Remuneration Information • Jul 6, 2020
Remuneration Information
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RNS Number : 1588S
XLMedia PLC
06 July 2020
6 July 2020
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 3,982,848 ordinary shares in the Company under the XLMedia 2020 Global Share Incentive Plan (the "Awards"). The Awards represent 2.128% of the currently issued share capital of the Company.
The Awards were granted to persons discharging managerial responsibilities ("PDMRs") and are summarised below:
| Employee | Role | Award Type | Number of shares subject to the Award |
| Iain Balchin | Group CFO | PSU Award | 1,166,667 |
| Sarah Clark | Chief Operating Officer | RSU Award | 916,668 |
| Michal Badhav | Group General Counsel | RSU Award | 672,133 |
| Ziv Eizenberg | Chief People Officer | RSU Award | 642,914 |
| Inbal Winner | General Manager Europe | RSU Award | 584,466 |
Both the RSU Award and 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 RSU Awards, which have been granted to employees who are not members of the Company's board of directors, vest over three years. Clawback and malus provisions apply to the Awards.
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 | Iain Balchin |
| 2 | Reason for the notification | |
| a) | Position/status | |
| 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) | 1,166,667 at a nil price per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A single transaction |
| e) | Date of the transaction | 6 July 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Sarah Clark |
| 2 | Reason for the notification | |
| a) | Position/status | |
| 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) | 916,668 at a nil price per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A single transaction |
| e) | Date of the transaction | 6 July 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Michal Badhav |
| 2 | Reason for the notification | |
| a) | Position/status | |
| 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) | 672,133 at a nil price per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A single transaction |
| e) | Date of the transaction | 6 July 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Ziv Eizenberg |
| 2 | Reason for the notification | |
| a) | Position/status | |
| 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) | 642,914 at a nil price per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A single transaction |
| e) | Date of the transaction | 6 July 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Inbal Winner |
| 2 | Reason for the notification | |
| a) | Position/status | |
| 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) | 584,466 at a nil price per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A single transaction |
| e) | Date of the transaction | 6 July 2020 |
| f) | Place of the transaction | Outside a trading venue |
For further information, please contact:
| XLMedia plc | [email protected] |
| Stuart Simms, Chief Executive Officer | |
| www.xlmedia.com | |
| Vigo Communications | Tel: 020 7390 0233 |
| Jeremy Garcia | |
| www.vigocomms.com | |
| Cenkos Securities plc (Nomad and Joint broker) | Tel: 020 7397 8900 |
| Giles Balleny / Max Gould | |
| www.cenkos.com | |
| Berenberg (Joint broker) | Tel: 020 3207 7800 |
| Chris Bowman / Mark Whitmore / Simon Cardron | |
| www.berenberg.com |
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. As previously communicated, the Company has set three Strategic Goals:
· Consolidation of publishing assets
o The Company will consolidate its range of publishing assets, focusing its resources on a core set of premium sites in its chosen markets. XLMedia will seek to build stronger relationships with consumers through content-rich, engaging websites, underpinned by intelligent market-leading technology which enhances the yield from each interaction. This rebalancing of the portfolio will be supported by organic investment, disposals and acquisitions.
· Investment in US Sports and Personal Finance
o XLMedia has identified North America as a core target market, where it has already established a solid foothold in Personal Finance, led by content-rich websites which are gaining traction. The Company will seek to further develop its Personal Finance presence and significantly increase its investment in the burgeoning US Sports market through partnerships and acquisitions.
· Further Investment in regulated markets
o The Company is seeking to generate an increasing proportion of its revenue from more stable, regulated markets, both within current serviced verticals, such as gambling and personal finance and, over time, within additional target segments, where its core skills and scale can provide competitive advantage.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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