Last checked at 13 Mar 2017 07:00
For immediate release |
XLMedia PLC
("XLMedia" or "the Group" or "the Company")
Director and PDMR Share Dealing
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, has been informed that on 10 March 2017 Ory Weihs, Chief Executive Officer, exercised options over 96,250 ordinary shares in the Company (the "Options"), being all the vested options he currently holds in XLMedia.
The decision to exercise options reflects Mr. Weihs' confidence and commitment to XLMedia and he will not be selling shares as part of the transaction.
The 96,250 options were exercised at a price of 15.4 cent each resulting in the receipt by the Company of an aggregate amount of 12,171 GBP.
Following the exercise of the Options, Mr. Weihs holds 6,930,673 shares representing 3.46% of the Company's existing issued share capital, of which 2,456,667 ordinary shares (approximately 1.23% of the Company's issued share capital) are held directly and 4,474,006 ordinary shares (approximately 2.23% of the Company's issued share capital) are held through an indirect economic interest in (but with no voting rights attaching to) such ordinary shares which are held by Webpals Enterprises Limited. Mr. Weihs continues to hold options over 83,333 ordinary shares in the Company.
The exercise of the Options is being satisfied by the transfer of shares from the Tamir Fishman Trusts 2004 Ltd ("Tamir Fishman"), the appointed trustee for the Company's Global Share Incentive Plan. Following the transfer of shares Tamir Fishman holds 2,176,229 ordinary shares in the Company representing 1.09% of the Company's issued share capital.
Following the exercise of the Options the total number of Ordinary Shares in the Company remains at 200,352,402 and this is the figure which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules set out in the Company's articles of association.
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 | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of US0.000001
JE00BH6XDL31 | ||||
b) | Nature of the transaction | Exercise of Options pursuant to The Group Incentive Plan | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | March 10, 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
For further information, contact:
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