TEL AVIV, ISRAEL: Tremor International Ltd. has commenced an initial public offering on the Nasdaq Global Market of 6,768,953 American Depositary Shares (ADSs), representing an aggregate of 13,537,906 ordinary shares.

Each ADS represents two ordinary shares of Tremor. The last closing price of Tremor’s ordinary shares on the AIM market of the London Stock Exchange was £7.86 on June 11, 2021.

The ADSs are being offered in a registered public offering in the United States. All ADSs to be sold in the Offering will be sold by Tremor.

The underwriters of the offering will also have a 30-day option to purchase up to an additional 1,015,342 ADSs from Tremor at the initial public offering price. Tremor has applied to list its ADSs on the Nasdaq Global Market under the ticker symbol “TRMR.”

Tremor’s ordinary shares are currently admitted to trading on the AIM market of the London Stock Exchange under the ticker symbol “TRMR”.

RBC Capital Markets and Stifel are acting as lead book-running managers for the Offering. JMP Securities, Needham & Company and Raymond James are acting as co-managers for the Offering.