Matomy Media Group Ltd Update about the upcoming bondholders meeting (2347E)
July 02 2019 - 8:24AM
UK Regulatory
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, Noam@smartteam.co.il, +972544246720
Website: http://investors.matomy.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
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