TIDMTRMR
RNS Number : 9731N
Tremor International Ltd
05 October 2021
October 5, 2021
Tremor International Ltd
("Tremor" or the "Company")
Director Dealing
Tremor International Ltd. (AIM/NASDAQ: TRMR), a global leader in
Video and Connected TV ('CTV') advertising, offering an end-to-end
technology platform that enables advertisers to reach relevant
audiences and publishers to maximize yield on their digital
advertising inventory, announces that in accordance with the
vesting schedule for certain restricted share units over Ordinary
Shares of NIS0.01 each in the capital of the Company ("RSUs" and
"Ordinary Shares") 393,750 RSUs have vested and Ordinary Shares
been issued to certain Directors of the Company, each of whom have
sold a portion of such newly issued Ordinary Shares in order to
cover part of the tax obligations triggered by the vesting of the
RSUs as detailed in the table below.
The Ordinary Shares were sold on the NASDAQ Global Market
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.
Director P osition Ordinary Ordinary Share Sale Resultant % of total
Shares Issued Shares Sold Price Holding voting rights
Chief Executive
Ofer Druker Officer 218,750 109,376 $9.54 2,861,179 1.86%
---------------- --------------- ------------- ---------- ---------- ---------------
Chief Operating
Yaniv Carmi Officer 96,250 48,126 $9.55 1,258,785 0.83%
---------------- --------------- ------------- ---------- ---------- ---------------
Chief Financial
Sagi Niri Officer 78,750 15,182 $10.03 239,968 0.16%
---------------- --------------- ------------- ---------- ---------- ---------------
For further information please contact:
Tremor International Ltd via Vigo Consulting
Ofer Druker, Chief Executive Officer
Sagi Niri, Chief Financial Officer
finnCap Ltd Tel: +44 20 7220 0500
Jonny Franklin-Adams / James Thompson
(Corporate Finance)
Tim Redfern / Dicky Chambers (ECM)
Stifel Nicolaus Europe Limited Tel: +44 20 7710 7600
Fred Walsh
Alain Dobkin
Nick Adams
Richard Short
Vigo Consulting Tel: +44 20 7390 0230
Jeremy Garcia
Antonia Pollock
About Tremor International
Tremor is a global company offering an end to end software
advertising platform, operating across three core capabilities -
Video, Data and CTV. Tremor's unique approach is centred on
offering a full stack of end-to-end software solutions which
provides it with a major competitive advantage within the video
advertising ecosystem.
Tremor Video helps advertisers deliver impactful brand stories
across all screens through the power of innovative video technology
combined with advanced audience data and captivating creative
content. Tremor Video's innovative video advertising technology has
offerings in CTV, in-stream, out-stream and in-app.
The media side of Tremor, Unruly, drives real business outcomes
in multiscreen advertising. Its programmatic platform efficiently
and effectively delivers performance, quality, and actionable data
to demand and supply-focused clients and partners. Tremor has a
meaningful number of direct integrations with publishers, unique
demand relationships with a variety of advertisers and privileged
access to News Corp inventory. Unruly connects to the world's
largest DSPs and is compatible with most AdAge top 100 brands.
Tremor is headquartered in Israel and maintains offices
throughout the United States, Canada, Europe, Asia-Pacific and
Australia and is traded on the London Stock Exchange (AIM: TRMR)
and NASDAQ (TRMR).
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 Restricted Share Units over Ordinary Shares of NIS
the Financial 0.01 each
instrument, type
of instrument
Identification
code IL0011320343
------------------------------- ---------------------------------------------------
b) Nature of the Vesting of RSUs and issuance of Ordinary Shares
transaction
------------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 218,750
----------
------------------------------- ---------------------------------------------------
d) Aggregated information: As above
* Aggregated volume
* Price
------------------------------- ---------------------------------------------------
e) Date of the transaction 22 September 2021
------------------------------- ---------------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ---------------------------------------------------
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 Restricted Share Units over Ordinary Shares of
the Financial NIS 0.01 each
instrument, type
of instrument
Identification
code IL0011320343
------------------------------- ------------------------------------------------
b) Nature of the Vesting of RSUs and issuance of Ordinary Shares
transaction
------------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 96,250
----------
------------------------------- ------------------------------------------------
d) Aggregated information: As above
* Aggregated volume
* Price
------------------------------- ------------------------------------------------
e) Date of the transaction 22 September 2021
------------------------------- ------------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ------------------------------------------------
Details of the person discharging managerial responsibilities / person
1. 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 Restricted Share Units over Ordinary Shares of NIS
the Financial 0.01 each
instrument, type
of instrument
Identification
code IL0011320343
------------------------------- ---------------------------------------------------
b) Nature of the Vesting of RSUs and issuance of Ordinary Shares
transaction
------------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 78,750
----------
------------------------------- ---------------------------------------------------
d) Aggregated information: As above
* Aggregated volume
* Price
------------------------------- ---------------------------------------------------
e) Date of the transaction 22 September 2021
------------------------------- ---------------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ---------------------------------------------------
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 Ordinary Shares of NIS 0.01 each
the Financial
instrument, type
of instrument
Identification
code IL0011320343
------------------------------------ ------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
------------------------------------ ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$9.54 109,376
----------
------------------------------------ ------------------------------------
Aggregated information:
* Aggregated volume
109,376
d) * Price $1,043,804.7
------------------------------------ ------------------------------------
e) Date of the transaction 1 October 2021
------------------------------------ ------------------------------------
f) Place of the transaction NASQAQ 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 Ordinary Shares of NIS 0.01 each
the Financial
instrument, type
of instrument
Identification
code IL0011320343
----------------------------------- ------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
----------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$9.55 48,126
----------
----------------------------------- ------------------------------------
Aggregated information:
* Aggregated volume
48,126
d) * Price $459,575.87
----------------------------------- ------------------------------------
e) Date of the transaction 1 October 2021
----------------------------------- ------------------------------------
f) Place of the transaction NASQAQ 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 Ordinary Shares of NIS 0.01 each
the Financial
instrument, type
of instrument
Identification
code IL0011320343
----------------------------------- ------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
----------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$10.03 15,182
----------
----------------------------------- ------------------------------------
Aggregated information:
* Aggregated volume
15,182
d) * Price $152,275.46
----------------------------------- ------------------------------------
e) Date of the transaction 24 September 2021
----------------------------------- ------------------------------------
f) Place of the transaction NASQAQ Global Market
----------------------------------- ------------------------------------
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END
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(END) Dow Jones Newswires
October 05, 2021 02:00 ET (06:00 GMT)