being satisfied by the transfer of shares from the Tamir Fishman Trusts 2004 Ltd ("Tamir Fishman"), the appointed trustee for the Company's Global Share Incentive Plan. Following the transfer of sharesTamir Fishman holds4,600,247ordinary shares in the Company representing2.09% of the Company's issued share capital.
Following the exercise of the Options the total number of Ordinary Shares in the Company remains at 220,352,402 and this is the figure which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules set out in the Company's articles of association.
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. Yehuda Dahan
2
Reason for the notification
a)
Position/status
CFO 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
2138008U4S6FBDHGWY81
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
Exercise of Options pursuant to The Group Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.49
56,250
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
March 14, 2018
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mrs Inbal Lavi
2
Reason for the notification
a)
Position/status
CEO of subsidiary / 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
2138008U4S6FBDHGWY81
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
Exercise of Options pursuant to The Group Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.49
150,000
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
March 14, 2018
f)
Place of the transaction
London Stock Exchange
For further information, contact:
XLMedia plc
Ory Weihs
www.xlmedia.com
Tel: 020 8817 5283
Vigo Communications
Jeremy Garcia / Fiona Henson
www.vigocomms.com
Tel: 020 7830 9703
Cenkos Securities plc (Nomad and Joint Broker)
Camilla Hume / Mark Connelly
www.cenkos.com
Tel: 020 7397 8900
Berenberg (Joint Broker)
Chris Bowman / Mark Whitmore
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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