RhythmOne PLC Director/PDMR Shareholding (6896S)

TIDMRTHM

RNS Number : 6896S

RhythmOne PLC

04 October 2017

RhythmOne plc

Director's Dealing

London, England and San Francisco, CA - 4 October 2017 - RhythmOne plc ("RhythmOne" or the "Company") announces that, subsequent to the Company's Executive and Directorate Changes announcement on 11 September 2017, a grant of 292,611 restricted stock units ("RSU") was awarded to Edward Reginelli on 29 September 2017 as part of his Executive compensation (notification details below). These RSUs are subject to a six-month cliff, at which time 48,866 of the RSUs will vest, and thereafter vesting will occur in ten equal and successive quarterly increments.

PDMR DEALING NOTIFICATION

 
 1    Details of the Person Discharging Managerial Responsibilities/person closely associated 
---  ------------------------------------------------------------------------------------------------ 
 a)   Name                                                           Edward Reginelli 
---  ------------------------------------------------------------  ---------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------------------------ 
 a)   Position/status                                               Chief Financial Officer 
---  ------------------------------------------------------------  ---------------------------------- 
 b)   Initial notification/Amendment                                Initial Notification 
---  ------------------------------------------------------------  ---------------------------------- 
 3    Details of the issuer 
---  ------------------------------------------------------------------------------------------------ 
 a)   Name                                                          RhythmOne plc 
---  ------------------------------------------------------------  ---------------------------------- 
 b)   Legal Entity Identifier                                       213800MZEQLXEIOJ9N61 
---  ------------------------------------------------------------  ---------------------------------- 
 4    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 
---  ------------------------------------------------------------------------------------------------ 
 a)   Description of the financial instrument, type of instrument   Restricted stock unit 
       Identification code 
                                                                     GB00BYW0RC64 
---  ------------------------------------------------------------  ---------------------------------- 
 b)   Nature of the transaction 
                                                                      Grant of restricted stock units 
---  ------------------------------------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s) 
                                                                     ----------  ---------- 
                                                                      USD$4.61    292,611 
                                                                     ----------  ---------- 
---  ------------------------------------------------------------  ---------------------------------- 
 d)   Aggregated information-  Aggregated volume 
                                                                      USD$1,348,936.71 
       -  Price 
---  ------------------------------------------------------------  ---------------------------------- 
 e)   Date of the transaction                                       2017-09-29 
---  ------------------------------------------------------------  ---------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange, AIM Market 
---  ------------------------------------------------------------  ---------------------------------- 
 

About RhythmOne

RhythmOne is a technology-enabled digital media company that connects online audiences with brands through premium content across devices. Founded in 2004, the Company pioneered Internet video search and works with digital advertisers, publishers and content providers to offer fully integrated, cross-screen solutions that span desktop and mobile video, rich media, display, social and native advertising, and content formats. Through its fully integrated programmatic platform, RhythmMax, the Company represents digital advertising inventory across owned, controlled and extended supply sources. The RhythmMax platform includes unique brand safety technology, RhythmGuard, which combines leading third-party verification and proprietary filtering technologies to ensure inventory quality in brand safe environments. RhythmOne's goal is to maximize the return on advertising spend and provide the most efficient and effective marketplace for digital advertising. The Company is headquartered in San Francisco, California with offices in the US, UK and Canada. For more information please visit www.rhythmone.com.

Analyst and Investor Contact

Dan Slivjanovski

RhythmOne plc

Financial Media Contacts

Edward Bridges / Charles Palmer

FTI Consulting LLP

(UK) 020 3727 1000

Nomad and Broker for RhythmOne

Nick Westlake (Nomad) / Lorna Tilbian / Michael Wharton

Numis Securities Limited

(UK) 020 7260 1000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 04, 2017 05:51 ET (09:51 GMT)