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| 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 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jan 2020 to Jan 2025
TIDMMTMY
RNS Number : 1232X
Matomy Media Group Ltd
25 August 2020
FOR IMMEDIATE RELEASE
August 25 , 2020
Matomy Media Group Ltd.
Re: Matomy Announces Withdrawal of the Petition
Pursuant to Section 350 of the Israeli Companies Law
Further to the announcements made by Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) (the "Company" or "Matomy") on August 13, 2020 (RNS Number: 0443W), regarding the submission to the Tel Aviv-Jaffa District Court (the "Court") of a petition pursuant to Section 350 of the Israeli Companies Law (the "Petition"), requesting the Court (i) to approve the convening of separate meetings of its creditors and shareholders, in order to approve an arrangement between the Company and its creditors and shareholders (the "Arrangement"); and (ii) to approve the schedule of the proposed Arrangement, the Company hereby announces that the Company's board of directors (the "Board") decided today to withdraw the Petition, since the Board, following a further consideration, is in the opinion that the Company may be required to submit a substantially different arrangement between the Company and its creditors and shareholders than the submitted Arrangement. Following the submission of the request to withdraw the Petition, the Court dismissed the Petition.
About Matomy
Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) founded in 2007 with headquarters in Tel-Aviv. Matomy is dual-listed (suspended) on the London and Tel Aviv Stock Exchanges.
Press Contact Information
Ilan Tamir, Ilan.T@matomy.com , + 972-525156464
Website: http://investors.matomy.com
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END
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(END) Dow Jones Newswires
August 25, 2020 09:12 ET (13:12 GMT)
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