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3 Jan 2019 07:00
3 January 2019
Taptica International Ltd
("Taptica" or the "Company")
Share Buyback Update
Taptica (AIM: TAP), a global leader in advertising technologies for performance-based mobile marketing and brand advertising, announces that the Company has suspended its share buyback program as it has entered into preliminary discussions with a potential acquisition target. The program will recommence should these talks terminate and the Company not be in a close period for any other reason. A further announcement will be made in due course. There can be no certainty that any transaction will follow or regarding the terms of any such transaction.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
For further information please contact:
Taptica | +972 3 545 3900 |
Yaniv Carmi, Chief Financial Officer Rivi Bloch, Interim Chief Executive Officer | |
finnCap | +44 20 7220 0500 |
Corporate Finance: Jonny Franklin Adams, James Thompson, Hannah Boros | |
Corporate Broking: Tim Redfern | |
Berenberg | +44 20 3207 7800 |
Chris Bowman, Mark Whitmore | |
Luther Pendragon | +44 20 7618 9100 |
Harry Chathli, Claire Norbury | |
About Taptica
Taptica International Ltd is a global leader in advertising technologies that operates in more than 70 countries. It has two revenue streams: performance-based marketing, provided by its Taptica business, and brand advertising, provided by its Tremor Video DSP business.
The Taptica business is an end-to-end mobile technology advertising platform that helps the world's top brands reach their most valuable users with the widest range of traffic sources available today. Its proprietary technology leverages big data and, combined with state-of-the-art machine learning, enables quality media targeting at scale. It works with more than 600 advertisers including Amazon, Disney, Twitter, OpenTable, Expedia and Zynga.
Tremor Video DSP is the leading programmatic video platform, matching advertisers with audiences - wherever they may be. Delivering custom video experiences across all screens, Tremor Video DSP helps advertisers tell captivating brand stories to create meaningful, personalised moments with prospective customers. Tremor Video DSP works with the top agencies and advertisers in the US.
Taptica International Ltd is headquartered in Israel with offices in San Francisco, New York, Tokyo (Adinnovation), Beijing, Seoul and London, and is traded on the London Stock Exchange (AIM: TAP).
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