Further to the previous announcement made by Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) (“Matomy” or the “Company”) on September 23, 2019 (RNS 5061N).
Regarding the convening of a bondholders meeting by the trustee of the bondholders (Series A) of the Company (“Trustee”) that was held on October 2, 2019, with a proposed resolution to approve a contingent demand for an immediate repayment of the bonds if the Company will not sign a binding share purchase agreement to sell the Company’s shares (90%) in Team Internet AG for a consideration that will suffice for the full repayment of the bonds (principal and interest) by November 6, 2019 (the “Proposed Repayment Demand Resolution”), the Company hereby announces that the Trustee has published the results of such bondholders’ vote, according to which the Proposed Repayment Demand Resolution was rejected.
The bondholders vote was quorate (78.8% of the bonds were represented). 52.88% of the bonds that voted, voted to reject the Proposed Repayment Demand Resolution and 47.12% voted in favor of the proposed resolution.
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, Noam@smartteam.co.il, +972544246720
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