Picture of Nexxen International logo

NEXN Nexxen International News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeSmall CapSuper Stock

Tremor International - Director Dealings

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230821:nRSU9747Ja&default-theme=true

RNS Number : 9747J  Tremor International Ltd  21 August 2023

21 August 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 data-driven video and Connected TV ("CTV") advertising
technology offering an end-to-end platform that enables advertisers to
optimize their campaigns and media companies to maximize inventory yield,
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 3 July 2023. 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  1,936                 $3.72             3,956,959          2.76%

                                       2,076                 $3.74

                                       4,792                 $3.80

                                       1,862                 $3.77

                                       1,534                 $3.73

                                       564                   $3.74

                                       1,660                 $3.71

                                       628                   $3.68

                                       5,354                 $3.60

                                       6,144                 $3.52

                                       9,270                 $3.26

                                       3,990                 $3.18

                                       1,792                 $3.16

                                       2,776                 $3.15

                                       1,374                 $3.19

 

For further information or enquiries please contact:

 

 Tremor International Ltd                                                       ir@tremorinternational.com (mailto:ir@tremorinternational.com)

 Billy Eckert, Vice President of Investor Relations

 KCSA (US Investor Relations)                                                   tremorir@kcsa.com (mailto:tremorir@kcsa.com)

 David Hanover

 Vigo Consulting (UK Financial PR and Investor Relations)                       tremor@vigoconsulting.com (mailto:tremor@vigoconsulting.com)

 Jeremy Garcia                                                                  Tel: +44 20 7390 0230

 Kate Kilgallen

 finnCap Ltd                                                                    Tel: +44 20 7220 0500

 Jonny Franklin-Adams / Charlie Beeson / George Dollemore (Corporate Finance)

 Tim Redfern / Harriet Ward (ECM)

 Stifel Nicolaus Europe Limited                                                 Tel: +44 20 7710 7600

 Fred Walsh

 Alain Dobkin

 Nick Adams

 Richard Short

 

About Tremor International

 

Tremor International, the parent Company of the Nexxen portfolio of
advertising technology products and platforms, 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), Tremor International, through its Nexxen-branded products and
platforms, delivers a flexible and unified technology stack with advanced and
exclusive data at its core. The Company's robust capabilities span discovery,
planning, activation, measurement and optimization - available individually or
in combination - all designed to enable partners to reach their goals, no
matter how far-reaching or hyper niche they may be.

 

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 www.tremorinternational.com
(http://www.tremorinternational.coma) and to learn more about the Company's
recent rebranding, please visit www.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                                                         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                                    Sale of Ordinary Shares
 c)    Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                    $3.7185   1,936
                                                                    $3.7412   2,076
                                                                    $3.7973   4,792
                                                                    $3.7666   1,862
                                                                    $3.7264   1,534
                                                                    $3.7360   564
                                                                    $3.7146   1,660
                                                                    $3.6793   628
                                                                    $3.6000   5,354
                                                                    $3.5178   6,144
                                                                    $3.2552   9,270
                                                                    $3.1810   3,990
                                                                    $3.1558   1,792
                                                                    $3.1484   2,776
                                                                    $3.1939   1,374
 d)    Aggregated information:

       · Aggregated volume                                          45,752 Ordinary Shares

       · Price                                                      $159,014.43

 e)    Date of the transaction                                      27 July 2023

                                                                    28 July 2023

                                                                    31 July 2023

                                                                    1 August 2023

                                                                    2 August 2023

                                                                    3 August 2023

                                                                    4 August 2023

                                                                    7 August 2023

                                                                    8 August 2023

                                                                    9 August 2023

                                                                    10 August 2023

                                                                    11 August 2023

                                                                    14 August 2023

                                                                    15 August 2023

                                                                    16 August 2023

 f)    Place of the transaction                                     NASDAQ Global Market

d)

Aggregated information:

· Aggregated volume

· Price

 

45,752 Ordinary Shares

$159,014.43

 

e)

Date of the transaction

27 July 2023

28 July 2023

31 July 2023

1 August 2023

2 August 2023

3 August 2023

4 August 2023

7 August 2023

8 August 2023

9 August 2023

10 August 2023

11 August 2023

14 August 2023

15 August 2023

16 August 2023

 

f)

Place of the transaction

NASDAQ Global Market

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHPPUBPRUPWGAG

Recent news on Nexxen International

See all news