XLM Xlmedia Plc

TIDMXLM

RNS Number : 8138C

XLMedia PLC

21 January 2015

 
  21 January 2015 
 

XLMedia PLC

("XLMedia" or "the Group" or "the Company")

Grant of Options

XLMedia (AIM: XLM), a leading provider of digital performance marketing services, announces that it has today granted, pursuant to The Group Share Incentive Plan, share options over 630,000 ordinary shares of USD0.000001 each in the capital of the Company to certain directors of the Company. The share options are exercisable at 57.75 pence, being today's closing mid-market price. The options will vest quarterly in 12 equal tranches over the next 3 years and will cease to be exercisable in eight years.

Details of the share options granted are as follows:

 
 
                                            Options Granted 
 
Christopher Bell, Non-Executive Chairman            270,000 
Richard Rosenberg, Non-Executive Director           180,000 
Alicia Rotbard, Non-Executive Director              180,000 
 
 

Following the grant of share options as detailed above, the total number of vested and unvested share options outstanding is 12,120,250.

This grant is in line with and part of the Company's stated share incentive policy to attract and retain talent.

For further information, contact:

 
 XLMedia plc Ory Weihs www.xlmedia.com         Tel: 020 8817 5283 
 Vigo Communications Jeremy Garcia / Fiona     Tel: 020 7016 9570 
  Henson www.vigocomms.com 
 Cenkos Securities plc Ivonne Cantu / Callum   Tel: 020 7397 8900 
  Davidson 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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