TIDMMTMY
RNS Number : 1662E
Matomy Media Group Ltd
07 February 2018
FOR IMMEDIATE RELEASE
7 February 2018
Matomy Media Group Ltd.
Completion of Bond Issuance and Update on Total Voting
Rights
1. Completion of Bond Issuance
In furtherance to the announcement made on 2 February 2018 (the
"Institutional Tender Announcement"), Matomy Media Group Ltd. (the
"Company") has successfully completed its convertible bond issuance
on the Tel-Aviv Stock Exchange.
Key Details of the Convertible Bond:
-- A total gross consideration of103 million NIS (approx. $30
million) was raised through the issuance of 101,000 units of
convertible bonds, which bear a coupon of 5.5 percent per annum
(the "Convertible Bond(s)").
-- Each unit of Convertible Bonds is composed of 1,000
Convertible Bonds and issued at 1,000 NIS par value each.
-- The final price per unit of Convertible Bond was 1,020 NIS.
-- As previously announced, the proceeds from the issuance will
be mainly used to acquire an additional 10% of Team Internet, a
global market leader in Domain Monetization, raising Matomy's
holding to 90%. Matomy expects to acquire the final 10% of Team
Internet in November 2018.
Matomy CEO, Liam Galin commented: "The strong demand
demonstrates the confidence of investors in Matomy's potential and
strategic focus. I would like to thank the underwriters who led the
successful offering. Of course, I also thank the Matomy team who
work effectively, with creativity and enthusiasm, to ensure the
continued growth and success of the Company."
The table below details the full participation of the Company's
shareholders, who are considered related parties for the purposes
of the High Growth Segment Rules for Companies because they are
either directors of the Company or substantial shareholders, based
on the final price per unit of Convertible Bond and reflects the
consideration actually paid by such shareholder.
Related party Final Number of Total Consideration
Unit Price Bonds
(NIS)
Brosh Capital
Ltd. 1,020 8,400 NIS8.5m
WVP (affiliated
entity of
Brosh Capital
Ltd.) 1,020 836 NIS0.85m
MEITAV DASH
PROVIDENT
FUNDS AND
PENSION LTD. 1,020 14,850 NIS15.14m
MEITAV DASH
PORTFOLIO
MANAGEMENT
LTD. 1,020 847 NIS0.86m
Phoenix Holdings
Ltd (through
managed accounts
by Brosh Capital
Ltd.) 1,020 1,100 NIS 1.1m
Ilan Shiloah 1,020 970 NIS 0.98m
As indicated in the Institutional Tender Announcement, and in
light of the fact that the bond pricing was determined through an
auction process as aforesaid, the Board considers that the terms of
the related party transactions are fair and reasonable insofar as
the Company's shareholders are concerned.
2. Update on Total Voting Rights
In line with the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules, the Company announces that as of
31 January 2018, the Company's total issued voting share capital is
97,603,773 ordinary shares. The above figure of 97,603,773 ordinary
shares with voting rights may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the Disclosure and Transparency
Rules or the Company's articles of association.
About Matomy Media Group Ltd.
Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) Matomy is a
global media company with a portfolio of superior data-driven
platforms for mobile, video, domain and email advertising. By
providing customized performance and programmatic solutions
supported by internal media capabilities, data analytics, and
optimization technology, Matomy empowers advertising and media
partners to meet their evolving growth-driven goals. Founded in
2007 with headquarters in Tel Aviv and 11 offices around the world,
Matomy is dual-listed on the Londonand Tel Aviv Stock
Exchanges.
For more information:
Website: http://investors.matomy.com/
LinkedIn: www.linkedin.com/company/matomy-media-group
Twitter: @MatomyGroup
Facebook: www.facebook.com/MatomyMediaGroup
Enquiries:
Matomy Media Group
Pamela Becker, VP Global Marketing
pamela.b@matomy.com
+972-74-7161971
Press Contact Information:
Justine Rosin
justine@headline-media.com
UK: 0203-769-5656 | USA: 917-724-2176
Investor Relations:
Daniel Polad
danielp@pr-ir.co.il
+972-505560216
Legal Disclaimers
The Convertible Bonds, may be offered and sold only in Israel
pursuant to the issuance prospectus. This announcement is for
information purposes only and does not constitute an offer to sell
or issue, or the solicitation of an offer to buy, acquire or
subscribe for the Convertible Bonds in Israel, or any other
jurisdiction.
No offering of the Convertible Bonds referred to in this
announcement will be made in the United States, the European
Economic Area, Australia, Canada, South Africa or Japan or any
other state or jurisdiction in which publication, release or
distribution would be unlawful, restricted or unauthorised or
elsewhere outside Israel.
The Convertible Bonds have not been and will not be approved or
disapproved by the US Securities and Exchange Commission, any state
securities commission or any other regulatory authority in the
United States or elsewhere other than in Israel, nor have any of
the foregoing authorities passed upon or endorsed the merits of the
Convertible Bonds or the accuracy or adequacy of this announcement.
Any representation to the contrary is unlawful.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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