Grant of Options to PDMR

RNS Number : 2431A

Taptica International Ltd

22 March 2017

 

22 March 2017

Taptica International Ltd

("Taptica" or the "Company")

Grant of Options to PDMR

Taptica (AIM: TAP), a global end-to-end mobile advertising platform for advertising agencies and brands, announces that on 20 March 2017 (the "Grant Date") it granted 375,000 options over ordinary shares of NIS 0.01 each in the Company to Mr. Tal Dagan, Vice President of Product, under the Company's Global Share Incentive Plan (2011) at an exercise price of 244 pence representing the average closing price of the Company's Ordinary Shares on AIM during the 30 trading days ending on the Grant Date (the "Options"). Fifty percent of the Options will vest and become exercisable on the second anniversary of the Grant Date, twenty-five percent will vest and become exercisable on the third anniversary of the Grant Date and the remaining twenty-five percent will vest and become exercisable on the fourth anniversary of the Grant Date, subject to Mr. Dagan remaining employed by the Company or a Company subsidiary on the applicable vesting dates. The Options will expire on 20 March 2022.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tal Dagan
2	Reason for the notification
a)	Position/status	VP Product
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Taptica International Ltd
b)	LEI	N/A
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	Share Options over Ordinary Shares of NIS 0.01 each
	Identification code	IL0011320343
b)	Nature of the transaction	Grant of share options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			244p (exercise price)	375,000
d)	Aggregated information
	- Aggregated volume	375,000
	- Exercise Price	244p
e)	Date of the transaction	20 March 2017
f)	Place of the transaction	London Stock Exchange

For further details:

Taptica Hagai Tal, Chief Executive Officer                                 Investec Bank Dominic Emery, Henry Reast, Junya Iwamoto    Luther Pendragon Harry Chathli, Claire Norbury

[phone] [phone] [phone]

About Taptica

Taptica is a global end-to-end mobile advertising platform that helps the world's top brands reach their most valuable users with the widest range of traffic sources available today, including social. Its proprietary technology leverages big data and, combined with state-of-the-art machine learning, enables quality media targeting at scale. Taptica creates a single arena in which brands can scale and engage more relevantly with mobile audiences, staying ahead of the competition. It works with more than 450 advertisers including Amazon, Disney, Facebook, Twitter, OpenTable, Expedia, Lyft and Zynga. Taptica is headquartered in Israel with offices in San Francisco, New York, Beijing, Seoul and London. Taptica is traded on the London Stock Exchange (AIM: TAP).

 

END

 

 

DSHJTMFTMBBTBAR