XLMedia PLC Announcement of Dividend (5150M)
21 Janeiro 2016 - 5:00AM
UK Regulatory
TIDMXLM
RNS Number : 5150M
XLMedia PLC
21 January 2016
For immediate release 21 January 2016
XLMedia PLC
("XLMedia" or "the Company")
ANNOUNCEMENT OF DIVIDEND
Continued strong financial performance underpins progressive
dividend policy
XLMedia (AIM: XLM), a leading provider of digital performance
marketing services, is pleased to announce that the board has
declared a dividend payment of US $5 million or 2.4956 cents per
share for the year ended 31 December 2015. This totals full year
2015 dividends of 5.096 cents per share.
The dividend is paid following the strong performance of the
Company in 2015 which is expected to deliver adjusted EBITDA of at
least $28.2 million, as announced in the Company's trading update
on 19 January 2016.
According to the Company's policy of paying out at least 50 per
cent. of the retained earnings in any financial year by way of
dividend, this payment indicates the Board's confidence in the
business. The dividend will be paid on 26 February 2016, to
shareholders on the register as at 29 January 2016.
Chris Bell, XLMedia Chairman commented:
"We are happy to announce another dividend to our shareholders,
according to our progressive dividend policy. The Board is pleased
with the 2015 performance and is confident in the continued growth
and outlook for the Company."
For further information, contact:
XLMedia plc Tel: 020 8817 5283
Ory Weihs
ir@xlmedia.com
www.xlmedia.com
Vigo Communications Tel: 020 7016 9570
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
Liberum (Joint Broker) Tel: 020 3100 2000
Neil Patel / Chris Clarke
www.liberum.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 21, 2016 02:00 ET (07:00 GMT)
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