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Investegate |XLMedia PLC Announcements | XLMedia PLC: Result of AGM

Result of AGM XLMedia (AIM: XLM), a leading provider of digital performance marketing services, announces the results of the Annual General Meeting ( AGM ) of the Company held earlier today.  Prior to the AGM, the Company received a proposal to amend Resolution 7 set out in the notice of the AGM which concerned the authority to issue shares by reducing the amount of the authorization to allow the issuance of up to 26,258,641 Ordinary Shares being ten per cent (10%) of the issued and outstanding capital of the Company as of the AGM and not 87,528,714 Ordinary Shares (being approximately one-third of the issued and outstanding capital of the Company) as originally stipulated in the notice of the meeting.  This amendment was approved at the meeting and all the resolutions proposed at the AGM (including the amended Resolution 7) were duly passed.

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