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Tremor International - Director Dealing

October 5, 2021
PDF Version
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

Position

Ordinary Shares Issued

Ordinary Shares Sold

Share Sale Price

Resultant Holding

% of total voting rights

Ofer Druker

Chief Executive Officer

218,750

109,376

$9.54

2,861,179

1.86%

Yaniv Carmi

Chief Operating Officer

96,250

48,126

$9.55

1,258,785

0.83%

Sagi Niri

Chief Financial Officer

78,750

15,182

$10.03

239,968

0.16%

 

For further information please contact:

Tremor International Ltd

Ofer Druker, Chief Executive Officer

Sagi Niri, Chief Financial Officer

 

via Vigo Consulting

finnCap Ltd

Jonny Franklin-Adams / James Thompson (Corporate Finance)

Tim Redfern / Dicky Chambers (ECM)

 

Tel: +44 20 7220 0500

Stifel Nicolaus Europe Limited

Fred Walsh

Alain Dobkin

Nick Adams

Richard Short

 

Tel: +44 20 7710 7600

 

Vigo Consulting

Jeremy Garcia

Antonia Pollock

Tel: +44 20 7390 0230

 

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 the Financial instrument, type of instrument

Restricted Share Units over Ordinary Shares of NIS 0.01 each

Identification code

IL0011320343

b)

Nature of the transaction

Vesting of RSUs and issuance of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

218,750

 

d)

Aggregated information:

· Aggregated volume

· Price

As above

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 the Financial instrument, type of instrument

Restricted Share Units over Ordinary Shares of NIS 0.01 each

Identification code

IL0011320343

b)

Nature of the transaction

Vesting of RSUs and issuance of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

96,250

 

d)

Aggregated information:

· Aggregated volume

· Price

As above

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

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 the Financial instrument, type of instrument

Restricted Share Units over Ordinary Shares of NIS 0.01 each

Identification code

IL0011320343

b)

Nature of the transaction

Vesting of RSUs and issuance of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

78,750

 

d)

Aggregated information:

· Aggregated volume

· Price

As above

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 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)

$9.54

109,376

 

d)

Aggregated information:

· Aggregated volume

· Price

109,376

 

$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 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)

$9.55

48,126

 

d)

Aggregated information:

· Aggregated volume

· Price

48,126

 

$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 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)

$10.03

15,182

 

d)

Aggregated information:

· Aggregated volume

· Price

15,182

 

$152,275.46

e)

Date of the transaction

24 September 2021

f)

Place of the transaction

NASQAQ Global Market

 

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