Tremor International - Director Dealings
03/07/2023 12:08
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RNS Number : 7721E Tremor International Ltd 03 July 2023
3 July 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 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") 393,750 time-based 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 9,454 $3.49 4,054,535 2.84%
2,594 $3.44
1,876 $3.43
3,110 $3.49
1,328 $3.55
2,806 $3.51
2,388 $3.58
Yaniv Carmi Chief Operating Officer 96,250 48,126 $3.50 1,823,915 1.28%
Sagi Niri Chief Financial Officer 78,750 - - 1,072,650 0.75%
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 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 June 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 June 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)
$3.4935 9,454
$3.4373 2,594
$3.4326 1,876
$3.4934 3,110
$3.5477 1,328
$3.5120 2,806
$3.5826 2,388
d) Aggregated information:
· Aggregated volume 23,556
· Price $82,368.57
e) Date of the transaction 22 June 2023
23 June 2023
26 June 2023
27 June 2023
28 June 2023
29 June 2023
30 June 2023
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
23,556
$82,368.57
e)
Date of the transaction
22 June 2023
23 June 2023
26 June 2023
27 June 2023
28 June 2023
29 June 2023
30 June 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 June 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 June 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)
$3.5048 48,126
d) Aggregated information:
· Aggregated volume 48,126
· Price $168,672
e) Date of the transaction 22 June 2023
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
48,126
$168,672
e)
Date of the transaction
22 June 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 78,750
d) Aggregated information:
· Aggregated volume 78,750 Ordinary Shares
· Price n/a
e) Date of the transaction 22 June 2023
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
78,750 Ordinary Shares
n/a
e)
Date of the transaction
22 June 2023
f)
Place of the transaction
NASDAQ Global Market
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