TIDMXLM
RNS Number : 0518A
XLMedia PLC
27 May 2021
27 May 2021
XLMedia PLC
("XLMedia" or the "Group" or the "Company")
Result of AGM
XLMedia (AIM: XLM), a leading provider of digital performance
marketing services, announces the results of the Annual General
Meeting ("AGM") of the Company held earlier today. Prior to the
AGM, the Company received a proposal to amend Resolution 7 set out
in the notice of the AGM which concerned the authority to issue
shares by reducing the amount of the authorization to allow the
issuance of up to 26,258,641 Ordinary Shares being ten per cent
(10%) of the issued and outstanding capital of the Company as of
the AGM and not 87,528,714 Ordinary Shares (being approximately
one-third of the issued and outstanding capital of the Company) as
originally stipulated in the notice of the meeting. This amendment
was approved at the meeting and all the resolutions proposed at the
AGM (including the amended Resolution 7) were duly passed.
All votes were taken on a poll and the total number of votes
received on each resolution put to the AGM was as follows:
Resolution (No. Total For (i) Total Against Withheld (ii)
as noted on proxy
form)
No. of votes % of No. of % of No. of votes
vote votes vote
------------- ------ ----------- ------ --------------
Resolution 1:
Receive Annual
Report and Accounts 116,711,359 97.12 3,466,513 2.88 1,000
------------- ------ ----------- ------ --------------
Resolution 2:
That Mr. Iain
Balchin be re-appointed
as a director
of the Company 109,885,557 91.44 10,292,315 8.56 1,000
------------- ------ ----------- ------ --------------
Resolution 3:
That Mr. Jonas
Martensson be
re-appointed as
a director of
the Company 114,813,093 95.54 5,364,779 4.46 1,000
------------- ------ ----------- ------ --------------
Resolution 4:
That Mr. Ory Weihs
be re-appointed
as a director
of the Company 101,264,464 84.26 18,913,408 15.74 1,000
------------- ------ ----------- ------ --------------
Resolution 5:
Reappointment
of Kost Forer
Gabbay and Kasiere
as auditors of
the Company 117,322,071 97.62 2,856,801 2.38 0
------------- ------ ----------- ------ --------------
Resolution 6:
To authorise the
Directors to agree
the remuneration
of the auditors
of the Company 117,750,407 97.98 2,428,465 2.02 0
------------- ------ ----------- ------ --------------
Resolution 7 (as
amended):
Authority to issue
up to 10% of shares
until next AGM 120,177,831 99.99 1,041 0.01 0
------------- ------ ----------- ------ --------------
Resolution 8:
Disapplication
of pre-emption
rights (iii) 120,128,886 99.96 49,986 0.04 0
------------- ------ ----------- ------ --------------
Resolution 9:
Authorities for
the Company to
purchase its own
Ordinary Shares
(iii) 119,907,759 99.79 251,113 0.21 20,000
------------- ------ ----------- ------ --------------
Notes:
(i) The "For" proxy vote includes those giving the Chairman discretion
(ii) A vote "Withheld" is not a vote in law and is not included
in the proxy votes "For" or "Against" the resolution
(iii) Special resolution
The full text of the resolutions can be found in the Notice of
Annual General Meeting, which is available on the Company's website
at:
https://www.xlmedia.com/investor-relations/presentations-reports-documents/
For further information, please contact:
XLMedia plc ir@xlmedia.com
Stuart Simms, Chief Executive Officer
Iain Balchin, Chief Financial Officer
www.xlmedia.com
Vigo Consulting Tel: 020 7390 0233
Jeremy Garcia / Fiona Hetherington
www.vigoconsulting.com
Cenkos Securities plc (Nomad and Joint Tel: 020 7397 8900
Broker)
Giles Balleny / Max Gould
www.cenkos.com
Berenberg (Joint Broker) Tel: 020 3207 7800
Mark Whitmore / James White / Tejas
Padalkar
www.berenberg.com
N otes :
XLMedia is a global performance publisher. Operating globally
across a variety of verticals including online gaming, personal
finance and sports, the Group uses proprietary data and advanced
targeting capabilities to build valuable connections with consumers
through high-quality content - a value which can be passed onto
XLMedia customers.
Group strategy is rooted in two fundamental corporate objectives
to evolve the XLMedia business, speed transformational progress and
drive global growth:
-- A balanced portfolio of online assets
o Proactively managing the portfolio to ensure exposure to a
diverse range of attractive territories and vertical markets, with
different stages in their lifecycle/maturity. XLMedia seeks to
achieve this through realigning the weighting of assets and moving
towards more regulated markets (the US) and verticals (Sports),
with more data-driven, conscious business model selection. In doing
so, the Group seeks to promote sustainable revenue growth for the
business and its customers, alongside data-driven intelligence to
inform investment cases.
-- Branded, content-rich, engaging websites
o Cultivating premium publishing brands with a shared belief in
quality. XLMedia seeks to achieve this through focused
consolidation of its portfolio and resources to concentrate only on
those publishing assets which are optimised for its chosen markets.
In doing so, the Group seeks to deliver content-rich, consumer
centric sites which promote tangible user value while benefiting
and extending the capabilities of our customers.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
RAGFLFIIEEIDFIL
(END) Dow Jones Newswires
May 27, 2021 06:10 ET (10:10 GMT)
Xlmedia (LSE:XLM)
Historical Stock Chart
From Sep 2024 to Oct 2024
Xlmedia (LSE:XLM)
Historical Stock Chart
From Oct 2023 to Oct 2024