10 Oct 2018 14:23
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 |
Xlmedia (XLM)