Last checked at 28 Mar 2017 07:10
28 March 2017
FOR IMMEDIATE RELEASE
XLMedia PLC
("XLMedia" or "the Company")
Change in Director's disclosable interest
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, today announces that following the sale by Webpals Enterprises Partnership Limited ("WELP") announced earlier today, the disclosable interest in the Company of Ory Weihs, Chief Executive Officer, has changed. Due to Mr. Weihs' indirect economic interest in WELP (but with no voting rights attaching to), the sale by WELP has reduced his indirect holding in the Company by 4,474,006 ordinary shares.
In addition, Mr. Weihs purchased 1,000,000 ordinary shares in the Company directly.
As a result of the transactions above, which were completed at 110 pence per share, Mr. Weihs' interest is now 3,650,000 ordinary shares (approximately 1.82% of the Company), which are all held directly.
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Mr. Ory Weihs | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | CEO and Director / PDMR | ||||||
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
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a)
| Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of US0.000001
JE00BH6XDL31 | ||||||
b)
| Nature of the transaction
| Sale of indirect economic interest and direct purchase of shares | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price
|
| ||||||
e) | Date of the transaction | 28 March 2017 | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
For further information, please contact:
XLMedia plc Ory Weihs www.xlmedia.com
| Tel: 020 8817 5283 |
Vigo Communications Jeremy Garcia / Fiona Henson www.vigocomms.com
| Tel: 020 7830 9700 |
Cenkos Securities plc (Nomad and Joint Broker) Ivonne Cantu / Camilla Hume www.cenkos.com
| Tel: 020 7397 8900 |
Berenberg (Joint Broker) Chris Bowman / Mark Whitmore / Amritha Murali www.berenberg.com | Tel: 020 3207 7800 |