Tag Archives: London AIM

XLMedia Plc has completed all corporate adjustments to transform its business into an exclusively focused iGaming media network for North American markets. During H1 trading, the London AIM media group sold its Euro and Canada assets to Gambling.com Group for a fixed fee of $37.5m, with potential earnouts of up to $5m based on the revenue performance of assets from …

XLMedia Plc backs its new commercial strategy to return its business to profitability by 2025. Ahead of its AGM this morning, XLMedia published a statement by CEO David King citing a solid start to year trading in Europe and North America. The London AIM media group continues its strategic reorganisation, in which the company agreed to sell its European and …

The board of XLMedia has announced that Caroline Ackroyd has notified the board of her intention to resign as Chief Financial Officer (CFO) of the London AIM iGaming media publisher. Updating investors, XLMedia informed that Ackroyd will maintain CFO duties until 31 March 2024 to assist the executive leadership team with an orderly transition. Ackroyd has served as XLMedia’s CFO …

Sportech has completed its final day of trading as a listed enterprise of the London Alternative Investment Market (AIM) as of 16 October.  The decision to de-list from the London AIM was formally announced on 11 September by the board of Sportech, following a review of the firm’s long-term interests and options. Following its de-listing, Sportech will re-register its business …

The board of Sportech Plc has informed investors of its intentions to cancel the trading of ordinary shares on the London AIM Exchange. The recommendation follows a comprehensive review by the board considering “the pros and cons of the company being publicly traded on the London AIM”.   The review highlighted substantial costs (both monetary and other) tied to being a …

XLMedia Plc has notified investors that it has completed the full divestment of its personal finance portfolio, marking its exit from all non-core business activities.    This morning, XLMedia said it had completed selling its MoneyUnder30 domain to Northern Lights Media for $675,000 (€630K). The transaction follows the recent sale of finance domains Junkie, Greedy Rates and Young and Thrifty to …

XLMedia Plc has notified investors of a slower start to 2023 trading due to its business countering skewed period comparatives matched against 2022 developments.      The London AIM-listed media publisher expects its 2023 interim results to be below expectations due to a stagnant US calendar, in comparison to 2022 activities which featured US wagering launches in the states of  New York …

XLMedia has entered a new partnership with Spotlight Sports Group (SSG) to upgrade its horse racing content and data provisions across its digital media network.  The London AIM media group will deploy SSG’s ‘Superfeed content engine’ across its most popular domains, which will gain access to news, data and analysis on over 60,000 racing fixtures annually. SGG’s content engine has …

The board of London AIM media firm XLMedia Plc has disclosed that it is exploring options to sell all assets its finance unit holds.    The sale of finance and FX domains forms part of XLMedia’s ongoing business reorganisation, in which the company aims to refocus on the growth of its sports betting and igaming content. XLMedia communicated: “These actions reflect …

XLMedia Plc has appointed Karen Tyrrell as the company’s new Chief People and Operations Officer, overseeing the culture and talent development resources of the London AIM-listed affiliate media publisher.  Tyrrell joins XLMedia’s executive management team from Flutter Entertainment Plc, where she most recently served as Interim CPO of the FTSE100 global gambling group. A 15-year industry executive, Tyrrell has previously …