Tag Archives: London AIM

XLMedia acquires Marmar media for $7.3 million

London AIM listed igaming marketing firm XLMedia has continued its corporate expansion through acquisition, with the conformation of its majority stake purchase in digital and mobile marketing services operator Marmar Media. XLMedia governance confirmed that it had agreed to acquire a 54% stake in Marmar Media for a cash consideration of $7.36 million (£4.7million). XLMedia expects the acquisition to immediately …

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XLMedia boosts mobile inventory with strategic acquisitions

London AIM listed igaming acquisition marketing specialist XLMedia issued a short corporate statement informing the UK media that it had acquired a number of mobile focused websites to increase its publisher network. XLMedia as yet have not disclosed any financial details regarding the mobile acquisitions, however company governance stated that the company would continue to search for opportunities to expand …

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Gaming Realms positive of future growth despite increased losses

London AIM listed Gaming Realms Plc, remains positive on company performance despite reporting wider pre-tax losses for its 2014 financial performance. The company highlighted that it was entering a key growth stage which had seen a substantial revenue increase, which would continue into 2015. Reporting on an extended 15 period (ending 31 December 2014), after governance changed its yearly reporting …

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Picklive AIMs for £10m float

Fantasy sports operator Picklive has announced its plans to raise £5 million capital investment by listing itself on the London Alternative Investment Market (AIM). The potential listing will be managed by ZAI Corporate Finance, if successful in reaching its target investment, the company will be valued at £10 million. Picklive announced that it would use the capital raised to create …

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Nektan plans October AIM float

Mobile gambling technology and platform provider Nektan issued a Schedule One announcement this past Friday, detailing the company’s intentions to list on the London Alternative Investment Market (AIM) by mid-October. Nektan senior management announced that the AIM listing would be managed by corporate finance firm Panmure Gordon. Nektan did not disclose details regarding targeted share price, initial share listings offering, …

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XLMedia targets record growth for H1 2014

XLMedia expects to report record revenues from the first half of 2014, a trading update reveals. The digital marketing service provider experienced strong levels of growth in its core channels and from its new media platforms including mobile and social media. Overall performance is in line with market expectations, although strong growth was underpinned by leading Scandinavian markets, as well as …

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Optimal Payments ahead of 2014 expectations

Payment provider Optimal Payments PLC said Wednesday that both revenue and earnings before interest, taxes, depreciation, and amortisation are now forecast to be “materially ahead of market expectations” in its full-year on the back of strong trading in the year to date. The company said its strong performance in 2013 has continued into the current trading year, with its NETELLER …

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