18 Jun 2020 07:01
18 June 2020
Tremor International Ltd
("Tremor" or the "Company")
Directorate Change
Tremor International Ltd (AIM: TRMR), a global leader in advertising technologies, announces that Tim Weller, Non-Executive Chairman, has informed the Company of his intention to step down from the Board and as a director of the Company.
Tim has spent six years as Chairman of Tremor, supporting the Company through its IPO in 2014 and the successful completion of a number of strategic transactions, including Tremor's merger with RhythmOne plc in 2019 and most recently, the Company's acquisition of Unruly in January this year. Tim has decided to step down from his role in order to focus on other business interests.
Tim will continue to carry out his duties and assist the Company during a transition period up to 31 August 2020, at which time he will formally leave the Board.
Ofer Duker, Chief Executive Officer of Tremor, commented:
"On behalf of the board, I would like to thank Tim for both his dedication and commitment to Tremor in his role as Chairman, during what has been a transformational period for the business, we wish him well in all of his future endeavours."
For further information or enquiries please contact:
Tremor International Ltd | via Vigo Communications |
Ofer Druker, Chief Executive Officer Sagi Niri, Chief Financial Officer
| |
finnCap Ltd Jonny Franklin-Adams James Thompson Hannah Boros
| Tel: +44 20 7220 0500 |
Vigo Communications Jeremy Garcia Antonia Pollock Charlie Neish | Tel: +44 20 7390 0230 |
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014. The Company confirms that it is no longer in possession of any unpublished price sensitive information.
About Tremor International
Tremor International Ltd is a global leader in advertising technologies, it has three core divisions: Tremor Video, RhythmOne and Unruly.
Tremor Video helps advertisers deliver impactful brand stories across all screens through the power of 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, and in-app.
The media side of Tremor, 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.
Unruly is a strong video marketplace with more than 2,000 direct integrations with publishers, unique demand relationships with the world's biggest advertisers and privileged access to News Corp inventory. Unruly works with 95% of the AdAge 100 and 82% of video views are delivered across Comscore 1,000 sites.
Tremor International Ltd is headquartered in Israel and maintains offices throughout the US and Canada, Europe, Asia-Pacific and Australia and is traded on the London Stock Exchange (AIM: TRMR).