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IN BRIEF: Tremor International confirms NDA with third party

23rd Nov 2021 18:11

Tremor International Ltd - Tel Aviv-based video and connected TV advertising technology - In response to press report, confirms that it has entered a non-disclosure agreement with a third party, though no real discussions have taken place so far.

Company also says it is "routinely engaged" in several strategic discussions with third parties and shareholders, and considers this "normal course of business".

"The company's underlying performance remains strong along with the Board's confidence in the future performance of the business," Tremor states.

On Monday, Sky News reported that shareholders have called for Chair Chris Stibbs to launch an immediate strategic review of the company.

Current stock price: 590.00 pence, up 1.0% on Tuesday

Year-to-date change: up 51%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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