TIDMRTHM

RNS Number : 9024D

RhythmOne PLC

12 October 2018

12 October 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.

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      Ordinary shares of GBP0.10 each in the 
       instrument, type of               Company ("Ordinary Shares") 
       instrument 
      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) 
                                           GBP0.00      960 
d)    Aggregated information:            -Aggregated volume: 960 Ordinary Shares 
        *    Aggregated volume            -Aggregated price: GBP0.00 
 
 
        *    Price 
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      Ordinary shares of GBP0.10 each in the 
       instrument, type of               Company ("Ordinary Shares") 
       instrument 
      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) 
                                           GBP2.2466     352 
d)    Aggregated information:            -Aggregated volume: 352 Ordinary Shares 
        *    Aggregated volume            -Aggregated price: GBP790.80 
 
 
        *    Price 
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      Ordinary shares of GBP0.10 each in the 
       instrument, type of               Company ("Ordinary Shares") 
       instrument 
      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) 
                                           GBP0.00      801 
d)    Aggregated information:            -Aggregated volume: 801 Ordinary Shares 
        *    Aggregated volume            -Aggregated price: GBP0.00 
 
 
        *    Price 
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      Ordinary shares of GBP0.10 each in the 
       instrument, type of               Company ("Ordinary Shares") 
       instrument 
      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) 
                                           GBP2.2466     297 
d)    Aggregated information:            -Aggregated volume: 297 Ordinary Shares 
        *    Aggregated volume            -Aggregated price: GBP667.24 
 
 
        *    Price 
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      Ordinary shares of GBP0.10 each in the 
       instrument, type of               Company ("Ordinary Shares") 
       instrument 
      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 GBP0.10 
                                         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) 
                                           GBP0.00      71,721 
d)    Aggregated information:            -Aggregated volume: 71,721 Ordinary Shares 
        *    Aggregated volume            -Aggregated price: GBP0.00 
 
 
        *    Price 
e)    Date of the transaction           12 September 2018 
f)    Place of the transaction          London Stock Exchange

- End -

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