REG - XLMedia PLC - Directorate Change

XLMediaAnnouncement

19/01/2022 07:05

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220119:nRSS8804Ya&default-theme=true

RNS Number : 8804Y  XLMedia PLC  19 January 2022

19 January 2022

 

 

XLMedia PLC

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

 

Directorate change

 

XLMedia (AIM: XLM), a leading global digital performance publisher, today
announces that Christopher Bell, Non-Executive Chair, has informed the Company
of his intention to step down from the Board and as a director of the Company.

 

Christopher has spent nearly eight years as Chair of XLMedia, supporting the
Company through its IPO in 2014, and helping the Group deliver a number of
successful strategic acquisitions. More recently, Chris has provided key
support throughout the restructuring of the business.

 

Chris has decided to step down from his role to focus on his recent
appointment as Non-Executive Chairman of Nueva Codere, an international gaming
operator, following shareholder approval at its EGM on 2 February 2021.

 

Christopher will assist in the orderly transfer to a new Chair and leave his
role as Chair in due course.

 

Christopher Bell, Non-Executive Chair, commented:

 

"It has been a privilege to chair XLMedia for almost eight years. 2022 marks
the beginning of a leaner Group structure set to benefit from significant
progress made in rebalancing the Group to have a greater focus on regulated
high-growth markets like US Sports. It feels like the right time to step aside
and let someone new support the business through its next phase of growth. I
wish everyone in the Company and its shareholders every success for the
future."

 

Julie Markey, Non-Executive Director, commented:

 

"On behalf of the board, I would like to thank Chris for his significant
contribution, dedication and commitment to XLMedia in his role as Chair and we
wish him well in all of his future endeavours."

 

Stuart Simms, CEO of XLMedia, commented:

 

"We are very grateful to Chris for his exceptional service to XLMedia. I would
like to personally thank him for his practical support and wise counsel. Chris
has been very supportive as we have sought to restructure to become more agile
and align the business with new growth markets - an initiative we will
complete during the first half of this year - as well as integrating three
hugely successful US acquisitions, which we believe will be pivotal to our
long-term success."

 

The information contained within this announcement (the "Announcement") is
deemed by the Company to constitute inside information as stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this
Announcement via a Regulatory Information Service, this inside information is
now considered to be in the public domain.

 

 

For further information, please contact:

 

 XLMedia plc                                              ir@xlmedia.com

 Stuart Simms, Chief Executive Officer                    via Vigo Consulting

 Rowan Ellis, Interim Chief Financial Officer

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

 Vigo Consulting                                          Tel: 020 7390 0233

 Jeremy Garcia / Kendall Hill

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

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

 Giles Balleny / Max Gould

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

 Berenberg (Joint Broker)                                 Tel: 020 3207 7800

 Mark Whitmore / Richard Andrews / Jack Botros

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

Notes:

XLMedia is a global digital performance publisher. Operating across a variety
of vertical markets including online gambling, personal finance and sports,
the Group uses proprietary tools and methodologies to identify and target high
value consumers for platform operators.

 

XLMedia operates branded, content-rich websites, underpinned by intelligent
market-leading technology and data, to build stronger and lasting
relationships with consumers.

 

The Group seeks to create a balanced portfolio of premium websites to cover a
range of attractive geographies, both stable and high-growth verticals, with
greater exposure to regulated markets.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAEAEFPFFDAEAA