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Taptica switches out CEO as RhythmOne underperforms

Tue, 02nd Apr 2019 08:23

(Sharecast News) - Advertising technologies outfit Taptica has appointed Matomy Media founder Ofer Druker as its next chief executive following a weaker than expected trading year for RhythmOne.Druker, who had been "instrumental" in the successful integration of Taptica's somewhat recently acquired Tremor Video division, will join the group's board and take over as CEO immediately.Non-executive chairman Tim Weller said: "Ofer is ideally placed to lead our business, having been instrumental in negotiating the merger with RhythmOne and, since joining the company, identifying and driving significant cost savings, synergistic benefits and revenue opportunities following Taptica's acquisition of Tremor."With RhythmOne in mind, Taptica revealed that, on a standalone basis, the business' trading had been "below market expectations" in the year ended 31 March.However, the board's outlook for RhythmOne remained unchanged as Taptica's directors "strongly believe" that, taking into account the business' trading performance to date, the merger was still "in the best interest of the shareholders"."Taptica's directors would like to reiterate that the combined scale of the two businesses creates a leading player in the video advertising space, especially in the US, and strongly believe in the future success of the enlarged group," said the group.Lastly, Taptica has approved a share buyback programme of roughly $15m worth ordinary shares.As of 0825 BST, Taptica shares had slipped 5% to 190p.

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19 Jun 2018 09:37

Taptica Shares Jump 15% As Annual Earnings To Be Ahead Of Market View

LONDON (Alliance News) - Shares in Taptica International Ltd rose early Tuesday after the company said 2018 earnings will be moderately ahead of market expectations due to continuation of positive

12 Jun 2018 18:15

GLG Partners LP Increases Stake In Taptica International (ALLISS)

LONDON (Alliance News) - Taptica International Ltd said Tuesday that GLG Partners LP had increased its stake in the mobile advertising company to 5.1% after a transaction on Monday.GLG its

23 Apr 2018 18:10

DIRECTOR DEALINGS: Taptica International Chairman Buys Shares

LONDON (Alliance News) - Taptica International Ltd, a mobile advertising platform, said that Non-Executive Chairman Tim Weller purchased 7,298 ordinary shares at 273.7 pence per share on the is in

4 Apr 2018 11:32

DIRECTOR DEALINGS: Taptica CEO Purchases 47,500 Shares

LONDON (Alliance News) - Taptica International Ltd, a global end-to-end mobile advertising platform for advertising agencies and brands, said on Wednesday Chief Executive Tal

3 Apr 2018 13:15

DIRECTOR DEALINGS: Taptica Chief Financial Officer Carmi Buys Shares

LONDON (Alliance News) - Taptica International Ltd, an end-to-end mobile advertising platform, said Chief Financial Officer Yaniv Carmi purchased 15,428 shares on purchased at

27 Mar 2018 16:14

DIRECTOR DEALINGS: Taptica International Chairman, CEO Up Holdings

LONDON (Alliance News) - Mobile advertising firm Taptica International Ltd said Tuesday two directors purchased shares in the company in transactions on Monday.Chief at

19 Mar 2018 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 20 March BellwayHalf Year Results888 HoldingsFull Year GroupTrading Year

9 Mar 2018 21:52

RPT-Trump steel tariffs may leave these U.S. steelworkers jobless

By Nick Carey FARRELL, Penn., March 9 (Reuters) - Mick Lang has been a steelworker for nearly 40 years and voted for businessman Donald Trump in the hopes he would a -

9 Mar 2018 21:48

Trump steel tariffs may leave these U.S. steelworkers jobless

By Nick Carey FARRELL, Penn., March 9 (Reuters) - Mick Lang has been a steelworker for nearly 40 years and voted for businessman Donald Trump in the hopes he would a -

1 Feb 2017 08:21

Taptica International Enters Japan Through Adinnovation Partnership

25 Jan 2017 09:34

Taptica International revenue, earnings to be ahead of expectations

(ShareCast News) - Shares in Taptica International surged after the end-to-end mobile advertising platform said that it anticipates revenue and earnings will be ahead of expectations, after better-than-expected growth in the last two months of 2016. The AIM-listed company anticipates revenue for the

9 Nov 2016 11:56

Taptica sees FY adjusted EBITDA beating views

(ShareCast News) - Mobile advertising platform Taptica reckons its full-year adjusted EBITDA will come in at about $22.5m, significantly higher than market views and up more than 200% on the year. It said it had benefitted from significant uplift from mobile advertising and some positive seasonal tr

19 Oct 2016 13:04

Taptica lands deal with China app giant Codoon

(ShareCast News) - End-to-end mobile advertising platform Taptica announced on Wednesday that it has been appointed as exclusive mobile advertising partner by Codoon, China's largest sports events and social service platform, to drive qualified user installs of its Runtopia app in the UK, US, Canada

19 Oct 2016 07:05

Taptica Chosen As Exclusive Partner To Help Codoon Outside Of China

31 Aug 2016 09:49

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