TIDMXLM
RNS Number : 0046N
XLMedia PLC
27 May 2022
27 May 2022
XLMedia PLC
("XLMedia" or the "Company" or the "Group")
Appointment of Chief Executive Officer
XLMedia (AIM: XLM), a leading global digital performance
publisher, is pleased to announce the appointment of David King as
Chief Executive Officer and as a member of the Board of Directors.
He is expected to join the Group on 1 July 2022.
Stuart Simms, the Company's existing Chief Executive Officer,
announced his intention to step down on April 4 2022 and will leave
the Company following a period supporting an orderly handover with
David.
David joins the Company having held a number of senior Executive
roles in companies across the media sector, most recently as Chief
Executive Officer at JPIMedia Group, where he led the business
through a period of considerable change. This included leading the
digital acceleration programme, incorporating a data led strategy
to drive audience growth and build new digital revenue streams.
David also oversaw an ongoing rationalisation programme, growth of
'the i' newspaper and the sale of the group in three stages.
David brings extensive leadership and financial expertise.
Before entering local media, David was appointed Time Out's
first CEO and before that was CFO of BBC Worldwide for nine years.
In his early career David spent six years as a Management
Consultant at PwC, working with a number of blue-chip clients. He
is a qualified Chartered Accountant.
Marcus Rich, Non-Executive Chair at XLMedia, commented:
"We are delighted to welcome David to XLMedia and believe that,
with his significant digital publishing experience and proven track
record of leading change, he will be a key asset in helping us
capitalise on a number of growth initiatives.
David's extensive knowledge of the media sector makes him the
ideal candidate to lead the Group and I and the Board look forward
to working with him."
David King added:
"I am delighted to join XLMedia and am looking forward to
working with the senior leadership team and all of the Group's
staff, alongside the board, to lead the business in delivering the
next phase of its development and realising the benefits of the
Company's growth strategy."
For further information, please contact:
XLMedia plc ir@xlmedia.com
Caroline Ackroyd, Chief Financial Officer via Vigo Consulting
www.xlmedia.com
Vigo Consulting Tel: 020 7390 0233
Jeremy Garcia / Kendall Hill
www.vigoconsulting.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
Mark Whitmore / Richard Andrews / Jack Botros
www.berenberg.com
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies:
David John King, aged 62, holds or has held in the past 5 years
the following directorships and partnerships:
Current Past five years
Johnston Press Ireland Ltd Angus County Press Limited
Score Press Ireland Limited Caledonian Offset Limited
Kilkenny People Holdings F Johnston & Co Limited
Ltd Galloway Gazette Ltd. (The)
Kilkenny People Publishing Johnston (Falkirk) Limited
Ltd Johnston Press Plc
Leinster Express Newspapers MRP Holdings Limited
Ltd Stornoway Gazette Limited
Leinster Leader Ltd, The Strachan and Livingston,
Leitrim Observer Ltd Limited
Longford Leader Ltd, The The Scotsman Publications
The Donegal Democrat Limited Limited
Limerick Leader Ltd The Tweeddale Press Limited
Leader Print Ltd
2025 Advisory Limited Ackrill Newspapers Limited
Anglia Newspapers Limited
Bedfordshire Newspapers Limited
Blackpool Gazette and Herald
Limited
Central Counties Newspapers
Limited
Century Press and Publishing
Limited
East Lancashire Newspapers
Limited
East Midlands Newspapers
Limited
Halifax Courier Holdings
Limited
Halifax Courier Limited (The)
Johnston Letterbox Direct
Ltd.
Johnston Press Bond Plc
Johnston Publications Limited
Johnston Publishing (North)
Ltd.
