Nexxen International - Director Dealings
26/03/2024 11:05
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RNS Number : 3433I Nexxen International Ltd 26 March 2024
26 March 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) ("Nexxen" or the "Company"), a
global, unified advertising technology platform with deep expertise in video
and Connected TV ("CTV"), announces that in accordance with the vesting
schedule for certain restricted stock units over Ordinary Shares of NIS0.01
each in the capital of the Company ("RSUs" and "Ordinary Shares") 393,750
time-based RSUs over Ordinary Shares have vested and been issued to certain
Directors of the Company as set out in the table below.
In addition, 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,
and Yaniv Carmi, the Company's Chief Operating Officer, have sold Ordinary
Shares (the "Share Sale") in order to cover the tax obligations triggered by
the vesting of RSUs. Full details of the Share Sale are detailed in the table
below.
Director Position Ordinary Shares Issued Ordinary Shares Sold Share Sale Price Resultant Holding % of total voting rights
Ofer Druker Chief Executive Officer 218,750 1,572 $2.4656 4,532,921 3.24%
4,058 $2.4306
Yaniv Carmi Chief Operating Officer 96,250 10,196 $2.4679 2,050,787 1.46%
37,930 $2.4322
Sagi Niri Chief Financial Officer 78,750 - - 1,443,900 1.03%
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
(mailto: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
Nexxen 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
www.nexxen.com (http://www.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 Vesting of RSUs
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 218,750
d) Aggregated information:
· Aggregated volume 218,750 Ordinary Shares
· Price n/a
e) Date of the transaction 22 March 2024
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
218,750 Ordinary Shares
n/a
e)
Date of the transaction
22 March 2024
f)
Place of the transaction
NASDAQ Global Market
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 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)
$2.4656 1,572
$2.4306 4,058
d) Aggregated information:
· Aggregated volume 5,630 Ordinary Shares
· Price $13,739.21
e) Date of the transaction 22 March 2024
25 March 2024
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
5,630 Ordinary Shares
$13,739.21
e)
Date of the transaction
22 March 2024
25 March 2024
f)
Place of the transaction
NASDAQ Global Market
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Yaniv Carmi
2. Reason for the Notification
a) Position/status Chief Operating 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 Vesting of RSUs
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 96,250
d) Aggregated information:
· Aggregated volume 96,250 Ordinary Shares
· Price n/a
e) Date of the transaction 22 March 2024
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
96,250 Ordinary Shares
n/a
e)
Date of the transaction
22 March 2024
f)
Place of the transaction
NASDAQ Global Market
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Yaniv Carmi
2. Reason for the Notification
a) Position/status Chief Operating 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 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)
$2.4679 10,196
$2.4322 37,930
d) Aggregated information:
· Aggregated volume 48,126 Ordinary Shares
· Price $117,413.65
e) Date of the transaction 22 March 2024
25 March 2024
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
48,126 Ordinary Shares
$117,413.65
e)
Date of the transaction
22 March 2024
25 March 2024
f)
Place of the transaction
NASDAQ Global Market
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sagi Niri
2. Reason for the Notification
a) Position/status Chief Financial 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 Vesting of RSUs
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 78,750
d) Aggregated information:
· Aggregated volume 78,750 Ordinary Shares
· Price n/a
e) Date of the transaction 22 March 2024
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
78,750 Ordinary Shares
n/a
e)
Date of the transaction
22 March 2024
f)
Place of the transaction
NASDAQ Global Market
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