5 December
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, flexible advertising
technology platform with deep expertise in data and advanced
TV, announces that on 4 December 2024 it
bought-back 100,000 ordinary shares of NIS0.01 each in the capital
of the Company ("Ordinary Shares") in the AIM market at an average
price of 396.63 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 19
November 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
197,796,775 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) 59,530,845 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 132,636,250.
The above figure of 132,636,250 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
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
Nexxen empowers advertisers, agencies,
publishers and broadcasters around the world to utilize data and
advanced TV in the ways that are most meaningful to them. Our
flexible and unified technology stack comprises a demand-side
platform ("DSP") and supply-side platform ("SSP"), with the Nexxen
Data Platform at its core. With streaming in our DNA, Nexxen's
robust capabilities span discovery, planning, activation,
monetization, measurement and optimization - available individually
or in combination - all designed to enable our partners to achieve
their goals, no matter how far-reaching or hyper niche they may
be.
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). For more information, visit
www.nexxen.com.