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               

 

 

+972 3 545 3900

 

 

+44 207 597 5970

 

 

+44 207 618 9100

 

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).


This information is provided by RNS
The company news service from the London Stock Exchange
 
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