REG - XLMedia PLC - Suspension of Trading

XLMediaAnnouncement

Today 07:00

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RNS Number : 5298I  XLMedia PLC  14 May 2025

14 May 2025
 
For immediate release

 

XLMedia PLC

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

 

Suspension of Trading

Trading in the Company's Ordinary Shares on AIM will be suspended with effect
from 7.30am today (the "Suspension"). As previously announced, the Company
became an AIM Rule 15 Cash Shell on 13 November 2024 with no material trading
business, activities and assets other than the cash proceeds from the
Disposals. Following completion of the recent Tender Offer and distribution of
the cash proceeds, with six months having elapsed since the Company became an
AIM Rule 15 Cash Shell, the Suspension will take effect today in accordance
with AIM Rule 15, as planned.

The Company will make a further announcement in due course regarding the
proposed cancellation of its Ordinary Shares to trading on AIM, in accordance
with the Company's wind-down of the business and ultimate liquidation.

Unless otherwise defined, capitalised terms used in this announcement have the
same meaning as in the Company's announcement dated 11 April 2025.

For further information, please contact:

 XLMedia plc                                                            ir@xlmedia.com

 David King, Chief Executive Officer

 Peter McCall, Director and Company Secretary

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

 Cavendish Capital Markets Limited (Nomad and Broker)                  Tel: 020 7220 0500

 Giles Balleny / Callum Davidson / Hamish Waller (Corporate Finance)

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

About XLMedia

XLMedia (AIM: XLM) has recently disposed of its sports and gaming digital
media operations.

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