REG - Nexxen International - Share buyback-transaction in own shares
10/01/2024 08:15
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RNS Number : 1617Z Nexxen International Ltd 10 January 2024
10 January 2024
Nexxen International Ltd
("Nexxen" or the "Company")
Share buyback-transaction in own shares
Nexen International Ltd. (AIM/NASDAQ: NEXN) ("Nexxen" or the "Company"), a
global, unified advertising technology platform with deep expertise in video
and Connected TV ("CTV"), announces that on 9 January 2024 it bought-back
100,000 ordinary shares of NIS0.01 each in the capital of the Company
("Ordinary Shares") in the AIM market at an average price of 202.98 pence per
Ordinary Share. The Ordinary Shares were acquired through Cavendish Capital
Markets Limited. pursuant to the Company's Buyback Programme on the AIM market
as announced on 18 December 2023 and will be reclassified as dormant shares
under the Israeli Companies Law (without any rights attached thereon) and will
be held in treasury.
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, Nexxen notifies the market that as at the date of this
announcement, the Company's issued share capital consists of 194,689,697
ordinary shares with a nominal value of NIS0.01 each ("Ordinary Shares"),
along with 49,001,014 shares reclassified as dormant shares under the Israeli
Companies Law (without any rights attached thereon), the Company holds these
dormant shares in Treasury. Therefore, the total number of shares with voting
rights is 145,688,683.
The above figure of 145,688,683 Ordinary Shares may be used by shareholders in
the Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company under the FCA's Disclosure
and Transparency Rules.
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
The information communicated in this announcement contains inside information
for the purposes of Article 7 of the Market Abuse Regulation (EU) No.
596/2014. The Company confirms that it is no longer in possession of any
unpublished price sensitive information.
About Nexxenn 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).
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