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REG - Nexxen International - Share buyback-transaction in own shares

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RNS Number : 0909X  Nexxen International Ltd  14 February 2025

14 February 2025

Nexxen International Ltd

 

("Nexxen" or the "Company")

 

Share buyback-transaction in own shares

 

Nexxen International Ltd. (AIM/NASDAQ: NEXN) ("Nexxen" or the "Company"), a
global, flexible advertising technology platform with deep expertise in data
and advanced TV, announces that on 13 February 2025 it bought-back 200,000
ordinary shares of NIS0.01 each in the capital of the Company ("Ordinary
Shares") in the AIM market at an average price of 389.47 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 19 November 2024 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 197,973,693
ordinary shares with a nominal value of NIS0.01 each ("Ordinary Shares"), with
(i) 5,629,680 of such Ordinary Shares held by a subsidiary of the Company
without voting rights under the Israeli Companies Law, and (ii) 64,704,383 of
such Ordinary Shares held by the Company and classified as dormant shares in
Treasury under the Israeli Companies Law (without any rights attached
thereon). Therefore, the total number of Ordinary Shares with voting rights is
127,639,630.

 

The above figure of 127,639,630 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)

 

Vigo Consulting (U.K. Financial PR & Investor Relations)

Jeremy Garcia / Peter Jacob

Tel: +44 20 7390 0230 or 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

 

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 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 achieve 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.

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