XLMedia PLC Director and PDMR Share Dealing (0964A)

TIDMXLM

RNS Number : 0964A

XLMedia PLC

21 March 2017

 
For immediate release  21 March 2017 
 

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 21 March, 2017, Ory Weihs, Chief Executive Officer, exercised options over 83,333 ordinary shares in the Company (the "Options"), being all the options he held 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 83,333 options were exercised at a price of 49p each resulting in the receipt by the Company of an aggregate amount of GBP40,834.

Following the exercise of the Options, Mr. Weihs holds 7,124,006 shares representing 3.56% of the Company's existing issued share capital, of which 2,650,000 ordinary shares (approximately 1.32% 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.

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 2,079,896 ordinary shares in the Company representing 1.04% 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      Initial 
       /Amendment 
---  ------------------------  ------------------------------ 
 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            Ordinary Shares of US0.000001 
       the financial 
       instrument, type 
       of instrument 
                                 JE00BH6XDL31 
       Identification 
       code 
---  ------------------------  ------------------------------ 
 b)   Nature of the             Exercise of Options pursuant 
       transaction               to The Group Incentive Plan 
---  ------------------------  ------------------------------ 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------- 
                                   GBP0.49     83,333 
                                  ----------  ---------- 
---  ------------------------  ------------------------------ 
 d)   Aggregated information    N/A 
       - Aggregated 
       volume 
       - Price 
---  ------------------------  ------------------------------ 
 e)   Date of the transaction   March 21, 2017 
---  ------------------------  ------------------------------ 
 f)   Place of the              London Stock Exchange 
       transaction 
---  ------------------------  ------------------------------ 
 

For further information, contact:

 
 XLMedia plc Ory Weihs www.xlmedia.com   Tel: [phone] 
  Vigo Communications Jeremy Garcia       Tel: [phone] 
   / Fiona Henson www.vigocomms.com 
  Cenkos Securities plc (Nomad            Tel: [phone] 
   and Joint Broker) Ivonne Cantu 
   / Camilla Hume www.cenkos.com 
  Berenberg (Joint Broker) Chris          Tel: [phone] 
   Bowman / Mark Whitmore / Amritha 
   Murali www.berenberg.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHOKDDNNBKDFNB

(END) Dow Jones Newswires

March 21, 2017 09:45 ET (13:45 GMT)