Source - RNS
RNS Number : 8424K
RhythmOne PLC
26 September 2016
 

RHYTHMONE PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PDMRS

London, England and San Francisco, CA - 26rd September 2016 - As required by the EU Market Abuse Regulation (MAR) with effect from 3 July 2016, RhythmOne plc ("RhythmOne" or the "Company") provides the following notification of transactions of Directors and Persons Discharging Managerial Responsibilities (PDMRs) related to the ordinary shares that vested as part of the grant of restricted stock units (RSUs) under the Company's US Share Plan, as amended September 2013:

Name of Entity:

RhythmOne plc

Notification Type:

Initial notification

Date of Transactions:

22 September 2016

Financial Instrument:

Ordinary Shares of 1p each

Identification Code:

GB00B1WBW239

Place of Transaction:

London Stock Exchange, AIM Market (XLON)

Currency:

GBP - British Pound





Name

Title

Acquisitions1


Disposals2



Price

Number

Amount


Price

Number

Amount










Subhransu Mukherjee

CEO & Director

£0.368

50,000

£18,375.00


-

-

-

Suranga Chandratillake

Director

£0.368

16,663

£6,123.65


-

-

-

Bhaskar Ballapragada

SVP

£0.368

29,170

£10,719.98


£0.365

8,985

£3,279.52

Frank Pao

CBO

£0.368

49,996

£18,373.53


£0.365

20,144

£7,352.56

Edward Reginelli

CFO

£0.368

49,996

£18,373.53


£0.365

20,144

£7,352.56

Dwight Ringdahl

SVP

£0.368

20,833

£7,656.13


£0.365

7,500

£2,737.50

Dan Slivjanovski

CMO

£0.368

37,500

£13,781.25


£0.365

16,538

£6,036.37


(1) Acquisitions refer to the number of shares that vested as part of the RSU plan

(2) Disposals refer to the number of vested shares sold in lieu of cash payments made to settle income tax obligations

 

Resultant Director holdings following these transactions are as follows:

·     Mr. Mukherjee has 9,080,000 unexercised share options and 850,000 ordinary shares, together representing 2.45% of the Total Voting Rights of the Company.

·     Mr. Chandratillake has 2,487,179 unexercised share option and 193,100, together representing 0.66% of the Total Voting Rights of the Company.

 

For further information please contact:

Analyst and Investor Contact

Dan Slivjanovski

RhythmOne plc

 

Financial Media Contacts

Edward Bridges/Charles Palmer

FTI Consulting LLP

(UK) 020 3727 1000

 

NOMAD and Joint Broker for RhythmOne

Christopher Wren

Citigroup Global Markets Limited

(UK) 020 7986 9756

Joint Broker for RhythmOne

Lorna Tilbian/Mark Lander/Nick Westlake

Numis Securities Limited

(UK) 020 7260 1000

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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