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LONDON - XLMedia PLC, a leading digital performance publisher, has issued a reminder to its Qualifying Shareholders regarding the upcoming deadline for its £11.0 million Tender Offer. Shareholders interested in participating must submit their applications by 1:00 p.m. on Monday, April 28, 2025.
The Tender Offer, which was initially announced on April 11, 2025, is part of the company’s proposed return of capital to its shareholders. The complete details of the offer are outlined in the Circular provided to shareholders and are also accessible on the XLMedia website.
Shareholders holding shares in uncertificated form, specifically through the CREST system, are instructed to tender their shares electronically to ensure settlement by the April 28 deadline. The Circular contains a comprehensive guide on the tendering and settlement procedures.
For those with Ordinary Shares in certificated form, participation in the Tender Offer requires the submission of a completed Tender Form along with the original valid share certificate(s). These documents must reach the Receiving Agent by the specified deadline.
XLMedia has emphasized that post-completion of the Tender Offer, no further capital distributions are anticipated before the planned suspension of trading of the company’s Ordinary Shares on AIM, which is expected to occur on May 14, 2025. The company also cautions that there is no certainty of any additional distributions during the liquidation process following the suspension.
The Directors of XLMedia have not made any recommendations to shareholders regarding their participation in the Tender Offer. Shareholders uncertain about their course of action are advised to seek independent advice.
This announcement is based on a press release statement from XLMedia PLC.
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