RhythmOne PLC Director/PDMR Shareholding (1041R)

TIDMRTHM

RNS Number : 1041R

RhythmOne PLC

12 June 2018

12 June 2018

RhythmOne plc

("RhythmOne" or the "Company")

Director/PDMR Shareholding Notification

The PDMR notifications below made under Article 19.1 of the EU Market Abuse Regulation ("MAR") relate to the vesting of restricted stock units granted under the terms of the RhythmOne plc 2017 International Equity Incentive Plan (the "2017 Plan"). This announcement is made in accordance with Article 19.3 of MAR.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
1.    Details of the person discharging managerial responsibilities 
       / person closely associated 
    --------------------------------------------------------------------------------- 
a)    Name                              Ms. Amy Rothstein 
    --------------------------------  ----------------------------------------------- 
2.    Reason for the Notification 
    --------------------------------------------------------------------------------- 
a)    Position/status                   Chief Legal Officer 
    --------------------------------  ----------------------------------------------- 
b)    Initial Notification/Amendment    Initial Notification 
    --------------------------------  ----------------------------------------------- 
3.    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
    --------------------------------------------------------------------------------- 
a)    Name                              RhythmOne plc 
    --------------------------------  ----------------------------------------------- 
b)    LEI                               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      Ordinary shares of GBP0.10 each in the 
       instrument, type of               Company ("Ordinary Shares") 
       instrument 
    --------------------------------  ----------------------------------------------- 
      Identification code               GB00BYW0RC64 
    --------------------------------  ----------------------------------------------- 
b)    Nature of the transaction         Acquisition following the automatic vesting 
                                         of 1,201 Restricted Stock Units ("RSUs") 
                                         granted under the terms of the 2017 Plan, 
                                         resulting in the issue of 1,201 Ordinary 
                                         Shares 
    --------------------------------  ----------------------------------------------- 
c)    Price(s) and volume(s)              Price(s)     Volume(s) 
                                         -----------  ----------- 
                                           GBP0.00      1,201 
                                         -----------  ----------- 
    --------------------------------  ----------------------------------------------- 
d)    Aggregated information:            -Aggregated volume: 1,201 Ordinary Shares 
        *    Aggregated volume            -Aggregated price: GBP0.00 
 
 
        *    Price 
    --------------------------------  ----------------------------------------------- 
e)    Date of the transaction           21 May 2018* 
                                         *Although the automatic vesting of the 
                                         RSUs took place on 21 May 2018, the Ordinary 
                                         Shares to be issued pursuant to such 
                                         vesting have not been settled in the 
                                         account of the PDMR until the completion 
                                         of the sales of Ordinary Shares to fund 
                                         the tax liability 
    --------------------------------  ----------------------------------------------- 
f)    Place of the transaction          London Stock Exchange 
    --------------------------------  ----------------------------------------------- 
 

For further enquiries:

Financial Media Contacts

Edward Bridges / Rob Mindell

FTI Consulting LLP

(UK) 020 3727 1000

Nomad and Broker for RhythmOne

Nick Westlake (Nomad) / Michael Wharton / Toby Adcock

Numis Securities Limited

(UK) 020 7260 1000

About RhythmOne

RhythmOne drives engagement between advertisers and targeted audiences - resulting in real, measurable business outcomes. We offer fully integrated, cross-screen solutions that span desktop, mobile, and connected TV ("CTV") across high-impact video, rich media, display, social, and native advertising formats - ensuring advertisers reach high-propensity audiences wherever and however they consume content. The connections we make are further enhanced through unique audience data and powered by our unified programmatic platform, RhythmMax. RhythmMax includes unique verification technology, RhythmGuard, which ensures quality audiences in brand safe environments. This end-to-end platform - coupled with the world-class service of our account teams - provides more direct, efficient, and effective connections, driving ROI for advertisers and publishers. Founded in 2004 in the UK, RhythmOne is headquartered in San Francisco with offices in the US, UK, Europe, APAC, and Canada. For more information, please visit www.rhythmone.com.

- End -

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June 12, 2018 04:50 ET (08:50 GMT)