REG - Nexxen International - Director Dealings
10/01/2024 14:00
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RNS Number : 2847Z Nexxen International Ltd 10 January 2024
10 January 2024
Nexxen International Ltd
("Nexxen" or the "Company")
Director Dealings Pursuant to Previously Established Non-Discretionary Plans
to Trade Under Rule 10b-5
Nexxen International Ltd. (AIM/NASDAQ: NEXN), a global, unified advertising
technology platform with deep expertise in video and Connected TV ("CTV"),
announces that pursuant to previously established non-discretionary plans to
trade in the Company's Ordinary Shares in accordance with the terms of Rule
10b5-1 promulgated under the U.S. Securities Exchange Act of 1934, as amended
(the "Rule 10b5-1 Plans"), Ofer Druker, the Company's Chief Executive Officer,
has sold shares (the "Share Sale") of NIS0.01 each in the capital of the
Company, in order to cover the tax obligations triggered by the vesting of
RSUs announced on 27 December 2023. Full details of the Share Sale are
detailed in the table below.
Director Position Ordinary Shares Sold Share Sale Price Resultant Holding % of total voting rights
Ofer Druker Chief Executive Officer 7,332 $2.42 4,340,489 2.98%
14,990 $2.59
17,138 $2.54
13,236 $2.53
5,302 $2.50
4,304 $2.43
3,164 $2.42
1,764 $2.39
5,164 $2.49
For further information please contact:
Nexxen International Ltd.
Billy Eckert, Vice President of Investor Relations
ir@nexxen.com (mailto:ir@nexxen.com)
Caroline Smith, Vice President of Communications
csmith@nexxen.com (mailto:csmith@nexxen.com)
KCSA (U.S. Investor Relations)
David Hanover, Investor Relations
nexxenir@kcsa.com (mailto:nexxenir@kcsa.com)
Vigo Consulting (U.K. Financial PR & Investor Relations)
Jeremy Garcia
Peter Jacob
Aisling Fitzgerald
Tel: +44 20 7390 0230 or nexxen@vigoconsulting.com
Cavendish Capital Markets Limited
Jonny Franklin-Adams / Charlie Beeson / George Dollemore (Corporate Finance)
Tim Redfern / Harriet Ward (ECM)
Tel: +44 20 7220 0500
About Nexxen International
Nexxen International empowers advertisers, agencies, publishers and
broadcasters around the world to utilize video and Connected TV in the ways
that are most meaningful to them. Comprised of a demand-side platform (DSP),
supply-side platform (SSP), ad server and data management platform (DMP),
Nexxen delivers a flexible and unified technology stack with advanced and
exclusive data at its core. Our robust capabilities span discovery, planning,
activation, measurement, and optimization - available individually or in
combination - all designed to enable our partners to reach their goals, no
matter how far-reaching or hyper niche they may be. For more information,
visit nexxen.com.
Nexxen is headquartered in Israel and maintains offices throughout the United
States, Canada, Europe, and Asia-Pacific, and is traded on the London Stock
Exchange (AIM: NEXN) and NASDAQ (NEXN).
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ofer Druker
2. Reason for the Notification
a) Position/status Chief Executive Officer
b) Initial notification/Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Nexxen International Ltd
b) LEI 213800ZNSR7AIJZ2J557
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the Financial instrument, type of instrument Restricted Stock Units over Ordinary Shares of NIS 0.01 each
Identification code IL0011320343
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
$2.4231 7,332
$2.5864 14,990
$2.5441 17,138
$2.5347 13,236
$2.4965 5,302
$2.4311 4,304
$2.4218 3,164
$2.3891 1,764
$2.4941 5,164
d) Aggregated information: 72,394 Ordinary Shares
· Aggregated volume $182,141.13
· Price
e) Date of the transaction 26 December 2023
27 December 2023
28 December 2023
29 December 2023
2 January 2024
3 January 2024
4 January 2024
5 January 2024
8 January 2024
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
72,394 Ordinary Shares
$182,141.13
e)
Date of the transaction
26 December 2023
27 December 2023
28 December 2023
29 December 2023
2 January 2024
3 January 2024
4 January 2024
5 January 2024
8 January 2024
f)
Place of the transaction
NASDAQ Global Market
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