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Tremor International - Director/PDMR Shareholding

June 29, 2022
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RNS Number : 6794Q
Tremor International Ltd
29 June 2022
 

29 June 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 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") 393,750 time based RSUs over Ordinary Shares have vested and been issued to certain Directors of the Company as set out in the table below. In order to cover the tax obligations triggered by the vesting of the RSUs, Yaniv Carmi, Chief Operating Officer, has also sold shares (the "Share Sale") of NIS0.01 each in the capital of the Company of the Director. Full details of the Share Sale are detailed in the table below.

 

The Ordinary Shares were sold on the NASDAQ Global Market in order to cover the tax obligations of Yaniv Carmi, Chief Operating Officer, 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

-

-

3,659,045

2.42%

Yaniv Carmi

Chief Operating Officer

96,250

48,122

$4.4477

1,548,919

1.03%

Sagi Niri

Chief Financial Officer

78,750

-

-

552,650

0.37%

 

For further information or enquiries please contact:

Tremor International Ltd

Billy Eckert, Senior Director Investor Relations

 

ir@tremorinternational.com

 

KCSA (US Investor Relations)

Adam Holdsworth

 

aholdsworth@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 / 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

 

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

 

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

Restricted Stock Units over Ordinary Shares of NIS 0.01 each

Identification code

IL0011320343

b)

Nature of the transaction

Vesting of RSUs

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

218,750


d)

Aggregated information:

· Aggregated volume

· Price

 


218,750 Ordinary Shares

n/a

 

e)

Date of the transaction

22 June 2022

f)

Place of the transaction

NASDAQ 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

Restricted Stock Units over Ordinary Shares of NIS 0.01 each

Identification code

IL0011320343

b)

Nature of the transaction

Vesting of RSUs

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

96,250


d)

Aggregated information:

· Aggregated volume

· Price

 


96,250 Ordinary Shares

n/a

 

e)

Date of the transaction

22 June 2022

f)

Place of the transaction

NASDAQ 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

Restricted Stock Units over Ordinary Shares of NIS 0.01 each

Identification code

IL0011320343

b)

Nature of the transaction

Vesting of RSUs

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

78,750


d)

Aggregated information:

· Aggregated volume

· Price

 


78,750 Ordinary Shares

n/a

 

e)

Date of the transaction

22 June 2022

f)

Place of the transaction

NASDAQ 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)

$4.4477

48,122


d)

Aggregated information:

· Aggregated volume

· Price

 


48,122 Ordinary Shares

$214,033.90

 

e)

Date of the transaction

22 June 2022

f)

Place of the transaction

NASDAQ Global Market

 

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