20 Jul 2021 11:50
20 July 2021
7digital Group plc
("7digital" or "the Company")
Director Share Purchase
7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, announces that Tamir Koch, Non-Executive Chairman, purchased 1,500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") on 16 July 2021 at a price of $0.0128 per Ordinary Share.
Following this purchase, Mr. Koch has an interest in 446,512,126 Ordinary Shares, representing 16.40% of the issued share capital of the Company.
Enquiries
7digital Paul Langworthy | c/o +44 20 7618 9100 |
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Arden Partners (Nominated Adviser and Broker) Richard Johnson | +44 20 7614 5900 |
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Luther Pendragon (Financial PR) Harry Chathli, Joe Quinlan | +44 20 7618 9100 7digitalIR@luther.co.uk |
About 7digital
7digital is the global leader in B2B end-to-end digital music solutions, providing a scalable cloud-based platform that enables companies and brands to connect to its global music catalogue and rights management system to launch and manage unique and engaging music experiences. Operating worldwide in over 80 markets and integrated with more than 300,000 labels and publishers, 7digital's platform automates the complex and time-consuming processes of music management, making it easier to access and use music in streaming services, social media, home fitness, gaming, retail and more. With best-in-class infrastructure, deep industry expertise and intelligence tools, 7digital empowers their clients to innovate, grow and serve tomorrow's music consumer. For more information, visit http://www.7digital.com/.
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| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Tamir Koch | |||
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| Reason for the notification
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a)
| Position/status
| Non-Executive Chairman | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
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| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| 7digital Group plc | |||
b)
| LEI
| 213800Z18A7JGS54KF43
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| 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
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a)
| Description of the financial instrument, type of instrument | Ordinary shares of 0.01 pence each | |||
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Identification code | GB00BMH46555 | ||||
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b)
| Nature of the transaction
| Purchase of Ordinary Shares
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c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| $0.0128
| 1,500,000 |
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d)
| Aggregated information |
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| N/A | ||||
- Aggregated volume |
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- Price |
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e)
| Date of the transaction
| 16 July 2021 | |||
f)
| Place of the transaction
| London Stock Exchange | |||