REG - XLMedia PLC - Grant of Share Awards

XLMediaAnnouncement

06/07/2020 14:40

RNS Number : 1588S
  
XLMedia PLC
  
06 July 2020
  
 

6 July 2020
 
 
XLMedia PLC 
("XLMedia" or the "Company")
 
Grant of Share Awards
XLMedia (AIM: XLM), a global digital performance publisher, announces that it has today granted share awards over a total of 3,982,848 ordinary shares in the Company under the XLMedia 2020 Global Share Incentive Plan (the "Awards"). The Awards represent 2.128% of the currently issued share capital of the Company.
The Awards were granted to persons discharging managerial responsibilities ("PDMRs") and are summarised below:
 




Employee


Role


Award Type


Number of shares subject to the Award




Iain Balchin


Group CFO


PSU Award


1,166,667




Sarah Clark


Chief Operating Officer


RSU Award


916,668




Michal Badhav


Group General Counsel


RSU Award


672,133




Ziv Eizenberg 


Chief People Officer


RSU Award


642,914




Inbal Winner


General Manager Europe


RSU Award


584,466




Both the RSU Award and the PSU Award are contingent rights to acquire shares for no consideration. The PSU Award is subject to a three-year performance period, with vesting subject to the achievement of performance measured by reference to total shareholder return over the performance period as compared to the FTSE AIM 100, followed by a two-year holding period. The RSU Awards, which have been granted to employees who are not members of the Company's board of directors, vest over three years. Clawback and malus provisions apply to the Awards.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.
 
 




1 


Details of the person discharging managerial responsibilities / person closely associated 




a) 


Name 
 


Iain Balchin
 




2 


Reason for the notification 




a) 


Position/status 
 


 




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 


Contingent share awards over ordinary shares of USD0.000001 each in XLMedia PLC under the XLMedia 2020 Global Share Incentive Plan
  
ISIN of ordinary shares:  JE00BH6XDL31




b) 


Nature of the transaction 


Grant of contingent share awards




c) 


Price(s) and volume(s) 
 


1,166,667 at a nil price per share




d) 


Aggregated information 
 
- Aggregated volume 
 
- Price 


N/A single transaction




e) 


Date of the transaction 


6 July 2020




f) 


Place of the transaction 


Outside a trading venue




 
 




1 


Details of the person discharging managerial responsibilities / person closely associated 




a) 


Name 
 


Sarah Clark
 




2 


Reason for the notification 




a) 


Position/status 
 


 




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 


Contingent share awards over ordinary shares of USD0.000001 each in XLMedia PLC under the XLMedia 2020 Global Share Incentive Plan
  
ISIN of ordinary shares:  JE00BH6XDL31




b) 


Nature of the transaction 


Grant of contingent share awards




c) 


Price(s) and volume(s) 
 


916,668 at a nil price per share




d) 


Aggregated information 
 
- Aggregated volume 
 
- Price 


N/A single transaction




e) 


Date of the transaction 


6 July 2020




f) 


Place of the transaction 


Outside a trading venue




 




1 


Details of the person discharging managerial responsibilities / person closely associated 




a) 


Name 
 


Michal Badhav
 




2 


Reason for the notification 




a) 


Position/status 
 


 




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 


Contingent share awards over ordinary shares of USD0.000001 each in XLMedia PLC under the XLMedia 2020 Global Share Incentive Plan
  
ISIN of ordinary shares:  JE00BH6XDL31




b) 


Nature of the transaction 


Grant of contingent share awards




c) 


Price(s) and volume(s) 
 


672,133 at a nil price per share




d) 


Aggregated information 
 
- Aggregated volume 
 
- Price 


N/A single transaction




e) 


Date of the transaction 


6 July 2020




f) 


Place of the transaction 


Outside a trading venue




 
 




1 


Details of the person discharging managerial responsibilities / person closely associated 




a) 


Name 
 


Ziv Eizenberg 
 




2 


Reason for the notification 




a) 


Position/status 
 


 




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 


Contingent share awards over ordinary shares of USD0.000001 each in XLMedia PLC under the XLMedia 2020 Global Share Incentive Plan
  
ISIN of ordinary shares:  JE00BH6XDL31




b) 


Nature of the transaction 


Grant of contingent share awards




c) 


Price(s) and volume(s) 
 


642,914 at a nil price per share




d) 


Aggregated information 
 
- Aggregated volume 
 
- Price 


N/A single transaction




e) 


Date of the transaction 


6 July 2020




f) 


Place of the transaction 


Outside a trading venue




 
 




1 


Details of the person discharging managerial responsibilities / person closely associated 




a) 


Name 
 


Inbal Winner
 




2 


Reason for the notification 




a) 


Position/status 
 


 




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 


Contingent share awards over ordinary shares of USD0.000001 each in XLMedia PLC under the XLMedia 2020 Global Share Incentive Plan
  
ISIN of ordinary shares:  JE00BH6XDL31




b) 


Nature of the transaction 


Grant of contingent share awards




c) 


Price(s) and volume(s) 
 


584,466 at a nil price per share




d) 


Aggregated information 
 
- Aggregated volume 
 
- Price 


N/A single transaction




e) 


Date of the transaction 


6 July 2020




f) 


Place of the transaction 


Outside a trading venue




 
 
 
 
 
 
 
 
 
 
 
 
For further information, please contact: 
 




XLMedia plc


ir@xlmedia.com




Stuart Simms, Chief Executive Officer


 




www.xlmedia.com 


 




 


 




Vigo Communications


Tel: 020 7390 0233




Jeremy Garcia


 




www.vigocomms.com


 




 


 




Cenkos Securities plc (Nomad and Joint broker)


Tel: 020 7397 8900




Giles Balleny / Max Gould


 




www.cenkos.com 


 




 


 




Berenberg (Joint broker)


Tel: 020 3207 7800




Chris Bowman / Mark Whitmore / Simon Cardron


 




www.berenberg.com 


 




 
Notes:
XLMedia is a leading global digital performance publisher. Operating globally across a variety of verticals including online gambling, personal finance, sports and technology, the Group uses proprietary tools and methodologies to identify and target high value clients for platform operators.
XLMedia has a clear transformation strategy, which will enable it to shape the future of the performance publishing industry.  As previously communicated, the Company has set three Strategic Goals:
·    Consolidation of publishing assets
o  The Company will consolidate its range of publishing assets, focusing its resources on a core set of premium sites in its chosen markets.  XLMedia will seek to build stronger relationships with consumers through content-rich, engaging websites, underpinned by intelligent market-leading technology which enhances the yield from each interaction.  This rebalancing of the portfolio will be supported by organic investment, disposals and acquisitions.
·    Investment in US Sports and Personal Finance
o  XLMedia has identified North America as a core target market, where it has already established a solid foothold in Personal Finance, led by content-rich websites which are gaining traction.  The Company will seek to further develop its Personal Finance presence and significantly increase its investment in the burgeoning US Sports market through partnerships and acquisitions.
·    Further Investment in regulated markets
o  The Company is seeking to generate an increasing proportion of its revenue from more stable, regulated markets, both within current serviced verticals, such as gambling and personal finance and, over time, within additional target segments, where its core skills and scale can provide competitive advantage.
 
 


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