TIDM7DIG

RNS Number : 8436F

7digital Group PLC

20 July 2021

20 July 2021

7digital Group plc

("7digital" or "the Company")

Director Share Purchase

7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, announces that Tamir Koch, Non-Executive Chairman, purchased 1,500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") on 16 July 2021 at a price of $0.0128 per Ordinary Share.

Following this purchase, Mr. Koch has an interest in 446,512,126 Ordinary Shares, representing 16.40% of the issued share capital of the Company.

Enquiries

 
 7digital                             c/o +44 20 7618 9100 
  Paul Langworthy 
 
 Arden Partners (Nominated Adviser 
  and Broker) 
  Richard Johnson                     +44 20 7614 5900 
 
 Luther Pendragon (Financial PR)      +44 20 7618 9100 
  Harry Chathli, Joe Quinlan            7digitalIR@luther.co.uk

About 7digital

7digital is the global leader in B2B end-to-end digital music solutions, providing a scalable cloud-based platform that enables companies and brands to connect to its global music catalogue and rights management system to launch and manage unique and engaging music experiences. Operating worldwide in over 80 markets and integrated with more than 300,000 labels and publishers, 7digital's platform automates the complex and time-consuming processes of music management, making it easier to access and use music in streaming services, social media, home fitness, gaming, retail and more. With best-in-class infrastructure, deep industry expertise and intelligence tools, 7digital empowers their clients to innovate, grow and serve tomorrow's music consumer. For more information, visit http://www.7digital.com/ .

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                  Tamir Koch 
      ------------------------------------  ---------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------ 
 a)    Position/status                       Non-Executive Chairman 
      ------------------------------------  ---------------------------------------- 
 b)    Initial notification                  Initial Notification 
        /Amendment 
      ------------------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------ 
 a)    Name                                  7digital Group plc 
      ------------------------------------  ---------------------------------------- 
 b)    LEI                                   213800Z18A7JGS54KF43 
      ------------------------------------  ---------------------------------------- 
 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                    Ordinary shares of 0.01 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                   GB00BMH46555 
 
 b)    Nature of the transaction             Purchase of Ordinary Shares 
      ------------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s) 
                                             --------------------  --------------- 
                                              Price(s)              Volume(s) 
                                             --------------------  --------------- 
                                                   $0.0128          1,500,000 
                                             --------------------  --------------- 
 
 d)    Aggregated information 
   N/A 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction               16 July 2021 
      ------------------------------------  ---------------------------------------- 
 f)    Place of the transaction              London Stock Exchange 
      ------------------------------------  ----------------------------------------

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END

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July 20, 2021 06:50 ET (10:50 GMT)

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