26 March 2021
XLMedia PLC
("XLMedia" or the "Company")
Grant of Share Awards
XLMedia (AIM: XLM), a global digital performance publisher, announces that it has today granted share awards over a total of 470,977 ordinary shares in the Company under the XLMedia 2020 Global Share Incentive Plan (the "Awards"). The Awards represent 0.22% of the currently issued share capital of the Company.
The Awards were granted to a person discharging managerial responsibilities ("PDMR") and are summarised below:
| Employee | Role | Award Type | Number of shares subject to the Award |
| Ken Dorward | President ROW | PSU Award | 470,977 |
The PSU Award are contingent rights to acquire shares for no consideration. The PSU Award is subject to a three-year performance period, with vesting subject to the achievement of performance measured by reference to total shareholder return over the performance period as compared to the FTSE AIM 100, followed by a two-year holding period.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name
| Ken Dorward
|
| 2 | Reason for the notification | |
| a) | Position/status
| President ROW |
| 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 | Contingent share awards over ordinary shares of USD0.000001 each in XLMedia PLC under the XLMedia 2020 Global Share Incentive Plan
ISIN of ordinary shares: JE00BH6XDL31 |
| b) | Nature of the transaction | Grant of contingent share awards |
| c) | Price(s) and volume(s)
| 470,977 at a nil price per share |
| d) | Aggregated information
- Aggregated volume
- Price | N/A single transaction |
| e) | Date of the transaction | 25 March 2021 |
| f) | Place of the transaction | Outside a trading venue |
For further information, please contact:
| XLMedia plc Stuart Simms, Chief Executive Officer Iain Balchin, Chief Financial Officer Kieran McKinney, Investor Relations
| |
| Vigo Communications Jeremy Garcia
| Tel: 020 7390 0233 |
| Cenkos Securities plc (Nomad and Joint Broker) Giles Balleny / Max Gould
| Tel: 020 7397 8900 |
| Berenberg (Joint Broker) Mark Whitmore / James White / Tejas Padalkar | Tel: 020 3207 7800 |
| | |
Notes:
XLMedia is a leading global digital performance publisher. Operating globally across a variety of verticals including online gambling, personal finance, sports and technology, the Group uses proprietary tools and methodologies to identify and target high value clients for platform operators.
XLMedia has a clear transformation strategy, which will enable it to shape the future of the performance publishing industry. The Company has set out a clear strategic agenda under two fundamental priorities:
· A balanced portfolio of online assets
o XLMedia seeks to create a balanced portfolio of websites to cover a range of attractive geographies, both stable and high-growth verticals and with greater exposure to regulated markets. In doing so, the Company will focus particularly on developing our presence in North American sports, primarily through targeted acquisition.
· Branded, content-rich, engaging websites
o XLMedia will consolidate its online portfolio, concentrating on a much smaller number of publishing assets, and focusing its resources on optimising this core set of premium sites for its chosen markets. These content-rich, engaging websites, underpinned by intelligent market-leading technology, will seek to build stronger lasting relationships with consumers and enhance monetisation opportunities.
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