Public Letters
31.03.2024 Second Public Letter to the Board of XLMedia plc
29.07.2022 Response to First Public Letter by the Board of XLMedia plc
06.06.2022 First Public Letter to the Board of XLMedia plc
Contact & Media Enquiries
Shareholders intending to support our initiative or media agencies reaching out for Q&A or an interview, please send an email to openletterxlm@outlook.com
About
openletterxlm.com is an initiative by a group of shareholders in XLMedia plc who collectively own c. 3% of the company.
The purpose of this website is to inform other shareholders and the entire investment public about the value destruction, miscommunication, lack of responsibility, lack of financial commitment, and other material shortcomings by the company’s current and former Board and Management, and to serve as a platform to share our proposals for actions and steps that the Board should take in order to unlock the intrinsic value of the company and in order to protect shareholders’ interests.
By sharing our experience and communication with the company publicly, we want to ensure that Board and Management will finally begin to protect the interest of (all) shareholders, take responsibility for their actions, and will no longer put their own financial interests over shareholders’ interests.
We want to emphasize that we do not derive any joy from this public initiative. However, unlike all but one Board and Management member, we have a significant interest in the company and matters are too serios to ignore them. As prior attempts to effectively communicate with Board and Management concerning our interests have failed via conventional channels , this and potentially further escalation seems necessary.
We welcome all shareholders of XLMedia plc to support our initiative. Feel free to reach out to us here and to share this website.
The content on openletterxlm.com represents our own opinions. All our supporters represent their shares individually and indepently. Please refer to our Disclaimer for further questions.