4
November 2024
Nexxen International
Ltd
("Nexxen"
or the "Company")
Share buyback-transaction in
own shares and completion of buyback
Nexxen International Ltd.
(AIM/NASDAQ: NEXN) ("Nexxen" or the "Company"), a global, unified
advertising technology platform with deep expertise in video and
Connected TV ("CTV"), announces that on 1
November 2024 it bought-back 160,119 ordinary shares of NIS0.01
each in the capital of the Company ("Ordinary Shares") in the AIM
market at an average price of 311.25 pence per Ordinary Share. The
Ordinary Shares were acquired through Cavendish Capital Markets
Limited, pursuant to the Company's Buyback Programme on the AIM
market as announced on 7 May 2024 and will be reclassified as
dormant shares under the Israeli Companies Law (without any rights
attached thereon) and will be held in treasury.
Total Voting Rights
For the purposes of the Financial
Conduct Authority's Disclosure and Transparency Rules, Nexxen
notifies the market that as at the date of this announcement, the Company's issued share capital
consists of 197,550,375 ordinary shares with a nominal value of NIS0.01 each
("Ordinary Shares"), with (i) 5,629,680 of such Ordinary Shares
held by a subsidiary of the Company without voting rights under the
Israeli Companies Law, and (ii) 58,830,845 of such Ordinary Shares
held by the Company and classified as dormant shares in Treasury
under the Israeli Companies Law (without any rights attached
thereon). Therefore, the total number of Ordinary Shares with
voting rights is 133,089,850.
The above figure of 133,089,850
Ordinary Shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Buyback Completion
The Company is pleased to announce
the completion of its on-market share buyback programme as
announced on 7 May 2024.
For further information please
contact:
Nexxen International
Ltd.
Billy Eckert, Vice President of Investor
Relations
ir@nexxen.com
Caroline Smith, Vice President of Communications
csmith@nexxen.com
KCSA
(U.S. Investor Relations)
David Hanover, Investor Relations
nexxenir@kcsa.com
Vigo
Consulting (U.K. Financial PR & Investor
Relations)
Jeremy Garcia / Peter Jacob
Tel: +44 20 7390 0230
or nexxen@vigoconsulting.com
Cavendish Capital Markets
Limited
Jonny Franklin-Adams / Seamus Fricker / Rory Sale
(Corporate Finance)
Tim Redfern / Jamie
Anderson (ECM)
Tel: +44 20 7220 0500
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 Nexxen
International
Nexxen International empowers
advertisers, agencies, publishers and broadcasters around the world
to utilize video and Connected TV in the ways that are most
meaningful to them. Comprised of a demand-side platform (DSP),
supply-side platform (SSP), ad server and data management platform
(DMP), Nexxen delivers a flexible and unified technology stack with
advanced and exclusive data at its core. Our robust capabilities
span discovery, planning, activation, measurement, and optimization
- available individually or in combination - all designed to enable
our partners to reach their goals, no matter how far-reaching or
hyper niche they may be. For more information, visit
nexxen.com.
Nexxen is headquartered in Israel
and maintains offices throughout the United States, Canada, Europe,
and Asia-Pacific, and is traded on the London Stock Exchange (AIM:
NEXN) and NASDAQ (NEXN).
