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IN BRIEF: XLMedia says 87% of available shares tendered in offer

7th Feb 2025 12:24

XLMedia PLC - London-based sports digital media company - Says 121.5m shares were validly tendered under tender offer. The tender price was 11.5 pence per share. The number of shares validly tendered represented 46% of the company's shared capital and 87% of shares available to tender. The total cost is GBP14.0 million. The tendered shares will be repurchased by the company and cancelled.

Current stock price: 10.73 pence, up 2.1%

12-month change: up 49%

By Michael Hennessey, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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