Nexxen International LTD (DI) (NEXN)

Sector:

Media

Index:

FTSE AIM 100

238.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 298.00
  • 52 Week Low: 134.00
  • Currency: UK Pounds
  • Shares Issued: 137.91m
  • Volume: 118,487
  • Market Cap: £328.23m

Nexxen International repays $100m of debt

By Josh White

Date: Wednesday 10 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Connected TV advertising technology specialist Nexxen International said in an update on Wednesday that it repaid its outstanding debt under the secured term loan 'A' and the revolving credit facility on 9 April.
The AIM-traded firm had entered into the credit agreement on 12 September 2022.

It said it had also amended the credit agreement to facilitate the implementation of the previously-announced $50m ordinary share repurchase program on 15 March 2024.

The repayment to the lenders under the agreement amounted to $100m, effectively fulfilling all of Nexxen's debt obligations under the term A secured loan, totaling $90m, and the previously drawn down amount of $10m under the revolving credit facility.

Nexxen said it did not incur any early termination penalties due to the debt repayment.

Following repayment, Nexxen said it maintained access to the $90m revolving credit facility, with no funds drawn as of the current date.

At 1247 BST, shares in Nexxen International were up 2.42% at 212p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

NEXN Market Data

Currency UK Pounds
Share Price 238.00p
Change Today -6.00p
% Change -2.46 %
52 Week High 298.00
52 Week Low 134.00
Volume 118,487
Shares Issued 137.91m
Market Cap £328.23m

NEXN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.32% above the market average20.32% above the market average20.32% above the market average20.32% above the market average20.32% above the market average
10.64% above the sector average10.64% above the sector average10.64% above the sector average10.64% above the sector average10.64% above the sector average
Price Trend
28.56% below the market average28.56% below the market average28.56% below the market average28.56% below the market average28.56% below the market average
8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average
Income Not Available
Growth
56.07% below the market average56.07% below the market average56.07% below the market average56.07% below the market average56.07% below the market average
34.88% below the sector average34.88% below the sector average34.88% below the sector average34.88% below the sector average34.88% below the sector average

NEXN Dividends

  Latest Previous
  Interim Final
Ex-Div 20-Sep-18 19-Apr-18
Paid 20-Nov-18 19-Jun-18
Amount 3.98¢ 5.40¢

Trades for 19-Jul-2024

Time Volume / Share Price
16:35 3,999 @ 238.00p
16:35 26 @ 238.00p
16:35 148 @ 238.00p
16:35 18 @ 238.00p
16:35 15 @ 238.00p

NEXN Key Personnel

COO Yaniv Carmi
CEO Ofer Druker
CFO Sagi Niri

Top of Page