28 February
2024
Nexxen International
Ltd
("Nexxen" or the
"Company")
Share buyback-transaction in own
shares
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 27 February 2024
it bought-back 120,000 ordinary shares of NIS0.01 each in the
capital of the Company ("Ordinary Shares") in the AIM market at an
average price of 204.1 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 18 December 2023 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
194,689,697 ordinary shares with a nominal value of
NIS0.01 each ("Ordinary Shares"), along with 52,811,510 shares
reclassified as dormant shares under the Israeli Companies Law
(without any rights attached thereon), the Company holds these
dormant shares in Treasury. Therefore, the total number of shares
with voting rights is 141,878,187.
The above figure of 141,878,187 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.
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
Aisling Fitzgerald
Tel: +44 20 7390 0230
or nexxen@vigoconsulting.com
Cavendish Capital Markets
Limited
Jonny Franklin-Adams / Charlie Beeson / George
Dollemore (Corporate Finance)
Tim Redfern / Harriet
Ward (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).