Nexxen International - Board Appointments
17/01/2024 07:00
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RNS Number : 9041Z Nexxen International Ltd 17 January 2024
17 January 2024
Nexxen International Ltd
("Nexxen" or the "Company")
Board Appointments
Nexxen 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, following approval at the Company's
Annual General Meeting and the completion of its Nominated Adviser's due
diligence, Rhys Summerton and Daniel Kerstein have been appointed to the Board
as Non-Executive Directors.
Rhys Summerton has 17 years of investment industry experience and was
previously the Global Head of Emerging Markets research at Citi where he
provided ideas to some of the world's most well-known value investors. Rhys
created the Milkwood Fund in 2013 as an independent, contrarian asset manager.
The Milkwood Fund is global, long-biased and highly concentrated, with some
activism and advisory taking place in smaller names.
Daniel Kerstein has 27 years of investment banking experience and was
previously a Managing Director in Mergers and Acquisitions at Barclays
Investment Bank and Global Head of Activist Defense and ESG Advisory. Daniel
has previous investment banking experience at Lehman Brothers and Merrill
Lynch.
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).
Regulatory Disclosures
The following information is disclosed pursuant to Rule 17 and Schedule Two
paragraph (g) of the AIM Rules for Companies in relation to Rhys Drennan
Summerton, aged 47:
Rhys Summerton holds or has held the following directorships/partnerships in
the past five years:
Current directorships/partnerships Past directorships/partnerships
DBL Trading (Pty) Ltd
Milkwood Capital Limited
Milkwood Capital Management Holdings Limited
The Milkwood Fund
Rhys Summerton has no beneficial interest ordinary shares of the Company.
The Company confirms that there are no other disclosures to be made pursuant
to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies with
respect to Rhys Summerton.
The following information is disclosed pursuant to Rule 17 and Schedule Two
paragraph (g) of the AIM Rules for Companies in relation to Daniel Yosef
Kerstein, aged 51:
Daniel Kerstein holds or has held the following directorships/partnerships in
the past five years:
Current directorships/partnerships Past directorships/partnerships
- -
Daniel Kerstein has no beneficial interest ordinary shares of the Company.
The Company confirms that there are no other disclosures to be made pursuant
to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies with
respect to Daniel Kerstein.
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