Johnston Publishing Limited
Lancashire Evening Post Limited
Lancashire Publications Limited
Lancaster & Morecambe Newspapers
Limited
Lincolnshire Newspapers Limited
Love News Media Ltd
Minthill Limited
North Notts Newspapers Limited
Northampton Web Limited
Northamptonshire Newspapers
Limited
Northeast Press Limited
Peterboro' Web Limited
Portsmouth & Sunderland Newspapers
Limited
Portsmouth Publishing and
Printing Limited
Premier Newspapers Limited
Regional Independent Media
Acquisitions Limited
Regional Independent Media
Group Limited
Regional Independent Media
Holdings Limited
Regional Interactive Media
Limited
Reporter Limited (The)
Sheffield Newspapers Limited
South Yorkshire Newspapers
Limited
Sussex Newspapers Ltd
T.R. Beckett, Limited
Welland Valley Newspapers
Limited
Wilfred Edmunds, Limited
Yorkshire Post Newspapers
Limited
Yorkshire Regional Newspapers
Limited
Yorkshire Weekly Newspaper
Group Limited
Century Newspapers Limited
Local Press Ltd
Morton Newspapers Limited
The Derry Journal Limited
Isle of Man Courier Holdings
Ltd
Regional Independent Media
Funding 1 Limited
Regional Independent Media
Funding 2 Limited
Score Press Limited
Montrose Review Press Limited
The Newspaper Organisation
Limited
UKTV interactive Limited
BBC World Service Television
Limited
Central Lancashire Printers
Limited
F Johnston & Company Limited
Regional Independent Media
Limited
Nationalist Newspaper Unlimited
Company
Thomas Roe Unlimited Company
The Munster Tribune Unlimited
Company
Limerickman Unlimited Company
Wellbrook Press Unlimited
Company
The Dundalk Democrat Limited
Leinster Express Printing
Unlimited Company
Mr King does not currently hold any shares in the Company.
Mr King was a director of Johnston Press plc, and its related
and subsidiary entities, when it was placed into administration on
17 November 2018. Johnston Press plc was subsequently placed into
compulsory liquidation on 19 May 2021, with the related and
subsidiary entities wound up on varying dates following the
Johnston Press plc administration.
The Johnston Press plc related entities are: Johnston Publishing
Limited, The Derry Journal Limited, Angus County Press Limited,
Galloway Gazette ltd. (the), Johnston (Falkirk) Limited, Morton
Newspapers Limited, Stornoway Gazette Limited, Strachan and
Livingston Limited, The Scotsman Publications Limited, The
Tweeddale Press Limited, Century Newspapers Limited, Johnston
Publications Limited, Regional Independent Media Group Limited,
Reporter Limited (the), Johnston Press Bond plc, Love News Media
ltd, Ackrill Newspapers Limited, Anglia Newspapers Limited,
Blackpool Gazette and Herald Limited, East Lancashire Newspapers
Limited, East Midlands Newspapers Limited, Halifax courier Holdings
Limited, Halifax Courier Limited (the), Johnston Letterbox Direct
Ltd, Lancashire Evening Post Limited, Lancashire Publications
Limited, Lancaster & Morecambe Newspapers Limited,
Northamptonshire Newspapers Limited, Northeast Press Limited,
Portsmouth & Sunderland Newspapers Limited, Portsmouth
Publishing and Printing Limited, Premier Newspapers Limited,
Sheffield Newspapers Limited, South Yorkshire Newspapers Limited,
Sussex Newspapers Ltd, T.R. Beckett limited, Wilfred Edmunds
Limited, Yorkshire Post Newspapers Limited, Yorkshire Regional
Newspapers Limited, Yorkshire Weekly Newspaper Group Limited,
Johnston Publishing (North) Ltd, MRP Holdings Limited, N orth Notts
Newspapers Limited, Regional Independent Media Holdings Limited,
Welland Valley Newspapers Limited, Lincolnshire Newspapers Limited,
Northampton Web Limited, Peterboro' Web Limited, Minthill Limited,
Local Press Limited, Caledonian Offset Limited, F.Johnston &
Company Limited, Central Counties Newspapers Limited, Regional
Independent Media Funding 1 Limited, Regional Independent Media
Funding 2 Limited, Regional Independent Media Acquisitions Limited,
Regional Interactive Media Limited, Century Press and Publishing
Limited, Bedfordshire Newspapers Limited, Montrose Review Press
Limited, Kilkenny People Holdings Limited, The Leinster Leader,
Limited, Limerick Leader Limited, the Donegal Democrat Limited,
Leitrim Observer Limited, Johnston Press Ireland Limited, Leader
Print Limited, Kilkenny People Publishing Limited, The Longford
Leader Limited, Score Press Ireland Limited, Leinster Express
Newspapers Limited.
About XLMedia:
XLMedia (AIM:XLM) is a global digital performance publisher.
Operating across sports, personal finance, and gaming, the Group
utilizes data science to reach the right audiences with the right
content at the right time - driving action and building valuable
relationships between audiences and partners.
The Group manages a balanced portfolio of premium brands that
cover a range of attractive geographies with a primary emphasis on
regulated markets. The XLMedia portfolio is designed to reach
targeted audiences with the desire to engage and take action.
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