REG - XLMedia PLC - Statement re Share Price Movement
RNS Number : 6318DXLMedia PLC10 October 2018
For immediate release
10 October 2018
XLMedia PLC
("XLMedia" or the "Group" or the "Company")
Statement re Share Price Movement
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, notes the recent share price movement and confirms it knows of no operational or corporate reason for the movement.
The Company continues to trade in line with market expectations for the year ending 31 December 2018, has a material cash balance and continues to generate strong cash flows from operations. The Company's strategy remains to grow the business both through organic and acquisitive growth.
For further information, please contact:
XLMedia plc
Ory Weihs
www.xlmedia.com
Via Vigo Communications
Vigo Communications
Jeremy Garcia / Fiona Henson
www.vigocomms.com
Tel: 020 7390 0230
Cenkos Securities plc (Nomad and Joint Broker)
Mark Connelly / Callum Davidson
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 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 or visit www.rns.com.ENDSPMXBLFFVBFLFBF
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