Director Dealings

Nexxen International Ltd
03 September 2024
 

3 September 2024

 

Nexxen International Ltd

("Nexxen" or the "Company")

 

Director Dealings Pursuant to Previously Established Non-Discretionary Plans to Trade Under Rule 10b-5

 

Nexxen International Ltd. (AIM/NASDAQ: NEXN) ("Nexxen" or the "Company"), a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), announces pursuant to previously established non-discretionary plans to trade in the Company's Ordinary Shares in accordance with the terms of Rule 10b5-1 promulgated under the U.S. Securities Exchange Act of 1934, as amended (the "Rule 10b5-1 Plans"), Ofer Druker, the Company's Chief Executive Officer has sold Ordinary Shares (the "Share Sale") in order to cover the tax obligations triggered by the vesting of PSUs announced on 20 August 2024. Full details of the Share Sale are detailed in the table below.

 

Director

Position

Ordinary Shares Sold

Share Sale Price

Resultant Holding

% of total voting rights

Ofer Druker

Chief Executive Officer

18,156

18,942

29,518

16,538

44,936

17,658

12,960

5,012

$3.6230

$3.6877

$3.8676

$3.9774

$4.0466

$3.9629

$3.8684

$3.8451

4,673,355

3.45%

 

 

 

For further information please contact:

 

Nexxen International Ltd.
Billy Eckert, Vice President of Investor Relations
ir@nexxen.com

 

Caroline Smith, Vice President of Communications

csmith@nexxen.com

 

KCSA (U.S. Investor Relations)
David Hanover, Investor Relations
nexxenir@kcsa.com  

 

Vigo Consulting (U.K. Financial PR & Investor Relations)
Jeremy Garcia / Peter Jacob
Tel: +44 20 7390 0230 or 
nexxen@vigoconsulting.com 

 

Cavendish Capital Markets Limited
Jonny Franklin-Adams / Seamus Fricker / Rory Sale (Corporate Finance)
Tim Redfern / Jamie Anderson (ECM)
Tel: +44 20 7220 0500

 

About Nexxen

 

Nexxen empowers advertisers, agencies, publishers and broadcasters around the world to utilize data and advanced TV in the ways that are most meaningful to them. Our flexible and unified technology stack comprises a demand-side platform ("DSP") and supply-side platform ("SSP"), with the Nexxen Data Platform at its core. With streaming in our DNA, Nexxen's robust capabilities span discovery, planning, activation, monetization, measurement and optimization - available individually or in combination - all designed to enable our partners to reach their goals, no matter how far-reaching or hyper niche they may be.

 

Nexxen is headquartered in Israel and maintains offices throughout the United States, Canada, Europe and Asia-Pacific, and is traded on the London Stock Exchange (AIM: NEXN) and NASDAQ (NEXN). For more information, visit www.nexxen.com.

 

 

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ofer Druker

2. 

Reason for the Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Nexxen International Ltd

b)

LEI

213800ZNSR7AIJZ2J557

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

Performance Stock Units over Ordinary Shares of NIS 0.01 each

Identification code

IL0011320343

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$3.6230

$3.6877

$3.8676

$3.9774

$4.0466

$3.9629

$3.8684

$3.8451

18,156

18,942

29,518

16,538

44,936

17,658

12,960

5,012

d)

Aggregated information:

· Aggregated volume

· Price

 


163,720 Ordinary Shares

636,791.23

 

e)

Date of the transaction

20 August 2024

21 August 2024

22 August 2024

23 August 2024

26 August 2024

27 August 2024

28 August 2024

29 August 2024

f)

Place of the transaction

NASDAQ Global Market

 

 

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