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Matomy Media Group (MTMY)

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Tuesday 02 July, 2019

Matomy Media Group

Update about the upcoming bondholders meeting

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, [email protected], +972544246720

 

Website: http://investors.matomy.com

 

 

 


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