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Director/PDMR Shareholding Notification

RhythmOne plc
(“RhythmOne” or the “Company”)

Director/PDMR Shareholding Notification

The PDMR notifications below made under Article 19.1 of the EU Market Abuse Regulation (“MAR”) relate to the vesting of restricted stock units granted under the terms of the RhythmOne plc 2017 International Equity Incentive Plan (the “2017 Plan”). This announcement is made in accordance with Article 19.3 of MAR.

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

Ms. Rebecca Skrak

2.           

Reason for the Notification

a)

Position/status

Senior Vice President, Operations

b)

Initial  Notification/Amendment

Initial Notification

3.   

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

a)

Name

RhythmOne plc

b)

LEI

213800MZEQLXEIOJ9N61

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 £0.10 each in the Company (“Ordinary Shares”)

Identification code

GB00BYW0RC64

b)

Nature of the transaction

Acquisition following the automatic vesting of 960 Restricted Stock Units (“RSUs”) granted under the terms of the 2017 International Equity Incentive Plan RhythmOne plc, resulting in the issue of 960 Ordinary Shares 

c)

Price(s) and volume(s)

                                               

Price(s)

Volume(s)

£0.00

960

 

d)

Aggregated information:

  • -Aggregated volume
  • -Price
  •          

 

-Aggregated volume: 960 Ordinary Shares
          -Aggregated price: £0.00

e)

Date of the transaction

3 September 2018

f)

Place of the transaction

London Stock Exchange

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 £0.10 each in the Company (“Ordinary Shares”)

Identification code

GB00BYW0RC64

b)

Nature of the transaction

Sale of 352 Ordinary Shares to fund the tax liability due in respect of the vesting commencing on 3 September 2018 for the 960 RSUs referred to above

c)

Price(s) and volume(s)

                                               

Price(s)

Volume(s)

£2.2466

352

 

d)

Aggregated information:

  • -Aggregated volume
  • -Price
  •          

 

-Aggregated volume: 352 Ordinary Shares
          -Aggregated price: £790.80

e)

Date of the transaction

3 September 2018

f)

Place of the transaction

London Stock Exchange

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 £0.10 each in the Company (“Ordinary Shares”)

Identification code

GB00BYW0RC64

b)

Nature of the transaction

Acquisition following the automatic vesting of 801 Restricted Stock Units (“RSUs”) granted under the terms of the 2017 International Equity Incentive Plan RhythmOne plc, resulting in the issue of 801 Ordinary Shares 

c)

Price(s) and volume(s)

                                               

Price(s)

Volume(s)

£0.00

801

 

d)

Aggregated information:

  • -Aggregated volume
  • -Price
  •          

 

-Aggregated volume: 801 Ordinary Shares
          -Aggregated price: £0.00

e)

Date of the transaction

24 September 2018

f)

Place of the transaction

London Stock Exchange

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 £0.10 each in the Company (“Ordinary Shares”)

Identification code

GB00BYW0RC64

b)

Nature of the transaction

Sale of 297 Ordinary Shares to fund the tax liability due in respect of the vesting commencing on 24 September 2018 for the 801 RSUs referred to above

c)

Price(s) and volume(s)

                                               

Price(s)

Volume(s)

£2.2466

297

 

d)

Aggregated information:

  • -Aggregated volume
  • -Price
  •          

 

-Aggregated volume: 297 Ordinary Shares
          -Aggregated price: £667.24

e)

Date of the transaction

24 September 2018

f)

Place of the transaction

London Stock Exchange

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 £0.10 each in the Company (“Ordinary Shares”)

Identification code

GB00BYW0RC64

b)

Nature of the transaction

Grant of 71,721 RSUs under the terms of the 2017 International Equity Incentive Plan RhythmOne plc with a price of £0.10 to be paid at the time the RSU vests. These RSUs are subject to a one-year cliff, at which time 33.33% of the RSUs will vest and thereafter vesting will occur every three months over the following two years in equal 8.33% increments. These RSUs are subject to certain vesting conditions.

c)

Price(s) and volume(s)

                                               

Price(s)

Volume(s)

£0.00

71,721

 

d)

Aggregated information:

  • -Aggregated volume
  • -Price
  •          

 

-Aggregated volume: 71,721 Ordinary Shares
          -Aggregated price: £0.00

e)

Date of the transaction

12 September 2018

f)

Place of the transaction

London Stock Exchange