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XLMedia PLC announced on 24 February 2025 the sale of shares by several directors and PDMRs under a Tender Offer completed on 17 February 2025, with all shares sold at 11.5p each. Marcus Rich sold 46,865 shares (resulting in 0.03% ownership), Ory Weihs sold 4,284,727 shares (2.69% ownership), David King sold 52,980 shares (0.03% ownership), and Julie Markey sold 33,411 shares (0.02% ownership). Additionally, Premier Investissement SAS, associated with Director Cédric Boireau, sold 38,928,944 shares and now owns 24.50% (34,549,623 ordinary shares) of the Company.
| Date | 24 Feb 2025 |
| Time | 15:31:02 |
| Category | Director/PDMR dealings |
| ID | 2522Y |
24 February 2025
XLMedia PLC
("XLMedia" or the "Group" or the "Company" or the "Business")
PDMR Dealings
Following the recent Tender Offer, under which several of the Company's PDMRs tendered their shares, the Company accounces the sale of shares by directors/PDMRs as follows:
|
Director/PDMR |
No. of Shares Tendered/Sold |
Resulting Shareholding |
Shareholding % of ISC |
|
Marcus Rich |
46,865 |
41,593 |
0.03% |
|
Ory Weihs |
4,284,727 |
3,802,717 |
2.69% |
|
David King |
52,980 |
47,020 |
0.03% |
|
Julie Markey |
33,411 |
29,653 |
0.02% |
Note that Cédric Boireau, a Director of the Company has no personal interest in the shares of XLMedia, however he is an advisor to Premier Investissement SAS, which, as announced on 18 February 2025 following the completion of the recent Tender Offer, owns 24.50% of the Company's shares (34,549,623 ordinary shares).
Further details of the sales are included in the notifications below, made in accordance with the requirements of the UK Market Abuse Regulation.
Terms used in this announcement have the same meaning as in the Circular. The Circular can be viewed on, and downloaded from, the Company's website at https://www.xlmedia.com/investors/tender-offer/
For further information, please contact:
|
XLMedia plc David King, Chief Executive Officer
|
|
|
Cavendish Capital Markets Limited (Nomad and Broker) Giles Balleny / Callum Davidson / Hamish Waller (Corporate Finance) Charlie Combe (Corporate Broking) |
Tel: 020 7220 0500 |
About XLMedia
XLMedia (AIM: XLM) has recently disposed of its sports and gaming digital media operations.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name
|
Marcus Rich
|
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status
|
Non-Executive Chairman, 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 |
Ordinary shares of USD0.000001 each in XLMedia PLC
ISIN of ordinary shares: JE00BH6XDL31 |
||||
|
b) |
Nature of the transaction |
Sale of shares under the Tender Offer |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price |
N/A single transaction |
||||
|
e) |
Date of the transaction |
17 February 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name
|
Ory Weihs
|
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status
|
Non-Executive Director, 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 |
Ordinary shares of USD0.000001 each in XLMedia PLC
ISIN of ordinary shares: JE00BH6XDL31 |
||||
|
b) |
Nature of the transaction |
Sale of shares under the Tender Offer |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price |
N/A single transaction |
||||
|
e) |
Date of the transaction |
17 February 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name
|
Cédric Boireau (Premier Investissement SAS) |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status
|
Non-Executive Director, 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 |
Ordinary shares of USD0.000001 each in XLMedia PLC
ISIN of ordinary shares: JE00BH6XDL31 |
||||
|
b) |
Nature of the transaction |
Sale of shares under the Tender Offer |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price |
N/A single transaction |
||||
|
e) |
Date of the transaction |
17 February 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name
|
David King |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status
|
Chief Executive Officer, 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 |
Ordinary shares of USD0.000001 each in XLMedia PLC
ISIN of ordinary shares: JE00BH6XDL31 |
||||
|
b) |
Nature of the transaction |
Sale of shares under the Tender Offer |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price |
N/A single transaction |
||||
|
e) |
Date of the transaction |
17 February 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name
|
Julie Markey
|
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status
|
Independent Non-Executive Director, 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 |
Ordinary shares of USD0.000001 each in XLMedia PLC
ISIN of ordinary shares: JE00BH6XDL31 |
||||
|
b) |
Nature of the transaction |
Sale of shares under the Tender Offer |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price |
N/A single transaction |
||||
|
e) |
Date of the transaction |
17 February 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||