Director/PDMR Shareholding

RNS Number : 7720N

Rightster Group PLC

30 July 2014

 



30 July 2014

Rightster Group plc
("Rightster" or the "Group" or the "Company")

Director/PDMR Shareholding

Rightster (AIM: RSTR), the cloud-based global video distribution and monetisation network that enables content owners to upload content once and commercialise everywhere, announces that on 23 July 2014, the Company was informed that, on 29 April 2014, Charlie Muirhead, the Company's CEO and Founder, dematerialised his entire holding in order to procure that his shareholding was held within CREST.  This process necessitated the transfer of his entire holding of 7,110,666 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to HSBC Client Holdings Nominee (UK) Limited.

Following the transfer, Mr Muirhead's beneficial interest in the Company remains unchanged and he continues to be the beneficial owner of 7,110,666 Ordinary Shares comprising 3.69% of the Company's issued share capital.   Mr Muirhead's shareholding continues to be subject to lock-in arrangements entered into at the time of the Company's admission to AIM on 12 November 2013.

For further information, please contact:

Rightster Group plc	via Newgate Threadneedle
Lorna Smith, Investor Relations
Cenkos Securities plc	Tel: [phone]
Max Hartley (Nomad) / Julian Morse (Sales)
Newgate Threadneedle	Tel: [phone]
Josh Royston/ Heather Armstrong

About Rightster

Founded in May 2011 by CEO Charles Muirhead, with the vision of enabling media businesses to overcome the huge fragmentation in the online video market with a single technology platform for engaging audiences and transacting with optimal efficiency. Rightster's software and services make it simple for sports, fashion, news, entertainment and viral rights holders to enhance the value of their video whether on a licenced, ad-funded, direct to consumer or paid placement basis.

Rightster's network currently stands at over 850 content owners and over 7,500 publishers. The Group employs approximately 183 staff in 10 offices across 10 countries.

 

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