Matomy Media Group Ltd Update about the upcoming bondholders meeting (2347E)

TIDMMTMY

RNS Number : 2347E

Matomy Media Group Ltd

02 July 2019

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon publication of this announcement, the inside information is now considered to be in the public domain for the purposes of MAR.

July 2, 2019

Re: Update about the upcoming bondholders meeting

Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) (the "Company") hereby announces that the trustee of the bondholders (Series A) of the Company (the "Trustee") has published a notice to convene a bondholders meeting, that will be held on July 8, 2019 (the "Notice"). On the agenda of such meeting is a resolution of a contingent demand of an immediate repayment of the bonds.

According to the Notice, if the bondholders approve the resolution on the agenda by a simple majority, and the Company does not make a partial early repayment of the bonds, in the amount of $4.5M, within 45 days following the day of the publication of the results of such bondholders meeting, the trustee will demand an immediate and full repayment of the bonds.

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.

Press Contact Information:

Noam Yellin, [e-mail], [phone]

Website: http://investors.matomy.com

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July 02, 2019 08:24 ET (12:24 GMT)