RNS Number : 3234S RhythmOne PLC 25 June 2018 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. 1. Details of the person discharging managerial responsibilities / person closely associated a) Name Mr. Mark Bonney 2. Reason for the Notification a) Position/status Chief Executive Officer 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 Initial equity grant of restricted stock units ("RSUs") pursuant to the 2017 International Equity Incentive Plan RhythmOne plc. c) Price(s) and volume(s) Price(s) Volume(s) £0.10 239,520 Stock will vest over two years with a one year cliff and quarterly vesting thereafter subject to certain performance requirements. d) Aggregated information: - -Aggregated volume - -Price -N/A (single Transaction) e) Date of the transaction 18 June 2018 f) Place of the transaction London Stock Exchange This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit . END DSHEAFKLAFXPEAF
Mark Bonney, the CEO of RhythmOne, has been awarded 239,520 shares under the company’s 2017 equity incentive plan. The company said it will use those proceeds to pay down debt and invest in its business.