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28 Dec 2016 07:00
RHYTHMONE PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PDMRS
London, England and San Francisco, CA - 27th December 2016 - As required by the EU Market Abuse Regulation (MAR) with effect from 3 July 2016, RhythmOne plc ("RhythmOne" or the "Company") provides the following notification of transactions of Directors and Persons Discharging Managerial Responsibilities (PDMRs) related to the ordinary shares that vested as part of the grant of restricted stock units (RSUs) under the Company's US Share Plan, as amended September 2013:
Name of Entity: | RhythmOne plc |
Notification Type: | Initial notification |
Date of Transactions: | 22 December 2016 |
Financial Instrument: | Ordinary Shares of 1p each |
Identification Code: | GB00B1WBW239 |
Place of Transaction: | London Stock Exchange, AIM Market (XLON) |
Currency: | GBP - British Pound |
Name | Title | Acquisitions(1) | Disposals(2) | ||||||
Price | Number | Amount | Price | Number | Amount | ||||
Bhaskar Ballapragada | SVP | £0.383 | 20,833 | £7,969 | £0.375 | 6,457 | £2,421 | ||
Frank Pao | CBO | £0.383 | 33,333 | £12,750 | £0.375 | 13,573 | £5,090 | ||
Edward Reginelli | CFO | £0.383 | 33,333 | £12,750 | £0.375 | 13,573 | £5,090 | ||
Dwight Ringdahl | SVP | £0.383 | 20,833 | £7,969 | £0.375 | 7,578 | £2,842 | ||
Dan Slivjanovski | CMO | £0.383 | 25,000 | £9,563 | £0.375 | 11,144 | £4,179 | ||
(1) Acquisitions refer to the number of shares that vested as part of the RSU plan
(2) Disposals refer to the number of vested shares sold in lieu of cash payments made to settle income tax obligations
In addition, on 22 December 2016 Suranga Chandratillake, an Independent Director, notified the Company that he had sold 193,100 of RhythmOne plc Ordinary Shares at a price of £0.370. Resultant Director holding following this transaction was 2,487,179 of unexercised share options, representing 0.61% of the Total Voting Rights of the Company.
For further information please contact: | |
Analyst and Investor Contact | Financial Media Contacts |
Dan Slivjanovski | Edward Bridges/Charles Palmer |
RhythmOne plc | FTI Consulting LLP |
(UK) 020 3727 1000 | |
NOMAD and Broker for RhythmOne | |
Nick Westlake/Lorna Tilbian/Mark Lander | |
Numis Securities Limited | |
(UK) 020 7260 1000 |
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