REG - XLMedia PLC - Grant of Share Awards

XLMediaAnnouncement

26/03/2021 07:00

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RNS Number : 6223T  XLMedia PLC  26 March 2021

26 March 2021

 

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 470,977 ordinary shares in the
Company under the XLMedia 2020 Global Share Incentive Plan (the "Awards"). The
Awards represent 0.22% of the currently issued share capital of the Company.

 

The Awards were granted to a person discharging managerial responsibilities
("PDMR") and are summarised below:

 

 Employee     Role           Award Type  Number of shares subject to the Award
 Ken Dorward  President ROW  PSU Award   470,977

 

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 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                                                         Ken Dorward

 2   Reason for the notification
 a)  Position/status                                               President ROW

 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  Contingent share awards over ordinary shares of USD0.000001 each in XLMedia

                                                            PLC under the XLMedia 2020 Global Share Incentive Plan

     Identification code

                                                                  ISIN of ordinary shares:  JE00BH6XDL31
 b)  Nature of the transaction                                    Grant of contingent share awards
 c)  Price(s) and volume(s)                                       470,977 at a nil price per share

 d)  Aggregated information                                       N/A single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      25 March 2021
 f)  Place of the transaction                                     Outside a trading venue

 

 

For further information, please contact:

 

 XLMedia plc                                     ir@xlmedia.com (mailto:ir@xlmedia.com)

 Stuart Simms, Chief Executive Officer

 Iain Balchin, Chief Financial Officer

 Kieran McKinney, Investor Relations

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

 Vigo Communications                             Tel: 020 7390 0233

 Jeremy Garcia

 www.vigocomms.com (http://www.vigocomms.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 / James White / Tejas Padalkar

 www.berenberg.com (http://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.  The Company has set out a
clear strategic agenda under two fundamental priorities:

·    A balanced portfolio of online assets

o  XLMedia seeks to create a balanced portfolio of websites to cover a range
of attractive geographies, both stable and high-growth verticals and with
greater exposure to regulated markets.  In doing so, the Company will focus
particularly on developing our presence in North American sports, primarily
through targeted acquisition.

·    Branded, content-rich, engaging websites

o  XLMedia will consolidate its online portfolio, concentrating on a much
smaller number of publishing assets, and focusing its resources on optimising
this core set of premium sites for its chosen markets.  These content-rich,
engaging websites, underpinned by intelligent market-leading technology, will
seek to build stronger lasting relationships with consumers and enhance
monetisation opportunities.

 

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