Source - RNS
RNS Number : 8746K
Adgorithms Limited
27 September 2016
 

 

27 September 2016

 

ADGORITHMS LTD

("Adgorithms" or the "Company")

Director/PDMR Shareholdings

Adgorithms was yesterday notified that on 26 September 2016, Ron Stern, Or Russo and Tomer Naveh purchased a total of 85,185 ordinary shares of 0.01 NIS ("Ordinary Shares") in the capital of the Company at a price of 21 pence per Ordinary Share.

Following the purchase, Ron Stern, Chief Financial Officer, is beneficially interested in 190,895 Ordinary Shares, representing approximately 0.31 per cent. of the Company's issued share capital.

Following the purchase, Or Russo, General Manager, is beneficially interested in 3,623,164 Ordinary Shares, representing approximately 5.87 per cent. of the Company's issued share capital.

Following the purchase, Tomer Naveh, Chief Technology Officer, is beneficially interested in 3,730,847 Ordinary Shares, representing approximately 6.05 per cent. of the Company's issued share capital.

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

Ron Stern

Or Russo

Tomer Naveh

2.

Reason for the Notification

a)

Position/status

Chief Financial Officer

General Manager

Chief Technology Officer

b)

Initial notification/ Amendment

Initial notification

Initial notification

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Adgorithms Ltd

Adgorithms Ltd

Adgorithms Ltd

b)

LEI

n/a

n/a

n/a

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 the Financial instrument, type of instrument

Ordinary shares of 0.01 NIS each

Ordinary shares of 0.01 NIS each

Ordinary shares of 0.01 NIS each

Identification code

IL0011354904

IL0011354904

IL0011354904

b)

Nature of the transaction

Purchase of ordinary shares

Purchase of ordinary shares

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price

Volume

Price

Volume

Price

Volume

21p

28,395

21p

28,395

21p

28,395

d)

Aggregated information:

·Aggregated volume

·Price

Single transaction as in 4c) above

28,395

21p

Single transaction as in 4c) above

28,395

21p

Single transaction as in 4c) above

28,395

21p

e)

Date of the transaction

26 September 2016

26 September 2016

26 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

London Stock Exchange, AIM Market (XLON)

London Stock Exchange, AIM Market (XLON)

 

For further information, please contact:

 

Adgorithms

Tel: +972 3537 7137

Or Shani, Chief Executive Officer

 

Ron Stern, Chief Financial Officer

 

www.adgorithms.com

 

 

 

Liberum (NOMAD and Broker)

Tel: +44 20 3100 2000

Neil Patel / Chris Clarke / Neil Elliot

 

 

 

Vigo Communications

Tel: +44 20 7830 9700

Jeremy Garcia / Ben Simons / Fiona Henson

[email protected]

www.vigocomms.com

 

 


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