Nexxen International - Director Dealings
03/09/2024 07:30
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RNS Number : 6802C Nexxen International Ltd 03 September 2024
3 September 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 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 Ordinary Shares (the "Share Sale")
in order to cover the tax obligations triggered by the vesting of PSUs
announced on 20 August 2024. 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 18,156 $3.6230 4,673,355 3.45%
18,942 $3.6877
29,518 $3.8676
16,538 $3.9774
44,936 $4.0466
17,658 $3.9629
12,960 $3.8684
5,012 $3.8451
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
Tel: +44 20 7390 0230 or nexxen@vigoconsulting.com
(mailto:nexxen@vigoconsulting.com)
Cavendish Capital Markets Limited
Jonny Franklin-Adams / Seamus Fricker / Rory Sale (Corporate Finance)
Tim Redfern / Jamie Anderson (ECM)
Tel: +44 20 7220 0500
About Nexxen
Nexxen empowers advertisers, agencies, publishers and broadcasters around the
world to utilize data and advanced TV in the ways that are most meaningful to
them. Our flexible and unified technology stack comprises a demand-side
platform ("DSP") and supply-side platform ("SSP"), with the Nexxen Data
Platform at its core. With streaming in our DNA, Nexxen's robust capabilities
span discovery, planning, activation, monetization, 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.
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). For more information, visit
www.nexxen.com
(https://url.uk.m.mimecastprotect.com/s/Dl4UCk7pjUknmojHVOAAC?domain=nexxen.com)
.
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 Performance 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)
$3.6230 18,156
$3.6877 18,942
$3.8676 29,518
$3.9774 16,538
$4.0466 44,936
$3.9629 17,658
$3.8684 12,960
$3.8451 5,012
d) Aggregated information:
· Aggregated volume 163,720 Ordinary Shares
· Price 636,791.23
e) Date of the transaction 20 August 2024
21 August 2024
22 August 2024
23 August 2024
26 August 2024
27 August 2024
28 August 2024
29 August 2024
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
163,720 Ordinary Shares
636,791.23
e)
Date of the transaction
20 August 2024
21 August 2024
22 August 2024
23 August 2024
26 August 2024
27 August 2024
28 August 2024
29 August 2024
f)
Place of the transaction
NASDAQ Global Market
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