TIDMTRMR

RNS Number : 3027I

Tremor International Ltd

01 April 2020

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS .

01 April 2020

Tremor International Ltd

("Tremor" or the "Company")

Rule 19.6(c) confirmation with respect to stated post-offer intentions with regard to RhythmOne Plc

On 1 April 2019, the recommended offer by the Company for the entire issued and to be issued ordinary share capital of RhythmOne plc ("RhythmOne"), which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006, completed. The announcement by the Company pursuant to Rule 2.7 of the Code on 4 February 2019 and the subsequent scheme document dated 25 February 2019 included statements of intent pursuant to Rules 2.7(c)(iv) and 24.2 of the Code (the "Published Intentions").

On 4 July 2019, pursuant to Rule 19.6(b) of the Code, the Company announced that it had taken a different course of action from the Published Intentions (the "Revised Intentions").

The Company confirms, in accordance with the requirements of Rule 19.6(c) of the Code, that its board of directors has duly confirmed in writing to The Panel on Takeovers and Mergers that the Company has complied with the Published Intentions and Revised Intentions as appropriate.

For further information please contact

 
Tremor International Ltd                          Tel: +972 3 545 3900 
 Ofer Druker, Chief Executive Officer 
 Sagi Niri, Chief Financial Officer 
finnCap Ltd (Nominated Adviser)                   Tel: +44 (0)20 7220 
 Corporate Finance - Jonny Franklin-Adams, James   0500 
 Thompson, Hannah Boros 
 ECM - Tim Redfern, Richard Chambers 
Vigo Communications (Financial Public Relations)  Tel: +44 (0)20 7390 
 Jeremy Garcia                                     0230 
 Antonia Pollock 
 Charlie Neish 
 tremor@vigocomms.com

About Tremor International

Tremor International Ltd is a global leader in advertising technologies, it has multiple core divisions: Tremor Video, RhythmOne and Unruly.

Tremor Video helps advertisers deliver impactful brand stories across all screens through the power of innovative video technology combined with advanced audience data and captivating creative. Tremor Video is one of the largest and most innovative video advertising companies in North America, with offerings in CTV, in stream, and in-app.

The media side of Tremor, RhythmOne, drives real business outcomes in multiscreen advertising. Its highly ranked programmatic platform efficiently and effectively delivers performance, quality, and actionable data to demand and supply-focused clients and partners.

Unruly is a strong video marketplace with more than 2,000 direct integrations with publishers, unique demand relationships with the world's biggest advertisers and privileged access to News Corp inventory. Unruly works with 95% of the AdAge 100 and 82% of video views are delivered across Comscore 1,000 sites.

Tremor International Ltd is headquartered in Israel and maintains offices throughout the US and Canada, Europe, Asia-Pacific and Australia and is traded on the London Stock Exchange (AIM: TRMR).

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April 01, 2020 02:00 ET (06:00 GMT)