26th Sep 2016 14:22
RHYTHMONE PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PDMRS
London, England and San Francisco, CA - 26rd September 2016 - As required by the EU Market Abuse Regulation (MAR) with effect from 3 July 2016, RhythmOne plc ("RhythmOne" or the "Company") provides the following notification of transactions of Directors and Persons Discharging Managerial Responsibilities (PDMRs) related to the ordinary shares that vested as part of the grant of restricted stock units (RSUs) under the Company's US Share Plan, as amended September 2013:
Name of Entity: | RhythmOne plc | |||||||
Notification Type: | Initial notification | |||||||
Date of Transactions: | 22 September 2016 | |||||||
Financial Instrument: | Ordinary Shares of 1p each | |||||||
Identification Code: | GB00B1WBW239 | |||||||
Place of Transaction: | London Stock Exchange, AIM Market (XLON) | |||||||
Currency: | GBP - British Pound | |||||||
Name | Title | Acquisitions1 | Disposals2 | |||||
Price | Number | Amount | Price | Number | Amount | |||
Subhransu Mukherjee | CEO & Director | £0.368 | 50,000 | £18,375.00 | - | - | - | |
Suranga Chandratillake | Director | £0.368 | 16,663 | £6,123.65 | - | - | - | |
Bhaskar Ballapragada | SVP | £0.368 | 29,170 | £10,719.98 | £0.365 | 8,985 | £3,279.52 | |
Frank Pao | CBO | £0.368 | 49,996 | £18,373.53 | £0.365 | 20,144 | £7,352.56 | |
Edward Reginelli | CFO | £0.368 | 49,996 | £18,373.53 | £0.365 | 20,144 | £7,352.56 | |
Dwight Ringdahl | SVP | £0.368 | 20,833 | £7,656.13 | £0.365 | 7,500 | £2,737.50 | |
Dan Slivjanovski | CMO | £0.368 | 37,500 | £13,781.25 | £0.365 | 16,538 | £6,036.37 | |
(1) Acquisitions refer to the number of shares that vested as part of the RSU plan | ||||||||
(2) Disposals refer to the number of vested shares sold in lieu of cash payments made to settle income tax obligations | ||||||||
Resultant Director holdings following these transactions are as follows:
· Mr. Mukherjee has 9,080,000 unexercised share options and 850,000 ordinary shares, together representing 2.45% of the Total Voting Rights of the Company.
· Mr. Chandratillake has 2,487,179 unexercised share option and 193,100, together representing 0.66% of the Total Voting Rights of the Company.
For further information please contact:
Analyst and Investor Contact Dan Slivjanovski RhythmOne plc
| Financial Media Contacts Edward Bridges/Charles Palmer FTI Consulting LLP (UK) 020 3727 1000
|
NOMAD and Joint Broker for RhythmOne Christopher Wren Citigroup Global Markets Limited (UK) 020 7986 9756 | Joint Broker for RhythmOne Lorna Tilbian/Mark Lander/Nick Westlake Numis Securities Limited (UK) 020 7260 1000
|
Related Shares:
RTHM.L