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RNS Number : 3477U Tremor International Ltd 27 March 2023
27 March 2023
Tremor International Ltd
("Tremor" or the "Company")
Director Dealings Pursuant to Previously Established Non-Discretionary Plans
to Trade Under Rule 10b-5
Tremor International Ltd. (AIM/NASDAQ: TRMR) ("Tremor" or the "Company"), a
global leader in Video, Data, and Connected TV ("CTV") advertising offering an
end-to-end technology platform that enables advertisers to optimize their
campaigns and media partners to maximize yield on their digital advertising
inventory, 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") 463,750 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 6,384 $2.74 3,957,255 2.78%
14,354 $2.70
3,520 $2.61
Yaniv Carmi Chief Operating Officer 96,250 36,016 $2.75 1,775,791 1.25%
12,110 $2.69
Sagi Niri Chief Financial Officer 148,750 - - 993,900 0.70%
For further information please contact:
Tremor International Ltd.
Billy Eckert, Senior Director Investor Relations
ir@tremorinternational.com
(https://www.globenewswire.com/Tracker?data=_KQ3scBnCgacBTfOaSl8KKgwdUdgL6awJoJqCQkZMP_c_ki4xvodKs3cQ2W9ENlbSKvnn-6cCZachy9saKAP-knoIr7M90lINXbFSChMIQczTN2xMHKzM2NJqj4uRGcV)
KCSA (U.S. Investor Relations)
David Hanover, Investor Relations
tremorir@kcsa.com (mailto:tremorir@kcsa.com)
Vigo Consulting (U.K. Financial PR & Investor Relations)
Jeremy Garcia / Kate Kilgallen
Tel: +44 20 7390 0230 or tremor@vigoconsulting.com
(https://www.globenewswire.com/Tracker?data=jta2bfHBVb7aI-M1ldbZ8TlRnT_0tRh-eSF4XftSoKuDyFXT0jGuQkdS0a21959T6IUArut72D0DJN6GPmt9HNX6tPZWpGEGPItMl_ukh9U=)
finnCap Ltd.
Jonny Franklin-Adams / Charlie Beeson / George Dollemore (Corporate Finance)
Tim Redfern / Harriet Ward (ECM)
Tel: +44 20 7220 0500
Stifel Nicolaus Europe Limited
Fred Walsh / Alain Dobkin / Nick Adams / Richard Short
Tel: +44 20 7710 7600
About Tremor International
Tremor is a global company offering an end-to-end technology advertising
platform, operating across three core capabilities - Video, Data, and CTV.
Tremor's unique approach is centered on offering a full stack of end-to-end
solutions which provides it with a major competitive advantage within the
video advertising ecosystem.
Tremor Video helps advertisers deliver impactful brand stories across all
screens through the power of innovative video technology combined with
advanced audience data and captivating creative content. Tremor Video's
innovative video advertising technology has offerings in CTV, in-stream,
out-stream, and in-app. To learn more, visit www.tremorvideo.com
(http://www.tremorvideo.com)
Amobee optimizes outcomes for advertisers and media companies, while providing
a better consumer experience. Its platform assists customers by furthering
their audience development, optimizing their cross-channel performance across
TV, connected TV, and digital media, and driving new customer growth through
detailed analytics and reporting. To learn more, visit www.amobee.com
(http://www.amobee.com)
Unruly, the media side of Tremor, drives real business outcomes in multiscreen
advertising. Its programmatic platform efficiently and effectively delivers
performance, quality, and actionable data to demand and supply-focused clients
and partners. Tremor has a meaningful number of direct integrations with
premium publishers, unique demand relationships with a variety of advertisers,
and privileged access to News Corp inventory. Unruly connects to the world's
largest DSPs and is compatible with most Ad Age top 100 brands. To learn more,
visit www.unruly.co (http://www.unruly.co) m
Tremor 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: TRMR) and NASDAQ (TRMR).
For more information, visit: https://www.tremorinternational.com/
(https://www.tremorinternational.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 Tremor 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 2023
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 2023
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 Tremor 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)
$2.7375 6,384
$2.6991 14,354
$2.6076 3,520
d) Aggregated information:
· Aggregated volume See 4c) above
· Price
e) Date of the transaction 22 March 2023
23 March 2023
24 March 2023
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
See 4c) above
e)
Date of the transaction
22 March 2023
23 March 2023
24 March 2023
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 Tremor 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 2023
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 2023
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 Tremor 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)
$2.7540 36,016
$2.6915 12,110
d) Aggregated information:
· Aggregated volume See 4c) above
· Price
e) Date of the transaction 22 March 2023
23 March 2023
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
See 4c) above
e)
Date of the transaction
22 March 2023
23 March 2023
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 Tremor 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 70,000
n/a 78,750
d) Aggregated information:
· Aggregated volume 148,750 Ordinary Shares
· Price n/a
e) Date of the transaction 1 March 2023
22 March 2023
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
148,750 Ordinary Shares
n/a
e)
Date of the transaction
1 March 2023
22 March 2023
f)
Place of the transaction
NASDAQ Global Market
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