Adgorithms Limited PDMR Shareholding (0689F)

TIDMADGO

RNS Number : 0689F

Adgorithms Limited

15 May 2017

ADGORITHMS LTD

(the "Company")

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                         Yoram Freund 
----  ---------------------------  ------------------------------------ 
 2.    Reason for the Notification 
----  ----------------------------------------------------------------- 
 a)    Position/status              Chief Financial Officer 
----  ---------------------------  ------------------------------------ 
 b)    Initial notification/        Initial notification 
        Amendment 
----  ---------------------------  ------------------------------------ 
 3.    Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  ----------------------------------------------------------------- 
 a)    Name                         Adgorithms Ltd 
----  ---------------------------  ------------------------------------ 
 b)    LEI                          213800LPLWG1FNNMRJ97 
----  ---------------------------  ------------------------------------ 
 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               Ordinary shares of 0.01 NIS each 
        the Financial 
        instrument, type 
        of instrument 
---- 
       Identification               IL0011354904 
        code 
----  ---------------------------  ------------------------------------ 
 b)    Nature of the                Grant of options 
        transaction 
----  ---------------------------  ------------------------------------ 
 c)    Price(s) and                 Price                    Volume 
        volume(s) 
----  ---------------------------  -----------------------  ----------- 
   24.4p exercise 
    price                                                    617,253 
  --------------------------------------------------------  ----------- 
 d)    Aggregated information: 
         *    Aggregated volume       617,253 options 
                                      24.4p exercise price 
 
         *    Price 
----  ---------------------------  ------------------------------------ 
 e)    Date of the transaction      12 May 2017 
----  ---------------------------  ------------------------------------ 
 f)    Place of the                 Not on a trading venue 
        transaction 
----  ---------------------------  ------------------------------------

For further information, please contact:

 
 Adgorithms                                     +972 3537 7137 
 Or Shani, Chief Executive 
  Officer 
 Yoram Freund, Chief Financial 
  Officer 
 www.adgorithms.com 
 
 Liberum (NOMAD and Broker)                   +44 20 3100 2000 
 Neil Patel / Chris Clarke 
 www.liberum.com 
 
 Bell Pottinger                               +44 203 772 2556 
 Elly Williamson / Joanna         adgorithms@bellpottinger.com 
  Davidson 
 www.bellpottinger.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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