Tremor International - Director Dealings
27/11/2023 10:58
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RNS Number : 7711U Tremor International Ltd 27 November 2023
27 November 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), 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 PSUs announced on 17 November
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 2,322 $1.80 4,343,575 3.01%
12,030 $1.75
5,664 $1.87
3,054 $1.87
For further information please contact:
Tremor International Ltd.
Billy Eckert, Vice President of 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
Peter Jacob
Aisling Fitzgerald
Tel: +44 20 7390 0230 or tremor@vigoconsulting.com
(https://www.globenewswire.com/Tracker?data=jta2bfHBVb7aI-M1ldbZ8TlRnT_0tRh-eSF4XftSoKuDyFXT0jGuQkdS0a21959T6IUArut72D0DJN6GPmt9HNX6tPZWpGEGPItMl_ukh9U=)
Cavendish Capital Markets Limited
Jonny Franklin-Adams / Charlie Beeson / George Dollemore (Corporate Finance)
Tim Redfern / Harriet Ward (ECM)
Tel: +44 20 7220 0500
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 International 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.com) and to learn more about the Company's
recent rebranding, please visit www.nexxen.com (http://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 Performance 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)
2,322 $1.8015
12,030 $1.7487
5,664 $1.8720
3,054 $1.8728
d) Aggregated information: 23,070 Ordinary Shares
· Aggregated volume $41,542.20
· Price
e) Date of the transaction 20 November 2023
21 November 2023
22 November 2023
24 November 2023
f) Place of the transaction NASDAQ Global Market
d)
Aggregated information:
· Aggregated volume
· Price
23,070 Ordinary Shares
$41,542.20
e)
Date of the transaction
20 November 2023
21 November 2023
22 November 2023
24 November 2023
f)
Place of the transaction
NASDAQ Global Market
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