IN BRIEF: XLMedia plans GBP11 million tender offer

XLMedia PLC - London-based sports digital media company - Plans to return GBP11 million to shareholders via tender offer at 11 pence per share. Following the tender offer, XLMedia does not expect to make any further distributions of capital to shareholders prior to the planned suspension of the shares on AIM, expected on May 14 2025.

Current stock price: 10.00 pence, up 5.3% in London on Friday

12-month change: down 18%

By Jeremy Cutler, Alliance News reporter

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