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Block Admission Application

31 Jan 2020 07:00

RNS Number : 5000B
Tremor International Ltd
31 January 2020
 

31 January 2020

Tremor International Ltd

("Tremor" or the "Company")

 

 

Block Admission Application

 

Tremor International Ltd (AIM: TRMR), a global leader in video advertising technologies, announces that application has been made to the London Stock Exchange plc for a block admission of 2,000,000 ordinary shares of NIS0.01 each in the capital of the Company ("New Ordinary Shares") to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur on 3 February 2020.

 

These New Ordinary Shares shall be issued and allotted from time to time pursuant to the exercise of share options and the vesting of restricted share units (RSUs), performance share units (PSUs) and restricted shares under the Company's Global Share Incentive Plan (2011), the Company's 2017 Equity Incentive Plan and the New Taptica Management Incentive Scheme and RhythmOne Plan. The New Ordinary Shares, when issued, shall rank equally with the Company's existing issued ordinary shares.

 

Tremor's issued share capital consists of 132,597,026 ordinary shares with a nominal value of NIS0.01 each ("Ordinary Shares"), along with 22,696,078 shares reclassified as dormant shares under the Israeli Companies Law (without any rights attached thereon), the Company holds these dormant shares in Treasury. Therefore, the total number of shares with voting rights is 132,597,026. The Company will notify on a monthly basis where there have been changes to the issued share capital.

 

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 and Broker)

Tel: +44 (0)20 7220 0500

Corporate Finance - Jonny Franklin-Adams, James Thompson, Hannah Boros

ECM - Tim Redfern, Richard Chambers

 

Vigo Communications (Financial Public Relations)

Jeremy Garcia

Antonia Pollock

Charlie Neish

tremor@vigocomms.com

Tel: +44 (0)20 7390 0230

 

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.

 

About Tremor International

Tremor International Ltd is a global leader in advertising technologies, it has three core divisions: Tremor Video (brand advertising), RhythmOne (media) and Taptica (performance advertising).

 

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, in stream, in-app and private marketplaces.

 

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.

 

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).

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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