3
September 2024
Nexxen International
Ltd
("Nexxen"
or the "Company")
Director Dealings Pursuant to
Previously Established Non-Discretionary Plans to Trade Under Rule
10b-5
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 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 Ordinary
Shares (the "Share Sale") in order to cover the tax obligations
triggered by the vesting of PSUs announced on 20 August 2024. 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
|
18,156
18,942
29,518
16,538
44,936
17,658
12,960
5,012
|
$3.6230
$3.6877
$3.8676
$3.9774
$4.0466
$3.9629
$3.8684
$3.8451
|
4,673,355
|
3.45%
|
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
About Nexxen
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.
|
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
|
Nexxen 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)
|
|
$3.6230
$3.6877
$3.8676
$3.9774
$4.0466
$3.9629
$3.8684
$3.8451
|
18,156
18,942
29,518
16,538
44,936
17,658
12,960
5,012
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
163,720 Ordinary Shares
636,791.23
|
|
e)
|
Date of the transaction
|
20 August 2024
21 August 2024
22 August 2024
23 August 2024
26 August 2024
27 August 2024
28 August 2024
29 August 2024
|
|
f)
|
Place of the transaction
|
NASDAQ Global Market
|