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MTMY Matomy Media Group Ltd.

4.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Matomy Media Group Ltd. LSE:MTMY London Ordinary Share IL0011316978 ORD NIS0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.50 3.60 5.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Matomy Media Group Ltd Approval of Company's Proposed Plan (5103O)

30/01/2019 7:00am

UK Regulatory


Matomy Media (LSE:MTMY)
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RNS Number : 5103O

Matomy Media Group Ltd

30 January 2019

January 30, 2019

Approval of Company's Proposed Plan

Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) ("Matomy" or the "Company") is pleased to announce that the trustee of the bondholders (the "Trustee") has published the results of yesterday's vote of the bondholders in which the majority of the bondholders voted in favour of an indicative non-binding approval of the Company's proposed plan, as announced on January 23, 2019 (RNS Number 9048N).

The bondholders vote was quorate (100% of the bonds participating). 72.14% of the bonds that voted, voted to in favour of the Company's proposed plan and 27.86% voted against.

The parties will now enter into discussions to complete the agreements and implement the actions required to give effect the Company's proposed plan.

It is noted that the final agreement subject to receipt of all the required approvals, including the Company's Board of Directors, the bondholders, the competent Israeli court, and any other body or authority whose approval may be required. As of the date hereof, such required approvals have not yet been received and there is no certainty or assurances that they will be accepted.

About Matomy

Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a global media company. Founded in 2007 with headquarters in Tel-Aviv. Matomy is dual-listed on the London and Tel Aviv Stock Exchanges.

For more information:

Matomy Media Group

Pamela Becker, VP Global Marketing

pamela.b@matomy.com

+972-74-7161971

Press Contact Information:

Noam Yellin, Noam@smartteam.co.il, +972544246720

Website: http://investors.matomy.com

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

Twitter: @MatomyGroup

Facebook: www.facebook.com/MatomyMediaGroup

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

January 30, 2019 02:00 ET (07:00 GMT)

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