Statement re Share Price Movement

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 Henson www.vigocomms.com	Tel: [phone]
Cenkos Securities plc (Nomad and Joint Broker) Mark Connelly / Callum Davidson www.cenkos.com	Tel: [phone]
Berenberg (Joint Broker) Chris Bowman / Mark Whitmore  www.berenberg.com	Tel: [phone]

 

END

 

 

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