REG - Nexxen International - Director Dealings

Nexxen InternationalAnnouncement

07/05/2024 12:00

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RNS Number : 4489N  Nexxen International Ltd  07 May 2024

7 May 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 26 March 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  7,132                 $2.6101           4,416,379          3.17%

                                       2,324                 $2.6054

                                       8,524                 $2.6179

                                       9,248                 $2.8049

                                       6,150                 $2.8242

                                       7,832                 $2.8310

                                       2,384                 $2.7694

                                       6,102                 $2.8511

                                       4,080                 $2.8271

                                       1,594                 $2.8279

                                       3,378                 $2.8741

 

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)
                                                                    $2.6101

                                                                    $2.6054   7,132

                                                                    $2.6179   2,324

                                                                    $2.8049   8,524

                                                                    $2.8242   9,248

                                                                    $2.8310   6,150

                                                                    $2.7694   7,832

                                                                    $2.8511   2,384

                                                                    $2.8271   6,102

                                                                    $2.8279   4,080

                                                                    $2.8741   1,594

                                                                         3,378

 d)    Aggregated information:                                      58,748 Ordinary Shares

       · Aggregated volume                                          $162,215.17

       · Price
 e)    Date of the transaction                                      8 April 2024

                                                                    9 April 2024

                                                                    10 April 2024

                                                                    11 April 2024

                                                                    12 April 2024

                                                                    15 April 2024

                                                                    16 April 2024

                                                                    17 April 2024

                                                                    18 April 2024

                                                                    19 April 2024

                                                                    22 April 2024
 f)    Place of the transaction                                     NASDAQ Global Market

d)

Aggregated information:

· Aggregated volume

· Price

58,748 Ordinary Shares

$162,215.17

 

e)

Date of the transaction

8 April 2024

9 April 2024

10 April 2024

11 April 2024

12 April 2024

15 April 2024

16 April 2024

17 April 2024

18 April 2024

19 April 2024

22 April 2024

f)

Place of the transaction

NASDAQ Global Market

 

 

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