Last checked at 1 Feb 2018 07:00
1 February 2018
XLMedia PLC
("XLMedia" or "the Company")
Grant of Options
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, announces that on 31th January 2018 it granted, pursuant to The Group Share Incentive Plan, share options to certain PDMRs and employees over 3,000,000 ordinary shares of USD0.000001 each in the capital of the Company ("Share Options").
This grant of the Share Options is in line with and part of the Company's stated share incentive policy to attract and retain talent.
The Share Options that were granted include the following:
Position | Number of Share Options Granted | Total options held in Company following grant | |
Mr Ory Weihs | Group CEO | 900,000 | 900,000 |
Ms Inbal Lavi | CEO of subsidiary | 750,000 | 900,000 |
Ms Liat Hellman | CFO of subsidiary | 300,000 | 348,750 |
Mr Yehuda Dahan | Group CFO | 300,000 | 356,250 |
The Share Options are exercisable at 201.8p per share, which represents the average closing mid-market price for the last 30 trading days' preceding yesterday's grant of the Share Options. The Share Options will vest in tranches equivalent to 25 per cent. on the first anniversary of the grant, 25 per cent. on the second anniversary, with the remainder subsequently vesting in equal measures every quarter during the third and fourth years following grant. All Share Options will cease to be exercisable after eight years following yesterday's grant.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the transaction.
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name
| 1) Mr Ory Weihs 2) Ms Inbal Lavi 3) Ms Liat Hellman 4) Mr Yehuda Dahan
|
2 | Reason for the notification | |
a) | Position/status
| 1) Group CEO and PDMR 2) CEO of subsidiary and PDMR 3) CFO of subsidiary & PDMR 4) Group CFO & 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
| Options over ordinary shares of USD0.000001 each
ISIN of ordinary shares: JE00BH6XDL31 |
b) | Nature of the transaction
| Grant of Options over ordinary shares of USD0.000001 in XLMedia PLC each at an exercise price of 201.80p per share |
c) | Price(s) and volume(s)
|
Price(s) Volume(s) 1) Exercise price of 201.80p per share 2) Exercise price of 201.80p per share 3) Exercise price of 201.80p per share 4) Exercise price of 201.80p per share 1) 900,000
2) 750,000
3) 300,000
4) 300,000
|
d) | Aggregated information
- Aggregated volume
- Price
|
2,250,000
201.80p per share
|
e) | Date of the transaction
| 5 January 2018 |
f) | Place of the transaction
| Outside a trading venue |
For further information, contact:
XLMedia plc Ory Weihs www.xlmedia.com | Tel: 020 8817 5283 |
Vigo Communications Jeremy Garcia / Fiona Henson / Kate Rogucheva www.vigocomms.com | Tel: 020 7830 9703 |
Cenkos Securities plc (Nomad and Joint Broker) Camilla Hume / Mark Connelly www.cenkos.com | Tel: 020 7397 8900 |
Berenberg (Joint Broker) Chris Bowman / Mark Whitmore www.berenberg.com | Tel: 020 3207 7800 |