CEO & CFO Purchase of Shares & Holdings in Company

RNS Number : 6778N

Crossrider plc

28 October 2016

 

Crossrider plc

("Crossrider," the "Company" or the "Group")

CEO & CFO Purchase of Shares and Holdings in Company

Crossrider (AIM:CROS), the online distribution and digital product company, announces that it has been notified that on 27 October 2016 that Ido Erlichman, Chief Executive Officer, and Moran Laufer, Chief Financial Officer, respectively purchased 100,000 and 50,000 ordinary shares of US$0.0001 par value in the Company ("Ordinary Shares at a price of 35p per Ordinary Share.

Following this transaction, Mr Erlichman holds 100,000 shares, representing 0.07% of the Company's issued share capital (excluding treasury shares) and Mr Laufer holds 50,000 shares, representing 0.04%. Full details as required under the Market Abuse Regulation are set out below.

Notification of Transactions of Directors / Persons Discharging Managerial Responsibility and Connected Persons

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ido Erlichman
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Crossrider plc
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 Identification code	Ordinary shares of US$0.0001 par value in Crossrider plc IM00BQ8NYV14
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 35p 100,000
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	27/10/16
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Moran Laufer
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Crossrider plc
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 Identification code	Ordinary shares of US$0.0001 par value in Crossrider plc IM00BQ8NYV14
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 35p 50,000
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	27/10/16
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

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For more information contact

Crossrider plc Ido Erlichman, Chief Executive Officer Moran Laufer, Chief Financial Officer c/o Bell Pottinger	[phone]
Shore Capital Bidhi Bhoma Toby Gibbs	[phone]
Bell Pottinger David Rydell James Newman Sam Cartwright	[phone]

About Crossrider

Crossrider is an online distribution and digital product company. The Company utilises its proprietary marketing technology platforms to prospect, optimise and monetise mobile and web media. Crossrider powers all aspects of an online product to create a superb user experience. The Company offers improved retention and re-engagement rates, greatly enhancing the value of user activity. Crossrider provides its platforms to its customers for use with their products as well as developing and expanding its own product portfolio.

Crossrider's vision is to provide and develop best-in-class digital products for its users globally.

www.crossrider.com 

 

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