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Director/PDMR Shareholding

12th Jun 2018 09:52

RNS Number : 1043R
RhythmOne PLC
12 June 2018
 

12 June 2018

 

RhythmOne plc("RhythmOne" or the "Company")

 

Director/PDMR Shareholding Notification

 

The PDMR notifications below made under Article 19.1 of the EU Market Abuse Regulation ("MAR") relate to the vesting of restricted stock units granted under the terms of the RhythmOne plc 2017 International Equity Incentive Plan (the "2017 Plan"). This announcement is made in accordance with Article 19.3 of MAR.

 

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

Mr. Dan Slivjanovski

2.

Reason for the Notification

a)

Position/status

Chief Operating Officer

b)

Initial Notification/Amendment

Initial Notification

3.

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

a)

Name

RhythmOne plc

b)

LEI

213800MZEQLXEIOJ9N61

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

Ordinary shares of £0.10 each in the Company ("Ordinary Shares")

Identification code

GB00BYW0RC64

b)

Nature of the transaction

Acquisition following the automatic vesting of 27,563 Restricted Stock Units ("RSUs") granted under the terms of the 2017 Plan, resulting in the issue of 27,563 Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.10

27,563

 

d)

Aggregated information:

- -Aggregated volume

- -Price

 

-Aggregated volume: 27,563 Ordinary Shares-Aggregated price: £0.10

e)

Date of the transaction

2 June 2018*

 

*Although the automatic vesting of the RSUs took place on 2 June 2018, the Ordinary Shares to be issued pursuant to such vesting have not been settled in the account of the PDMR until the completion of the sales of Ordinary Shares to fund the tax liability

f)

Place of the transaction

London Stock Exchange

 

For further enquiries:

 

Financial Media ContactsEdward Bridges / Rob MindellFTI Consulting LLP(UK) 020 3727 1000

 

Nomad and Broker for RhythmOneNick Westlake (Nomad) / Michael Wharton / Toby AdcockNumis Securities Limited(UK) 020 7260 1000

 

About RhythmOneRhythmOne drives engagement between advertisers and targeted audiences - resulting in real, measurable business outcomes. We offer fully integrated, cross-screen solutions that span desktop, mobile, and connected TV ("CTV") across high-impact video, rich media, display, social, and native advertising formats - ensuring advertisers reach high-propensity audiences wherever and however they consume content. The connections we make are further enhanced through unique audience data and powered by our unified programmatic platform, RhythmMax. RhythmMax includes unique verification technology, RhythmGuard, which ensures quality audiences in brand safe environments. This end-to-end platform - coupled with the world-class service of our account teams - provides more direct, efficient, and effective connections, driving ROI for advertisers and publishers. Founded in 2004 in the UK, RhythmOne is headquartered in San Francisco with offices in the US, UK, Europe, APAC, and Canada. For more information, please visit www.rhythmone.com.

 

- End -

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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