Director Dealings Pursuant to Previously Established Non-Discretionary Plans to Trade Under Rule 10b-5

Nexxen International Ltd. (AIM/NASDAQ: NEXN) ("Nexxen" or the "Company"), a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), announces that in accordance with the vesting schedule for certain restricted stock units over Ordinary Shares of NIS0.01 each in the capital of the Company ("RSUs" and "Ordinary Shares") 393,750 time-based RSUs over Ordinary Shares have vested and been issued to certain Directors of the Company as set out in the table below.

In addition, pursuant to previously established non-discretionary plans to trade in the Company's Ordinary Shares in accordance with the terms of Rule 10b5-1 promulgated under the U.S. Securities Exchange Act of 1934, as amended (the "Rule 10b5-1 Plans"), Ofer Druker, the Company's Chief Executive Officer, and Yaniv Carmi, the Company's Chief Operating Officer, have sold Ordinary Shares (the "Share Sale") in order to cover the tax obligations triggered by the vesting of RSUs. Full details of the Share Sale are detailed in the table below.

Director
Position
Ordinary
Shares Issued
Ordinary
Shares Sold
Share Sale
Price
Resultant
Holding
% of total
voting
rights
Ofer Druker
Chief Executive Officer
218,750
1,572
4,058
$2.4656
$2.4306
4,532,921
3.24%
Yaniv Carmi
Chief Operating Officer
96,250
10,196
37,930
$2.4679
$2.4322
2,050,787
1.46%
Sagi Niri
Chief Financial Officer
78,750
-
-
1,443,900
1.03%

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

KCSA (U.S. Investor Relations)
David Hanover, Investor Relations
nexxenir@kcsa.com

Vigo Consulting (U.K. Financial PR & Investor Relations)
Jeremy Garcia / Peter Jacob / Aisling Fitzgerald
Tel: +44 20 7390 0230 or nexxen@vigoconsulting.com

Cavendish Capital Markets Limited
Jonny Franklin-Adams / Charlie Beeson / George Dollemore (Corporate Finance)
Tim Redfern / Harriet Ward (ECM)
Tel: +44 20 7220 0500


About Nexxen

Nexxen empowers advertisers, agencies, publishers and broadcasters around the world to utilize video and Connected TV in the ways that are most meaningful to them. Comprised of a demand-side platform (DSP), supply-side platform (SSP), ad server and data management platform (DMP), Nexxen delivers a flexible and unified technology stack with advanced and exclusive data at its core. Our robust capabilities span discovery, planning, activation, measurement and optimization - available individually or in combination - all designed to enable our partners to reach their goals, no matter how far-reaching or hyper niche they may be. For more information, visit www.nexxen.com

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).

1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ofer Druker
2.
Reason for the Notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nexxen International Ltd
b)
LEI
213800ZNSR7AIJZ2J557
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
Restricted Stock Units over Ordinary Shares of NIS 0.01 each
Identification code
IL0011320343
b)
Nature of the transaction
Vesting of RSUs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
218,750
d)
Aggregated information:
• Aggregated volume
• Price

218,750 Ordinary Shares
n/a
e)
Date of the transaction
22 March 2024
f)
Place of the transaction
NASDAQ Global Market

1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ofer Druker
2.
Reason for the Notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nexxen International Ltd
b)
LEI
213800ZNSR7AIJZ2J557
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 NIS 0.01 each
Identification code
IL0011320343
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s) Volume(s)
$2.4656
1,572
$2,4306
4,058
d)
Aggregated information:
• Aggregated volume
• Price
5,630 Ordinary Shares
$13,739.21
e)
Date of the transaction
22 March 2024
25 March 2024
f)
Place of the transaction
NASDAQ Global Market

1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Yaniv Carmi
2.
Reason for the Notification
a)
Position/status
Chief Operating Officer
b)
Initial notification/Amendment
Initial
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nexxen International Ltd
b)
LEI
213800ZNSR7AIJZ2J557
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
Restricted Stock Units over Ordinary Shares of NIS 0.01 each
Identification code
IL0011320343
b)
Nature of the transaction
Vesting of RSUs
c)
Price(s) and volume(s)
Price(s) Volume(s)
n/a
96,250
d)
Aggregated information:
• Aggregated volume
• Price

96,250 Ordinary Shares
n/a
e)
Date of the transaction
22 March 2024
f)
Place of the transaction
NASDAQ Global Market
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Yaniv Carmi
2.
Reason for the Notification
a)
Position/status
Chief Operating Officer
b)
Initial notification/Amendment
Initial
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nexxen International Ltd
b)
LEI
213800ZNSR7AIJZ2J557
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 NIS 0.01 each
Identification code
IL0011320343
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s) Volume(s)
$2.4679
10,196
$2.4322
37,930
d)
Aggregated information:
• Aggregated volume
• Price

48,126 Ordinary Shares
$117,413.65
e)
Date of the transaction
22 March 2024
25 March 2024
f)
Place of the transaction
NASDAQ Global Market
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sagi Niri
2.
Reason for the Notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/Amendment
Initial
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nexxen International Ltd
b)
LEI
213800ZNSR7AIJZ2J557
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
Restricted Stock Units over Ordinary Shares of NIS 0.01 each
Identification code
IL0011320343
b)
Nature of the transaction
Vesting of RSUs
c)
Price(s) and volume(s)
Price(s) Volume(s)
n/a
78,750
d)
Aggregated information:
• Aggregated volume
• Price

78,750 Ordinary Shares
n/a
e)
Date of the transaction
22 March 2024
f)
Place of the transaction
NASDAQ Global Market

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Nexxen International Ltd. published this content on 26 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2024 20:38:44 UTC.