Tremor International Ltd Director/PDMR Shareholding (0617P)
08 Octubre 2019 - 1:00AM
UK Regulatory
TIDMTRMR
RNS Number : 0617P
Tremor International Ltd
08 October 2019
8 October 2019
Tremor International Ltd
("Tremor" or the "Company")
Director Dealing
Tremor International Ltd (AIM: TRMR), a global leader in
advertising technologies, announces that in accordance with the
vesting schedule for certain restricted stock units over Ordinary
Shares of NIS0.01 each in the capital of the Company ("RSUs" and
"Ordinary Shares") as part of the CEO Remuneration Amendments (as
defined in the Circular posted to shareholders on 14 February 2019
in relation to the RhythmOne acquisition) 419,880 RSUs belonging to
Ofer Druker, CEO of the Company, have vested and accordingly
139,005 Ordinary Shares were sold on 3 October 2019 at a price of
GBP1.31 per Ordinary Share as part of an automatic process to cover
the immediate tax obligation under US tax law that Mr Druker has
incurred upon the RSUs vesting. This automatic share sale to cover
the costs of tax will arise quarterly in line with the quarterly
RSU vesting schedule for US based directors.
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014. The below notification
is made in accordance with the requirements of the EU Market Abuse
Regulation.
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 Restricted Stock Units over Ordinary
Financial instrument, Shares of NIS 0.01 each
type of instrument
Identification code IL0011320343
------------------------------- -------------------------------------
b) Nature of the transaction Vesting of RSUs
------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 60,000
----------
------------------------------- -------------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- -------------------------------------
e) Date of the transaction 1 October 2019
------------------------------- -------------------------------------
f) Place of the transaction London AIM
------------------------------- -------------------------------------
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 Restricted Stock Units over Ordinary
Financial instrument, Shares of NIS 0.01 each
type of instrument
Identification code IL0011320343
------------------------------- -------------------------------------
b) Nature of the transaction Vesting of RSUs
------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 359,880
----------
------------------------------- -------------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- -------------------------------------
e) Date of the transaction 2 October 2019
------------------------------- -------------------------------------
f) Place of the transaction London AIM
------------------------------- -------------------------------------
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 Ordinary Shares of NIS 0.01 each
Financial instrument,
type of instrument
Identification code IL0011320343
-------------------------------- ---------------------------------
b) Nature of the transaction Sale of Ordinary Shares
-------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP1.31 139,005
----------
-------------------------------- ---------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
-------------------------------- ---------------------------------
e) Date of the transaction 3 October 2019
-------------------------------- ---------------------------------
f) Place of the transaction London AIM
-------------------------------- ---------------------------------
For further information please contact:
Tremor International Ltd Tel: +972 3 545 3900
Ofer Druker, Chief Executive Officer
Yaniv Carmi, Chief Financial Officer
finnCap Ltd (Nominated Adviser) Tel: +44 (0)20 7220
Corporate Finance - Jonny Franklin-Adams, James 0500
Thompson, Hannah Boros
ECM - Tim Redfern, Richard Chambers
Vigo Communications (Financial Public Relations) Tel: +44 (0)20 7390
Jeremy Garcia 0230
Antonia Pollock
Charlie Neish
tremor@vigocomms.com
About Tremor International
Tremor International Ltd is a global leader in advertising
technologies, operating in more than 70 countries. It has three
core divisions: Tremor Video (brand advertising), Taptica
(performance advertising) and RhythmOne (media).
Tremor Video helps advertisers deliver impactful brand stories
across all screens through the power of creative video
intelligence-innovative video technology combined with advanced
audience data and captivating creative. Tremor Video is one of the
largest and most innovative video advertising companies in North
America, with offerings in CTV, influencer marketing, and private
marketplaces.
The Taptica performance business is an end-to-end mobile
technology advertising platform that helps the world's top brands
reach their most valuable users with the widest range of traffic
sources available today. Its proprietary technology leverages big
data to target quality media at scale. It works with more than 600
advertisers including Amazon, Alibaba, Bytedance, Netmarble,
Stubhub and OpenTable.
RhythmOne drives real business outcomes in multiscreen
advertising. Its highly-ranked programmatic platform efficiently
and effectively delivers performance, quality, and actionable data
to demand and supply-focused clients and partners - and its
influencer marketing offering fosters action and awareness by
connecting brands with influencers who create and distribute
branded content to engaged consumers.
Tremor International Ltd is headquartered in Israel and
maintains offices throughout the US and Canada, Asia-Pacific,
Europe, India, and Latin America, and is traded on the London Stock
Exchange (AIM: TRMR).
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHDBBDGBGGBGCR
(END) Dow Jones Newswires
October 08, 2019 02:00 ET (06:00 GMT)