Director/PDMR Shareholding

RNS Number : 8757A

Rightster Group PLC

30 December 2014

 



Rightster Group plc

("Rightster" or the "Group" or the "Company")

Director/PDMR Share Dealing

Rightster Group plc (AIM: RSTR), the cloud-based global video distribution and monetisation network that simplifies delivery to TV scale audiences in the complex online video market, today announces the grant of options over new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to David Mathewson, a non-executive director of the Company, in consideration of his providing operational duties to assist in the transition between Charl De Beer, outgoing Chief Financial Officer, and his replacement, Niall Dore. 

The Company has granted to Mr. Mathewson  an option to acquire 48,000 new Ordinary Shares at an exercise price of £0.32 per Ordinary Share, equal to the closing mid-market price of an Ordinary Share on 29 December 2014.

The options granted to Mr. Mathewson are in addition to options previously granted to him to acquire 348,000 new Ordinary Shares, of which options over 300,000 new Ordinary Shares are exercisable at £0.60 per Ordinary Share with the remainder being exercisable at £0.54 per Ordinary Share.

For further information, please contact:

Rightster Group plc           Lorna Smith, Investor Relations	via Newgate Threadneedle
Cenkos Securities plc	Tel: [phone]
Max Hartley (Nomad) / Julian Morse (Sales)
Newgate Threadneedle	Tel: [phone]
Josh Royston/ Heather Armstrong

About Rightster

Founded in May 2011 by CEO Charles Muirhead, with the vision of enabling media businesses and brands to overcome the huge fragmentation in the online video market with a single technology platform for engaging audiences and transacting with optimal efficiency. Rightster's cloud based software and services platform makes it simple for sports, fashion, news, entertainment, music, and viral rights holders, as well as brands and creators, to enhance the value of their video whether on a licenced, ad-funded, direct to consumer or paid placement basis.

Following the acquisitions in July and August 2014, Rightster's network now stands at over 1,950 Content Owners and over 7,500 Publishers. The Group now employs 256 staff in 11 offices across 10 countries.

 

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