Tremor International Ltd (AIM: TRMR), a global leader in advertising technologies, announces that Yaniv Carmi, CFO of the Company has sold 75,000 shares of NIS 0.01 ("Ordinary Shares") at 150 pence per share to in order to prevent double taxation that would arise given his relocation to Tremor's headquarters in New York. Following the sale, Yaniv holds 402,905 Ordinary Shares and 2,825,328 Options/RSU, representing 0.034 per cent. of the total voting rights.
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. The below notification is made in accordance with the requirements of the EU Market Abuse Regulation.
Details of the person discharging managerial responsibilities / person closely associated
Reason for the Notification
Chief Financial Officer
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Tremor International Ltd
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
Description of the Financial instrument, type of instrument
Ordinary Shares of 0.01 NI
Nature of the transaction
Sale of Ordinary Shares
Price(s) and volume(s)
· Aggregated volume
Date of the transaction
25 October 2019
Place of the transaction
For further information please contact:
Tremor International Ltd
Ofer Druker, Chief Executive Officer
Yaniv Carmi, Chief Financial Officer
Tel: +972 3 545 3900
finnCap Ltd(Nominated Adviser)
Corporate Finance - Jonny Franklin-Adams, James Thompson, Hannah Boros
Tremor International Ltd is a global leader in advertising technologies, operating in more than 70 countries. It has three core divisions: Tremor Video (brand advertising), Taptica (performance advertising) and RhythmOne (media).
Tremor Video helps advertisers deliver impactful brand stories across all screens through the power of creative video intelligence-innovative video technology combined with advanced audience data and captivating creative. Tremor Video is one of the largest and most innovative video advertising companies in North America, with offerings in CTV, influencer marketing, and private marketplaces.
The Taptica performance business is an end-to-end mobile technology advertising platform that helps the world's top brands reach their most valuable users with the widest range of traffic sources available today. Its proprietary technology leverages big data to target quality media at scale. It works with more than 600 advertisers including Amazon, Alibaba, Bytedance, Netmarble, Stubhub and OpenTable.
RhythmOne drives real business outcomes in multiscreen advertising. Its highly-ranked programmatic platform efficiently and effectively delivers performance, quality, and actionable data to demand and supply-focused clients and partners - and its influencer marketing offering fosters action and awareness by connecting brands with influencers who create and distribute branded content to engaged consumers.
Tremor International Ltd is headquartered in Israel and maintains offices throughout the US and Canada, Asia-Pacific, Europe, India, and Latin America, and is traded on the London Stock Exchange (AIM: TRMR).
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