Company Announcements

Director Dealings

Source: RNS
RNS Number : 3631G
Tremor International Ltd
14 November 2022
 

14 November 2022

Tremor International Ltd

("Tremor" or the "Company")

 

Director Dealings Pursuant to Previously Established Non-Discretionary Plans to Trade Under Rule 10b-5

 

Tremor International Ltd. (AIM/NASDAQ: TRMR) ("Tremor" or the "Company"), a global leader in Video, Data, and Connected TV ("CTV") advertising offering an end-to-end technology platform that enables advertisers to optimize their campaigns and media partners to maximize yield on their digital advertising inventory, announces that, 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 shares (the "Share Sale") of NIS0.01 each in the capital of the Company, in order to cover the tax obligations triggered by the vesting of PSUs announced on 12 October 2022. Full details of the Share Sale are detailed in the table below.

 

Pursuant to the previously established non-discretionary Rule 10b5-1 Plans, Ofer Druker, Chief Executive Officer, is expected to sell in the future a further portion of such newly issued Ordinary Shares to cover tax obligations triggered by the vesting of the PSUs announced on 12 October 2022. Once such sales of Ordinary Shares occur under the non-discretionary Rule 10b5-1 Plans, such dealings will be reported.

 

Director

Position

Ordinary Shares Sold

Share Sale Price

Resultant Holding

% of total voting rights

Ofer Druker

Chief Executive Officer

12,214

9,472

11,544

22,636

25,242

$3.96

$3.96

$3.78

$4.11

$4.40

3,930,461

2.69%

 

For further information please contact:

 

Tremor International Ltd

Billy Eckert, Senior Director Investor Relations

 

ir@tremorinternational.com

 

 

KCSA (US Investor Relations)

David Hanover

 

tremorir@kcsa.com

 

Vigo Consulting (UK Financial PR and Investor Relations)

Jeremy Garcia

Kate Kilgallen

 

tremor@vigoconsulting.com

Tel: +44 20 7390 0230

 

finnCap Ltd

Jonny Franklin-Adams / Charlie Beeson / George Dollemore (Corporate Finance)

Tim Redfern / Harriet Ward (ECM)

 

Tel: +44 20 7220 0500

Stifel Nicolaus Europe Limited

Fred Walsh

Alain Dobkin

Nick Adams

Richard Short

 

Tel: +44 20 7710 7600

 

About Tremor International

Tremor is a global company offering an end-to-end technology advertising platform, operating across three core capabilities - Video, Data and CTV. Tremor's unique approach is centered on offering a full stack of end-to-end 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. To learn more, visit www.tremorvideo.com

Amobee optimizes outcomes for advertisers and media companies, while providing a better consumer experience. Its platform assists customers by furthering their audience development, optimizing their cross-channel performance across all TV, connected TV, and digital media, and driving new customer growth through detailed analytics and reporting. To learn more, visit www.amobee.com

Unruly, the media side of Tremor, 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 premium 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 Ad Age top 100 brands. To learn more, visit www.unruly.co

Tremor is headquartered in Israel and maintains offices throughout the United States, Canada, Europe, Asia-Pacific and is traded on the London Stock Exchange (AIM: TRMR) and NASDAQ: (TRMR).

For more information, visit: https://www.tremorinternational.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

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 Financial instrument, type of instrument

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)

$3.9603

$3.9574

$3.7755

$4.1106

$4.3955

12,214

9,472

11,544

22,636

25,242

d)

Aggregated information:

· Aggregated volume

· Price

 


81,108 Ordinary Shares

$333,435.14

 

e)

Date of the transaction

7 November 2022

8 November 2022

9 November 2022

10 November 2022

11 November 2022

f)

Place of the transaction

NASDAQ Global Market

 

  

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFZMMMNDMGZZM