21
March 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 20
March 2024 it bought-back 90,000 ordinary shares of NIS0.01 each in
the capital of the Company ("Ordinary Shares") in the AIM market at
an average price of 203.70 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 194,704,697 ordinary shares with a nominal value of NIS0.01 each
("Ordinary Shares"), along with 54,343,532 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 140,361,165.
The above figure of 140,361,165
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).