Matomy Media Group Ltd Result of EGM (3126O)

TIDMMTMY

RNS Number : 3126O

Matomy Media Group Ltd

04 November 2016

FOR IMMEDIATE RELEASE

4 November 2016

Result of EGM

Matomy Media Group Limited (the "Company"), one of the world's leading digital advertising companies, announces that all resolutions proposed to Shareholders at its Extraordinary General Meeting held earlier today were duly passed.

The results of the EGM are shown below:

 
                                    Votes        %        Votes        % 
                                     For                   Against 
---------------------------------  -----------  -------  -----------  ------- 
        1. To increase 
         the number of Directors 
         (as defined in 
         the Articles) from 
         eight to ten;              40,329,126   63.15%   23,537,482   36.85% 
---------------------------------  -----------  -------  -----------  ------- 
        2. Subject to and 
         conditional upon 
         the adoption of 
         Resolution 1, to 
         appoint Mr. Amir 
         Efrati as a member 
         of the Board.              38,920,689   62.31%   23,537,482   37.69% 
---------------------------------  -----------  -------  -----------  ------- 
        3. Subject to and 
         conditional upon 
         the adoption of 
         Resolution 1, to 
         appoint Mr. Nir 
         Tarlovsky as a 
         member of the Board.       39,914,126   62.90%   23,537,482   37.10% 
---------------------------------  -----------  -------  -----------  ------- 
 

Following the result of today's General Meeting, the appointments of Mr. Amir Efrati and Mr. Nir Tarlovsky become effective immediately.

Chairman Rupert Howell commented on the appointments of Mr. Amir Efrati and Mr. Nir Tarlovsky to the Board: "I am very happy to welcome Amir Efrati and Nir Tarlovsky onto Matomy's Board, and I am confident that their experience will prove valuable. We have established that Mr. Efrati and Mr. Tarlovsky are aligned with the strategic goals and objectives set by the Board and I look forward to their contribution as we progress our strategic review."

Summary of Mr Amir Efrati's Biography

Mr. Efrati brings over 20 years of business experience. He is the Managing Partner and Portfolio Manager of Brosh Capital and Exodus Capital. Previously, he was the Managing Partner of the Dragon Variation Fund. Before that, he was a Portfolio Manager at JCK Partners and Elm Ridge Capital in NYC as well as an investment banker at Morgan Stanley. Mr. Efrati has an MBA (honors) from Columbia Business School and a BA (honors) in Economics from Tel Aviv University.

Disclosure of interests in shares

As at the date hereof, Brosh Funds Management Ltd and Exodus Management Israel Ltd, which are managed by Mr. Efrati, hold 8,701,261 ordinary shares of the Company, amounting to 9.2 % of the voting share capital of the Company.

Summary of Mr Nir Tarlovsky Biography

Mr. Tarlovsky has been an entrepreneur and angel investor for the last 20 years. He is currently Co-Founder at thetime, a leading early stage investor in Israeli in the digital space. Operating the leading incubator in Israel and firstime ventures, a post seed / pre A $60mm fund. He is a shareholder and Board member of numerous technology companies, including Pixellot, Playbuzz and Kidbox.com. He was one of the early investors in the Company and was a member of its board of directors. Previously, he was the EVP Business Development at Churchill Ventures, Lead Investor at Nielsen BuzzMetrics and Co-Founder and EVP Business Development at RSL Communications. Mr. Tarlovsky has a BA and MA, Economics (summa cum laude) in Economics from Tel Aviv University.

Disclosure of interests in shares

As at the date hereof, Mr. Tarlovsky, holds 4,003,000 ordinary shares of the Company, amounting to 4.2% of the voting share capital of the Company.

About Matomy Media Group Ltd.

Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a world leading media company delivering smart technology solutions and a personalized approach to advertising. By providing customized performance and programmatic solutions supported by internal media capabilities, big data analytics and optimization technology, Matomy empowers advertising and media partners to meet their evolving growth-driven goals. Matomy's holistic mobile advertising agency, mtmy, is fueled by an in-house Data Management Platform (DMP), and offers a fully-managed service across channels including video, display, social, email and search. Matomy's programmatic platforms include the MobFox SSP, the video advertising platform Optimatic, and the mobile demand side platform myDSP. Founded in 2007 with headquarters in Tel Aviv and 11 offices around the world, Matomy is dual-listed on the London and Tel Aviv Stock Exchanges. Learn more about Matomy at http://www.matomy.com.

For more information:

www.Matomy.com

Facebook: www.facebook.com/MatomyMediaGroup

Follow Matomy on Twitter: @MatomyGroup

LinkedIn: www.linkedin.com/company/matomy-media-group

Enquiries:

Matomy Media Group

Lipaz Kloper, Head of Investor Relations

[e-mail]

[phone]

KCSA

Investor Relations

Elizabeth Barker / Garth Russell

[e-mail]

This information is provided by RNS

The company news service from the London Stock Exchange

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November 04, 2016 03:00 ET (07:00 GMT)