30
August 2024
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, unified
advertising technology platform with deep expertise in video and
Connected TV ("CTV"), announces that on 29
August 2024 it bought-back 100,000 ordinary shares of NIS0.01 each
in the capital of the Company ("Ordinary Shares") in the AIM market
at an average price of 294 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 7 May 2024. These Ordinary Shares were purchased
through the Company's subsidiary, Nexxen Group Ltd. and will not
have any voting rights under the Israeli
Companies Law as long as such shares are held by a Company
subsidiary.
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 195,968,321 ordinary shares with a nominal value of NIS0.01 each
("Ordinary Shares"), with (i) 3,785,268 of such Ordinary Shares
held by a subsidiary of the Company without voting rights under the
Israeli Companies Law, and (ii) 56,679,351 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 135,503,702.
The above figure of 135,503,702
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
Caroline Smith, Vice President of
Communications
csmith@nexxen.com
KCSA
(U.S. Investor Relations)
David Hanover, Investor Relations
nexxenir@kcsa.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
International
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 reach
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.