TIDMXLM
RNS Number : 4981O
XLMedia PLC
09 February 2016
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: XLMedia Plc
--------------------------------------------------------------------------------------------- ----------------
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): N/A
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
--------------------------------------------------------------------------------------------- ----------------
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: XLMedia Plc
Use a separate form for each offeror/offeree
--------------------------------------------------------------------------------------------- ----------------
(d) Is the discloser the offeror or the offeree? Offeree
--------------------------------------------------------------------------------------------- ----------------
(e) Date position held: 8 February 2016
The latest practicable date prior to the disclosure
--------------------------------------------------------------------------------------------- ----------------
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect No
of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
--------------------------------------------------------------------------------------------- ----------------
2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in
more than one class of relevant securities of the offeror or
offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for
each additional class of relevant security.
(a) Interests and short positions in the relevant securities of
the offeror or offeree to which the disclosure relates
Class of relevant security: Ordinary Shares of US $0.000001 each
------------------------------------------------------------------------ --------------------------------------------
Interests Short positions
------------------------------------------------------------------------ ----------------------- -------------------
Number % Number %
------------------------------------------------------------------------ ----------------- ---- -------------- ---
(1) Relevant securities owned and/or controlled: Nil 0 Nil 0
------------------------------------------------------------------------ ----------------- ---- -------------- ---
(2) Cash-settled derivatives: Nil 0 Nil 0
------------------------------------------------------------------------ ----------------- ---- -------------- ---
(3) Stock-settled derivatives (including options) and agreements to
purchase/sell: Nil 0 Nil 0
------------------------------------------------------------------------ ----------------- ---- -------------- ---
TOTAL: Nil 0 Nil 0
------------------------------------------------------------------------ ----------------- ---- -------------- ---
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists: None
---------------------------------------------------------------------------- -----
Details, including nature of the rights concerned and relevant percentages: N/A
---------------------------------------------------------------------------- -----
3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and
other employee options) of any person acting in concert with the party to the offer making
the disclosure:
----------------------------------------------------------------------------------------------------
The Directors of XLMedia Plc (the "Company") have the following interests in the Company:
Director No. of ordinary % of issued
shares share capital
------------------- ---------------- ---------------
Christopher
Bell 357,000 0.18
------------------- ---------------- ---------------
Richard Rosenberg 51,000 0.03
------------------- ---------------- ---------------
Ory Weihs 9,909,841(1) 4.95
------------------- ---------------- ---------------
The Directors of the Company have the following interests in options over ordinary shares
in the Company:
Director No. of Exercise Earliest Date of
ordinary price (p) date of expiry
shares exercise
to which
options
relate
------------- ----------- ----------- ---------- --------
Christopher
Bell 270,000(2) 57.75p 2015 2023
------------- ----------- ----------- ---------- --------
Richard
Rosenberg 180,000(3) 57.75p 2015 2023
------------- ----------- ----------- ---------- --------
Ory Weihs 499,998(4) 49p 2014 2022
------------- ----------- ----------- ---------- --------
Ory Weihs 577,500(5) US$0.154 2014 2022
------------- ----------- ----------- ---------- --------
(1) 1,462,502 of these Ordinary Shares (approximately 0.73% of the Company's issued voting
share capital) are held directly by Ory Weihs and 8,447,339 Ordinary Shares (approximately
4.22% of the Company's issued voting share capital) are held through an indirect economic
interest in (but with no control of the voting rights attaching to) the 85,040,237 Ordinary
Shares held by Webpals Enterprises Limited Partnership through its general partner Webpals
Enterprises Limited.
(2) 90,000 of these Ordinary Shares have already vested and the remaining 180,000 Ordinary
Shares will vest pro rata on a quarterly basis with the final vesting on 21 January 2018.
(3) 60,000 of these Ordinary Shares have already vested and the remaining 120,000 Ordinary
Shares will vest pro rata on a quarterly basis with the final vesting on 21 January 2018.
(4) 83,333 of these Ordinary Shares have already vested and the remaining 416,665 Ordinary
Shares will vest pro rata on a quarterly basis with the final vesting on 21 March 2014.
(5) 192,500 of these Ordinary Shares have already vested and the remaining 385,000 Ordinary
Shares will vest pro rata on a quarterly basis with the final vesting on 1 January 2017.
In addition to the persons set out above, the following persons have the following interests
in the Company:
Person No. of ordinary % of issued
shares share capital
--------------------- ---------------- ---------------
Webpals Enterprises
Limited(6) 85,040,327(7) 42.45
--------------------- ---------------- ---------------
(6) Webpals Enterprises Limited is the general partner of Webpals Enterprises Limited Partnership
("WELP"), which is considered to be acting in concert with Zvika Barinboim, Avner Yassur,
Marc Zalcman, Gil Moram, Shay Ben-Yitzhak, Alex Rabinovitch, Dejan Nikolic, Ory Weihs, Assaf
Levy and Yaron Nahari.
Mr Barinboim and Mr Yassur together have sole ultimate control of the voting rights attaching
to the 85,040,237 Ordinary Shares (the "WELP Shareholding"). Mr Barinboim holds his interest
in WELP indirectly through S.G. Textile Holdings Limited ("SG Textile") in which he ultimately
holds an 86% interest with the remaining 14% interest held by Mr Zalcman. Mr Moram is chief
executive officer of SG Textile.
Each of Mr Ben-Yitzhak, Mr Rabinovitch, Mr Nikolic, Mr Weihs, Mr Levy and Mr Nahari holds
an indirect economic interest in (but with no control of the voting rights attaching to) the
WELP Shareholding.
(7) 1,462,502 of these Ordinary Shares (approximately 0.73% of the Company's issued voting
share capital) are held directly by Mr Weihs and 8,447,339 Ordinary Shares (approximately
4.22% of the Company's issued voting share capital) are held through an indirect economic
interest in (but with no control of the voting rights attaching to) the WELP Shareholding.
In addition to the persons set out above, the following persons have the following interests
in options over ordinary shares in the Company:
Person No. of Exercise Earliest Date of
February 09, 2016 03:48 ET (08:48 GMT)
ordinary price date of expiry
shares exercise
to which
options
relate
---------- ----------- --------- ---------- --------
Gil Moram 236,250(8) US$0.154 2014 2022
---------- ----------- --------- ---------- --------
(8) 157,500 of these Ordinary Shares have already vested and the remaining 78,750 Ordinary
Shares will vest pro rata on a quarterly basis with the final vesting on 1 April 2016.
----------------------------------------------------------------------------------------------------
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal
or informal, relating to relevant securities which may be an inducement to deal or refrain
from dealing entered into by the party to the offer making the disclosure or any person acting
in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
------------------------------------------------------------------------------------------------
None
------------------------------------------------------------------------------------------------
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party
to the offer making the disclosure, or any person acting in concert with it, and any other
person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which
any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
----------------------------------------------------------------------------------------------
None
----------------------------------------------------------------------------------------------
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) NO
------------------------------------- ---
Supplemental Form 8 (SBL) NO
------------------------------------- ---
Date of disclosure: 9 February 2016
--------------------- ----------------
Contact name: Eran Vital
--------------------- ----------------
Telephone number: +972722410145
--------------------- ----------------
Public disclosures under Rule 8 of the Code must be made to a
Regulatory Information Service and must also be emailed to the
Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market
Surveillance Unit is available for consultation in relation to the
Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at
www.thetakeoverpanel.org.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
FEEDMGGZRLNGVZG
(END) Dow Jones Newswires
February 09, 2016 03:48 ET (08:48 GMT)
Xlmedia (LSE:XLM)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Xlmedia (LSE:XLM)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024