TIDMCROS

RNS Number : 6778N

Crossrider plc

28 October 2016

Crossrider plc

("Crossrider," the "Company" or the "Group")

CEO & CFO Purchase of Shares and Holdings in Company

Crossrider (AIM:CROS), the online distribution and digital product company, announces that it has been notified that on 27 October 2016 that Ido Erlichman, Chief Executive Officer, and Moran Laufer, Chief Financial Officer, respectively purchased 100,000 and 50,000 ordinary shares of US$0.0001 par value in the Company ("Ordinary Shares at a price of 35p per Ordinary Share.

Following this transaction, Mr Erlichman holds 100,000 shares, representing 0.07% of the Company's issued share capital (excluding treasury shares) and Mr Laufer holds 50,000 shares, representing 0.04%. Full details as required under the Market Abuse Regulation are set out below.

Notification of Transactions of Directors / Persons Discharging Managerial Responsibility and Connected Persons

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name 
                                  Ido Erlichman 
---  ------------------------  ------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer 
---  ------------------------  ------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                      Crossrider plc 
---  ------------------------  ------------------------------- 
 b)   LEI                       N/A 
---  ------------------------  ------------------------------- 
 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              Ordinary shares of US$0.0001 
       instrument, type           par value in Crossrider 
       of instrument              plc 
 
       Identification             IM00BQ8NYV14 
       code 
---  ------------------------  ------------------------------- 
 b)   Nature of the             Purchase of shares 
       transaction 
---  ------------------------  ------------------------------- 
 c)   Price(s) and                Price(s)   Volume(s) 
       volume(s)                  ---------  ---------- 
                                   35p        100,000 
                                  ---------  ---------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated               N/A (single transaction) 
       volume 
       - Price 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   27/10/16 
---  ------------------------  ------------------------------- 
 f)   Place of the              London Stock Exchange, AIM 
       transaction               Market (XLON) 
---  ------------------------  ------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name 
                                  Moran Laufer 
---  ------------------------  ------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Chief Financial Officer 
---  ------------------------  ------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                      Crossrider plc 
---  ------------------------  ------------------------------- 
 b)   LEI                       N/A 
---  ------------------------  ------------------------------- 
 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              Ordinary shares of US$0.0001 
       instrument, type           par value in Crossrider 
       of instrument              plc 
 
       Identification             IM00BQ8NYV14 
       code 
---  ------------------------  ------------------------------- 
 b)   Nature of the             Purchase of shares 
       transaction 
---  ------------------------  ------------------------------- 
 c)   Price(s) and                Price(s)   Volume(s) 
       volume(s)                  ---------  ---------- 
                                   35p        50,000 
                                  ---------  ---------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated               N/A (single transaction) 
       volume 
       - Price 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   27/10/16 
---  ------------------------  ------------------------------- 
 f)   Place of the              London Stock Exchange, AIM 
       transaction               Market (XLON) 
---  ------------------------  -------------------------------

- ends -

For more information contact

 
 Crossrider plc 
  Ido Erlichman, Chief Executive 
  Officer 
  Moran Laufer, Chief Financial 
  Officer 
  c/o Bell Pottinger                +44 (0) 20 3772 2496 
 Shore Capital 
  Bidhi Bhoma 
  Toby Gibbs                        +44 (0) 20 7408 4090 
 Bell Pottinger 
  David Rydell 
  James Newman 
  Sam Cartwright                    +44 (0) 20 3772 2500

About Crossrider

Crossrider is an online distribution and digital product company. The Company utilises its proprietary marketing technology platforms to prospect, optimise and monetise mobile and web media. Crossrider powers all aspects of an online product to create a superb user experience. The Company offers improved retention and re-engagement rates, greatly enhancing the value of user activity. Crossrider provides its platforms to its customers for use with their products as well as developing and expanding its own product portfolio.

Crossrider's vision is to provide and develop best-in-class digital products for its users globally.

www.crossrider.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 28, 2016 02:00 ET (06:00 GMT)

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