XLMedia PLC Director and PDMR Share Dealing (7535H)

TIDMXLM

RNS Number : 7535H

XLMedia PLC

14 March 2018

 
For immediate release  14 March 2018 
 

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 14 March 2018:

Yehuda Dahan, Chief Financial Officer and Director of the Company, exercised options over 56,250 ordinary shares in the Company ("Mr. Dahan's Options"), being all the vested options that he currently holds in XLMedia; and

Inbal Lavi, CEO of the Company's subsidiary (Webpals Systems S.C Ltd), exercised options over 150,000 ordinary shares in the Company (the "Mrs. Lavi's Options"), being all the vested options that she currently holds in XLMedia.

The decision to exercise options reflects Mr. Dahan and Mrs. Lavi's confidence and commitment to XLMedia and they will not be selling shares as part of the transaction.

Mr. Dahan's Options were exercised at a price of GBP0.49 each resulting in the receipt by the Company of an aggregate amount of GBP27,562.50.

Following the exercise of Mr. Dahan's Options, Mr. Dahan holds 56,250 shares representing 0.03% of the Company's existing issued share capital.

Mrs. Lavi's Options were exercised at a price of GBP0.49 each resulting in the receipt by the Company of an aggregate amount of GBP73,500.

Following the exercise of Mrs. Lavi's Options, Mrs. Lavi holds 495,372 shares representing 0.22% of the Company's existing issued share capital.

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 4,600,247 ordinary shares in the Company representing 2.09% of the Company's issued share capital.

Following the exercise of the Options the total number of Ordinary Shares in the Company remains at 220,352,402 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

 
       Details of the person discharging managerial 
   1    responsibilities / person closely associated 
----  -------------------------------------------------------- 
 a)    Name                      Mr. Yehuda Dahan 
----  ------------------------  ------------------------------ 
 2     Reason for the notification 
----  -------------------------------------------------------- 
 a)    Position/status           CFO 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     56,250 
                                   ----------  ---------- 
----  ------------------------  ------------------------------ 
 d)    Aggregated information    N/A 
        - Aggregated 
        volume 
        - Price 
----  ------------------------  ------------------------------ 
 e)    Date of the transaction   March 14, 2018 
----  ------------------------  ------------------------------ 
 f)    Place of the              London Stock Exchange 
        transaction 
----  ------------------------  ------------------------------ 
 
 
       Details of the person discharging managerial 
   1    responsibilities / person closely associated 
----  -------------------------------------------------------- 
 a)    Name                      Mrs Inbal Lavi 
----  ------------------------  ------------------------------ 
 2     Reason for the notification 
----  -------------------------------------------------------- 
 a)    Position/status           CEO of subsidiary / 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     150,000 
                                   ----------  ---------- 
----  ------------------------  ------------------------------ 
 d)    Aggregated information    N/A 
        - Aggregated 
        volume 
        - Price 
----  ------------------------  ------------------------------ 
 e)    Date of the transaction   March 14, 2018 
----  ------------------------  ------------------------------ 
 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) Camilla Hume 
   / Mark Connelly www.cenkos.com 
  Berenberg (Joint Broker) Chris              Tel: [phone] 
   Bowman / Mark Whitmore www.berenberg.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 14, 2018 12:09 ET (16:09 GMT)