7digital Group PLC

Director Share Purchase

RNS Number : 8436F
7digital Group PLC
20 July 2021
 

20 July 2021

7digital Group plc  

("7digital" or "the Company")  

 

Director Share Purchase

 

7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, announces that Tamir Koch, Non-Executive Chairman, purchased 1,500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") on 16 July 2021 at a price of $0.0128 per Ordinary Share.

 

Following this purchase, Mr. Koch has an interest in 446,512,126 Ordinary Shares, representing 16.40% of the issued share capital of the Company.

 

Enquiries  

7digital

Paul Langworthy

c/o +44 20 7618 9100

 

 

Arden Partners (Nominated Adviser and Broker)

Richard Johnson

+44 20 7614 5900  

 

 

Luther Pendragon (Financial PR)

Harry Chathli, Joe Quinlan   

+44 20 7618 9100  

[email protected]

 

 

About 7digital   

 

7digital  is the global leader in B2B end-to-end digital music solutions, providing a scalable cloud-based platform that enables companies and brands to connect to its global music catalogue and rights management system to launch and manage unique and engaging music experiences. Operating worldwide in over 80 markets and integrated with more than 300,000 labels and publishers, 7digital's platform automates the complex and time-consuming processes of music management, making it easier to access and use music in streaming services, social media, home fitness, gaming, retail and more. With best-in-class infrastructure, deep industry expertise and intelligence tools, 7digital empowers their clients to innovate, grow and serve tomorrow's music consumer. For more information, visit  http://www.7digital.com/

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Tamir Koch

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Chairman

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

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

 

a)

 

Name

 

 

7digital Group plc 

b)

 

LEI

 

 

213800Z18A7JGS54KF43 

 

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 pence each

 

 

Identification code

GB00BMH46555 

 

 

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

 

 

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

$0.0128

 

1,500,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

N/A

- Aggregated volume

 

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

 

16 July 2021

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 

 

 

 

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