XLMedia PLC Statement re Share Price Movement (6318D)

TIDMXLM

RNS Number : 6318D

XLMedia PLC

10 October 2018

 
For immediate release  10 October 2018

XLMedia PLC

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

Statement re Share Price Movement

XLMedia (AIM: XLM), a leading provider of digital performance marketing services, notes the recent share price movement and confirms it knows of no operational or corporate reason for the movement.

The Company continues to trade in line with market expectations for the year ending 31 December 2018, has a material cash balance and continues to generate strong cash flows from operations. The Company's strategy remains to grow the business both through organic and acquisitive growth.

For further information, please contact:

 
 XLMedia plc Ory Weihs www.xlmedia.com       Via Vigo Communications 
 Vigo Communications Jeremy Garcia / Fiona   Tel: 020 7390 0230 
  Henson www.vigocomms.com 
 Cenkos Securities plc (Nomad and Joint      Tel: 020 7397 8900 
  Broker) Mark Connelly / Callum Davidson 
  www.cenkos.com 
 Berenberg (Joint Broker) Chris Bowman       Tel: 020 3207 7800 
  / Mark Whitmore www.berenberg.com

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 rns@lseg.com or visit www.rns.com.

END

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October 10, 2018 09:23 ET (13:23 GMT)

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