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

+972 3 545 3900 

Hagai Tal, Chief Executive Officer 



finnCap (Nomad and Joint Broker)

+44 20 7220 0500

Jonny Franklin-Adams, James Thompson - Corporate Finance

Tim Redfern, Richard Chambers - Corporate Broking



Berenberg (Joint Broker)

+44 20 3207 7800

Chris Bowman, Mark Whitmore




Luther Pendragon (PR adviser)


Harry Chathli, Claire Norbury

+44 20 7618 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 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).

 


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