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Directors Dealings

23rd Sep 2015 16:30

RNS Number : 0132A
Blinkx Plc
23 September 2015
 

Directors' Dealings

 

London, England and San Francisco, CA - 23 September 2015 - blinkx plc ("blinkx" or the "Company") announces that on 18th September 2015, the following ordinary shares vested as part of the grant of restricted stock units under the US Share Plan for Senior Executives announced by the Company on 17th September 2013:

 

· 50,000 in the name of Subhransu Mukherjee; and

· 16,667 in the name of Suranga Chandratillake.

 

Each Director exercised his option to fund the tax obligation that arose from the vesting of the shares and now owns the shares indicated above.

 

Following this vesting:

 

· Mr. Mukherjee has 200,000 restricted stock units, 9,080,000 unexercised share options and 650,000 ordinary shares, together representing 2.47% of the Total Voting Rights of the Company.

· Mr. Chandratillake has 66,664 restricted stock units, 2,487,179 unexercised share option and 126,436 ordinary shares in the Company, together representing 0.67% of the Total Voting Rights of the Company.

 

 

For further information please contact:

 

Analyst and Investor Contact

Dan Slivjanovski

blinkx plc

 

Financial Media Contacts

Edward Bridges/Charles Palmer

FTI Consulting

(UK) 020 3727 1000

 

NOMAD and Joint Broker for blinkx plc

Charles Lytle/Christopher Wren

Citigroup Global Markets Limited

(UK) 020 7986 9756

Joint Broker for blinkx plc

Lorna Tilbian/Mark Lander/Nick Westlake

Numis Securities Limited

(UK) 020 7260 1000

 

 

About blinkx

blinkx (LSE AIM: BLNX) is an Internet media company that connects consumers and brands through premium content online. Founded in 2004, blinkx pioneered Internet Video Search using its patented COncept Recognition Engine (CORE). This technology leverages speech recognition, text and image analysis to deeply understand the meaning and context of video content to generate improved search relevancy for consumers and a brand safe environment for advertisers. Through its partnerships with hundreds of media companies, including NBC, Conde Nast, Reuters and Bloomberg, blinkx has indexed and search enabled millions of hours of video content. blinkx powers video search, discovery or monetization on thousands of online properties including Lycos, Discovery Networks, CBS and Fox Sports. blinkx is headquartered in San Francisco, California with offices worldwide. For more information please visit www.blinkx.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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