Result of AGM and Grant of Options

RNS Number : 2906Y

Taptica International Ltd

04 December 2017

 

4 December 2017

Taptica International Ltd

("Taptica" or the "Company")

Result of Annual General Meeting and Grant of Options

Taptica (AIM: TAP), a global end-to-end mobile advertising platform for advertising agencies and brands, announces that at the Annual General Meeting of the Company held earlier today all resolutions were duly passed.

Following the passing of resolutions 12 and 13, the Company has today (the "Grant Date") granted a total of 360,677 options over ordinary shares of NIS 0.01 each in the Company ("Ordinary Shares") to certain executive directors under the Company's Global Share Incentive Plan (2011) at an exercise price of NIS 0.01 per Ordinary Share (the "Options"). One-third of the Options will vest and become exercisable on the first, second and third anniversary of the Grant Date respectively, subject to such executives remaining employed by the Company or a Company subsidiary on the applicable vesting dates. The Options will expire on the fifth anniversary of the Grant Date. The Options were granted to the directors of the Company as follows:

Director	Number of Options granted	Total number of options held
Hagai Tal, Chief Executive Officer	110,677	110,677
Yaniv Carmi, Chief Financial Officer	250,000	250,000

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hagai Tal
2	Reason for the notification
a)	Position/status	Chief Executive Officer and Director
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)
			NIS 0.01 (exercise price)	110,677
d)	Aggregated information
	- Aggregated volume	110,677
	- Exercise Price	NIS 0.01
e)	Date of the transaction	4 December 2017
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 Financial Officer and Director
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)
			NIS 0.01 (exercise price)	250,000
d)	Aggregated information
	- Aggregated volume	250,000
	- Exercise Price	NIS 0.01
e)	Date of the transaction	4 December 2017
f)	Place of the transaction	Outside a trading venue

For further details:

Taptica [phone]  Hagai Tal, Chief Executive Officer  finnCap (Nomad and Joint Broker) [phone] Jonny Franklin-Adams, James Thompson - Corporate Finance Tim Redfern, Richard Chambers - Corporate Broking Berenberg (Joint Broker) [phone] Chris Bowman, Mark Whitmore Luther Pendragon (PR adviser) Harry Chathli, Claire Norbury [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 600 advertisers including Amazon, Disney, Facebook, Twitter, OpenTable, Expedia, Lyft and Zynga. Taptica is headquartered in Israel with offices in San Francisco, New York, Boston, Beijing, Seoul and London. Taptica is traded on the London Stock Exchange (AIM: TAP).

 

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