Crossrider plc CEO & CFO Purchase of Shares & Holdings in Company (6778N)
October 28 2016 - 2:00AM
UK Regulatory
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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