It perhaps depends whether Singtel are prepared to be tied in for a set period of time, say 18 months, before they can sell the shares. Whether a hefty 16%+ dilution lowers the sp immediately and what effect that has.
There is a now trend to concentrate on using first party data instead of cookies. Google state: 'Our latest tests of FLoC show one way to effectively take third-party cookies out of the advertising equation and instead hide individuals within large crowds of people with common interests. Once third-party cookies are phased out, we will not build alternate identifiers to track individuals as they browse across the web, nor will we use them in our products'.
Perion intend to use 'Sort' to gather information that has been directly obtained from the audience through their activities, behaviors, and interests on the website, i.e. first-party data.
As for 'Blockchain' I have not quite grasped the mechanism of this relatively new type of database.
Reads like some kind of group depression session on here these days. Negative sentiment because of Russia and inflation is understandable. Being downbeat on speculation that the potential deal with Singtel may not be on favourable terms is lamentable. The strategic investment in Vidaa is surely a positive move?
Looks like Tremor/Unruly already have an iron in the fire: February 18, 2021 – Leading video advertising platform Unruly announced the appointment of former Amobee VP John Rogers as Vice President of Business Development.
Performance-based metrics are determined by the Compensation Committee of the Board of Directors of the Company, pursuant to the terms of the Company's 2017 Equity Incentive Plan and the Company's Global Share Incentive Plan (2011). Not sure where these are stored, must be possible to track them down.
RSU's are only subject to the executive continuing to be employed by a Company on the applicable vesting date. RSU's and PSU's both have a three year period, with 33.33% granted per annum.
PSU's vest only if pre-established three year performance targets are achieved. Performance targets include: (i) diluted earnings per share; (ii) total share-owner return; (iii) working capital and gross inventory turnover; and (iv) revenue growth.
A PSU Award may be subject to a single or multiple performance targets. The Statement of Award will specify the applicable performance targets, the performance period and vesting date, the minimum performance required for vesting, the range of vesting relative to measured performance and, if multiple performance targets apply, the relative weighting of each.
The company RNS states the following: A block admission of 4,000,000 ordinary shares of NIS0.01 each in the capital of the Company ("New Ordinary Shares") It does not state whether these come out of treasury or if they are being financed by cash or whatever. Also it does not state what remains, from whatever route they are sourced. Tremor certainly have the ability to use treasury shares.
Either way, I get your point, it is dilution by any measure.