Announcement • May 20
XLMedia Update on Proposed Cancellation of Admission of the Ordinary Shares to trading on AIM XLMedia plc hereby gives notice of the proposed voluntary cancellation of the admission of its ordinary shares of USD 0.000001 each ("Ordinary Shares") from trading on AIM (the "Cancellation") pursuant to Rule 41 of the AIM Rules for Companies. As detailed in previous announcements, the Company became an AIM Rule 15 Cash Shell on 13 November 2024 following disposals of its businesses and has since been solely focused on the distribution of cash proceeds to shareholders and the orderly wind up of its affairs and ultimate liquidation of the Group. Having become an AIM Rule 15 Cash Shell and with no intention of undertaking a reverse takeover pursuant to AIM Rule 14, trading in the Ordinary Shares was suspended at 7.30 a.m. on 14 May 2025. To advance the wind-down process and minimise costs, the Company is terminating services that are no longer required to support its residual activities. With the orderly distribution of a significant proportion of the cash proceeds of the disposals to shareholders through two tender offers having completed, the Directors have concluded there is no longer a benefit in retaining the Company's AIM quotation. Accordingly, the Company is proceeding with the Cancellation which is proposed to take effect on 18 June 2025 conditional on shareholder approval. Following Cancellation there will be a liquidation process in due course to realise assets and settle the Company's outstanding liabilities. Further returns may be made to shareholders from the liquidation process if there are sufficient realisable assets to meet all liabilities although there can be no certainty that there will be any further such distributions. The Company intends to convene a general meeting on 10 June 2025 to seek shareholder approval for the Cancellation (the "General Meeting") and a circular containing further details of the Cancellation together with a notice of the General Meeting is expected to be sent to shareholders on or before 23 May 2025. In accordance with the AIM Rules, the Cancellation must be approved by shareholders holding not less than 75% of votes cast by shareholders at the General Meeting. A further announcement will be made once the Circular has been published. If the Cancellation becomes effective on 18 June 2025, Cavendish will cease to be the nominated adviser of the Company pursuant to the AIM Rules and the Company will no longer be required to comply with the AIM Rules. Given the ongoing wind-down process of the Group's affairs, it is not expect that the Company will put in place any form of matched bargain or trading facility. Announcement • May 14
XLMedia PLC Announces Shares Trading Suspension Trading in the XLMedia PLC's Ordinary Shares on AIM will be suspended with effect from 7.30 am 14 May 2025 (the "Suspension"). As previously announced, the Company became an AIM Rule 15 Cash Shell on 13 November 2024 with no material trading business, activities and assets other than the cash proceeds from the Disposals. Following completion of the recent Tender Offer and distribution of the cash proceeds, with six months having elapsed since the Company became an AIM Rule 15 Cash Shell, the Suspension will take effect on 14 May 2025 in accordance with AIM Rule 15, as planned. The Company will make a further announcement in due course regarding the proposed cancellation of its Ordinary Shares to trading on AIM, in accordance with the Company's wind-down of the business and ultimate liquidation. Announcement • Apr 14
XLMedia PLC (AIM:XLM) announces an Equity Buyback for 100,000,000 shares, representing 70.9% for £11 million. XLMedia PLC (AIM:XLM) announces a share repurchase program. Under the program, the company will repurchase up to 100,100,000 shares, representing approximately 70.9% of the issued share capital for £11 million. The shares will be purchased at a price of £0.11 per share. The repurchase program will be funded from company's cash resources. The repurchased shares will be held in treasury. The repurchase program is subject to approval from shareholders in the General Meeting to be held on April 28, 2025. If the shares tendered increase then the maximum number of shares to be repurchased, then the shares will be purchased on a pro-rata basis. The company has fixed April 28, 2025, as the record date for the buyback program. As of April 11, 2025, the company has 141,040,915 shares issued and outstanding. 
