XLMedia PLC Change in Director's disclosable interest (9634V)
February 03 2017 - 1:50AM
UK Regulatory
TIDMXLM
RNS Number : 9634V
XLMedia PLC
03 February 2017
3 February 2016 FOR IMMEDIATE RELEASE
XLMedia PLC
("XLMedia" or "the Company")
Change in Director's disclosable interest
XLMedia (AIM: XLM), a leading provider of digital performance
marketing services, today announces that following the sale of
shares by Webpals Enterprises Partnership Limited ("WELP")
announced earlier today, the disclosable interest in the Company of
Ory Weihs, Chief Executive Officer, has been reduced. This change
results from Mr. Weihs' indirect economic interest in (with no
voting rights attaching to) WELP.
As a result of the transaction, which was completed at 100 pence
per share, Mr. Weihs' interest has reduced by 3,973,333 ordinary
shares to 6,834,423 (approximately 3.41% of the Company), of which
2,360,417 ordinary shares (approximately 1.18% of the Company's
issued share capital) are held directly and 4,474,006
(approximately 2.23% of the Company's issued share capital) relate
to his interest in WELP. Mr. Weihs also continues to hold options
over 179,583 ordinary shares in the Company.
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 NA
--- ------------------------ ------------------------------
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 Sale of indirect economic
transaction interest
--- ------------------------ ------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------
100 pence 3,973,333
----------- ----------
--- ------------------------ ------------------------------
d) Aggregated information
NA
- Aggregated
volume
- Price
--- ------------------------ ------------------------------
e) Date of the transaction 2 February 2017
--- ------------------------ ------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------ ------------------------------
For further information, please contact:
XLMedia plc Tel: 020 8817 5283
Ory Weihs
www.xlmedia.com
Vigo Communications Tel: 020 7830 9700
Jeremy Garcia / Fiona Henson
www.vigocomms.com
Cenkos Securities plc (Nomad and Joint Broker) Tel: 020 7397 8900
Ivonne Cantu / Camilla Hume
www.cenkos.com
Berenberg (Joint Broker) Tel: 020 3207 7800
Chris Bowman / Mark Whitmore / Amritha Murali
www.berenberg.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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