12 May 2023
XLMedia PLC
("XLMedia" or the "Company")
Grant of Share Awards
XLMedia (AIM: XLM), a leading global digital media company, announces that on 11 May 2023 it granted share awards over a total of 6,850,000 ordinary shares in the Company ("Shares") under the XLMedia 2020 Global Share Incentive Plan (the "Awards").
The Awards were granted to a director and persons discharging managerial responsibilities ("PDMR") and are summarised below:
| Employee | Role | Award Type | Number of Shares subject to the Award |
| David King | Chief Executive Officer | PSU Award | 1,700,000 |
| Caroline Ackroyd | Chief Financial Officer | PSU Award | 1,250,000 |
| Elizabeth Carter | Chief Marketing Officer | PSU Award | 800,000 |
| Kevin Duffey | President of North America Sports | PSU Award | 1,000,000 |
| Nigel Leigh | Chief Information Officer | PSU Award | 800,000 |
| Karen Tyrrell | Chief People and Operations Officer | PSU Award | 1,000,000 |
| Peter McCall | Company Secretary and General Counsel | PSU Award | 300,000 |
The Awards are contingent rights to acquire Shares as part of a share incentive scheme for no consideration with the purpose of encouraging the retention of key talent. The Awards are subject to a three-year performance period, with vesting subject to the achievement of two conditions: (a) performance measured by reference to total shareholder return over the performance period as compared to the constituents of the FTSE AIM 100 index, and (b) performance measured by reference to targets for the Company's adjusted Share price at the end of the three-year period. The awards to David King and Caroline Ackroyd are additionally subject to a two-year holding period following the date of vesting.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further details.
| 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 |
| 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)
| 1,700,000 at a nil price per share |
| d) | Aggregated information
- Aggregated volume
- Price | N/A single transaction |
| e) | Date of the transaction | 11 May 2023 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name
| Caroline Ackroyd
|
| 2 | Reason for the notification | |
| a) | Position/status
| Chief Financial Officer |
| 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)
| 1,250,000 at a nil price per share |
| d) | Aggregated information
- Aggregated volume
- Price | N/A single transaction |
| e) | Date of the transaction | 11 May 2023 |
| f) | Place of the transaction | Outside a trading venue |
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For further information, please contact:
| XLMedia plc David King, Chief Executive Officer Caroline Ackroyd, Chief Financial Officer
|
via Vigo Consulting |
| Vigo Consulting Jeremy Garcia / Fiona Hetherington / Kendall Hill
| Tel: 020 7390 0233 |
| Cenkos Securities plc (Nomad and Broker) Giles Balleny / Max Gould
| Tel: 020 7397 8900 |
About XLMedia:
XLMedia (AIM: XLM) is a leading global digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers.
The Group manages a portfolio of premium brands with a primary emphasis on Sports and Gaming in regulated markets. XLMedia brands are designed to reach passionate people with the right content at the right time.
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