XLMedia appoints Cédric Boireau as non-exec advisor

XLMedia Plc has confirmed the appointment of Cédric Boireau as a non-executive director of the London AIM-listed igaming publishing group with immediate effect.

Boireau will serve as the appointed representative of Premier Investissement, a Parisian fund that currently serves as XLMedia’s largest shareholder maintaining 28% of corporate shares.

A 9-year executive of Premier Investissement, Boireau has formerly led Bassac – the real-estate development subsidiary of the French fund.

In 2017, Boireau co-founded Lagune Holding, an investment advisory and worked closely with Premier Investissement to develop its asset management arm and help it invest in listed companies.

XLMedia confirmed that Boireau held no personal shares in XLMedia, and will further serve on the company’s audit and risk committee

Chris Bell, Non-Executive Chair of XLMedia, commented: “We are delighted to welcome Cédric to the Board of XLMedia, and are looking forward to drawing on his entrepreneurial experience alongside drawing on Premier Investissement’s significant market knowhow and resource.

“Today’s announcement is further demonstration of the strengthening of the team across the business as we continue to execute our transformation strategy”.