Member Info for Coldspy

They're just trying to fill that gap from this morning

But not getting much joy as dips being bought straight away

Push it up MM's :)

9.2p not bad :)

Good buy and hope it pays multiples

BH's dont agree and there is a placing here enabling us to buy final 10%

Then company receives 20m per year dividend from TI and SP still recovers to 50p

Usual midday lul before a race to the finish

You wouldn't want to be out over the weekend :)

DYOR

@ longfell, thanks.

And yes, BH get lot less for their money if Rainmaker buy from us, as opposed to we complete purchase.

Also, original agreement was 18m dollars for last 10% but Board have negotiated a discount of 4.5m dollars. So for 13.5m we can get the last 10%.

We then own 100% of Team Internet, and we know that the board have received 2 x unsolicited offers for the company. They aren't even looking for a buyer for it. So imagine the interest when they do begin a 'structured sales process' which management 'believe will achieve a far higher price for the company'.

This is in the presentation. Makes no sense for BHs to say, nah it's ok, take the lower paid deal an we'll get half the money.

It's like a big payday for them. Still risky so be careful

The BHs are the majot stakeholders who own 55% of MTMY. They include Ilan Shiloah too, founder and ex-ceo of MTMY who has stated he will be involved in the fund raise.

If agreement not reached Rainmaker can buy 90% of Team Internet from MTMY, but pay only 60% of what we paid for it. So really, either TI sells for 120 million, or maybe 50 million.

Looks good from MCap around 9m pounds

Welcome aboard Spike and good luck.

Click my name and read up some of my posts mate, mostly been on MTMY this past week.

Also some info here on the announcements: https://info.tase.co.il/Eng/General/Company/Pages/companyMainData.aspx?ShareID=01131697&CompanyID=002280&subDataType=0

Sorry, at work so unable to go into depth now

Not surprised NT to buy

They don't even dare to shake it much. They know they can't fill orders

15p today is possible. 50% rise needed.

I like their little unexpected RNS, its great.

Probably nothing today as TA closed

Fly today :)

Morning mannnan and all.

SP held up incredibly well yesterday so hopefully see some blue today

Not working properly unfortunately.

Didnt post something I typed out so I'm annoyed lol

Will be a good day here. Hold onto those tickets.

I'm keeping mine.

£8m for the company is nowhere near enough. Wait for £25m plus.

Sounds like a ramp but it's not. This company is actually worth that much and more.

Few on there I'm waiting to get into. Just heavy in a few at the moment and waiting for pay day

Ah cheers.

I reckon we'll have a really good day tomorrow.

Yesterdays DailyMail mention, on the risers board again today. All eyes on MTMY tomorrow.

There'll be a lot of day traders for sure, be careful trading but good luck, want everyone to make a few quid.

Some large holders here who bought at much higher SP who will really be considering averaging down now, the deal looks all but signed to me, every release of news the last few days, and there have been a ew, point to steps taken to complete the deal (my opinion)

If it was AIM I'd be genuinely looking for a catch, or a couple of dodgy Directors looking out or themselves, and not the other shareholders. Here it's different.

Ilan Shiloah also still has a large holding here and he wants to see the value of that holding shoot up. He's said he will be involved in the investment round ('one of the richest men in Israeli advertising' - now that's saying something)

5p - nice average :)

You're raking it in this week, well done

100% this morning too :)

Ilan Shiloah last month..

Shiloah to participate in Matomy capital injection

Matomy hopes that its existing shareholders will inject capital into the company and help it survive its difficult situation. One of these shareholders is Shiloah, who is expected to also participate in a capital injection in the framework of a general settlement with the bondholders, Team Internet founders, and shareholders. Shiloah currently holds 10% of the shares in Matomy, in which he was one of the first investors, the former controlling shareholder, and chairperson of the board of directors, before resigning in November 2015. Shortly afterwards, in April 2016, Shiloah resigned as a company director.

Shiloah previously sold shares in Matomy at prices that the company's current shareholders can only dream of. For example, in October 2014, Shiloah sold Matomy shares to advertising giant Publicis for $29 million at £2.27 per share, the price in the company's London offering a few months previously. The current share price in London is £0.074, 97% less than the price in the offering.

In 2016, Matomy also signed up for dual listing on the Tel Aviv Stock Exchange (TASE). Before this took place, Shiloah sold shares for NIS 14 million more at prices varying from £0.85 to £0.95, 92% higher the current share price.

Shiloah, 61, is one of the wealthiest and most influential people in the Israeli advertising industry. He is chairperson of the McCann Tel Aviv advertising firm and chairperson and principal shareholder of TheTime group of venture capital Internet investors. Shiloah began working in advertising two decades ago when he joined the Kesher-Barel firm (later McCann), and turned it into Israel's largest advertising firm a few years later. He resigned as CEO of the firm in 2004 and became the group's chairperson, but retained his dominance of the firm, while receiving over NIS 100 million by selling his shares in McCann. Shiloah is known as a habitual tweeter on Twitter, where he expresses strong opinions.

December 20th - RNS

Extension Statement of Shareholder Support



Matomy Media Group Ltd. (LSE:MTMY, TASE:MTMY.TA) (the "Company") announces that it received a letter from legal counsel to the shareholders who provided the letter of support (the "Letter of Support"), confirming that in support of the current discussions among the Company and various stakeholders, including the bondholders, the aforementioned shareholders agree not to claim that the Letters of Support expire with respect to the period up to January 10, 2019.

This letter further states that the foregoing extension relates only to the extent of the circumstances under which the shareholders would have been required to provide support pursuant to the terms of the original Letters of Support until December 27, 2018.

A copy of the full letter is available on the website of the Israel Securities Authority: http://www.magna.isa.gov.il/. A non-binding English translation will be posted on the Company's website.

ENGLISH TRANSLATION OF THE ACTUAL LETTER (Notice the names)

[BERKMAM & CO. LAW OFFICES LETTERHEAD]
Attn: Tel-Aviv, 19 December 2018
Matomy Media Group Ltd.
Liam Galin, CEO
Hanechoshet 6, Tel-Aviv 6971070 Via email

Dear Colleague,

Re: Support Letter

On behalf of clients, Brosh fund, Viola fund, Mr Nir Tralovsky and Mr Ilan Shiloah, we hereby
address you as follows:

1. During December each of our clients executed a letter of support for the benefit of Matomy
Media Group Ltd. (the "Company"), in which the signatories agreed to provide support, as
set forth therein, until December 27, 2018 (the "Support Letter").

2. In light of the discussions which are being conducted recently among the Company and
various other parties with respect to payment of the Company's obligations, and in order to
support the continuation of such discussions, our clients clarify that they agree not to claim
that the Support Letters expire, for a period of 14 additional days, meaning with respect to
the period up to January 10, 2019.

3. It is clarified that such obligation relates only to the extent of the circumstances under which
the shareholders would have been required to provide support pursuant to the terms of the
original Support Letters until December 27, 2018.

4. Nothing herein is intended to derogate or constitute as admission with regard to any
disputes in connection with the scope or interpretation of the obligations under the Support
Letters, to the extent existing, and all such disputes remain unchanged. In addition, nothing
herein is meant to limit or diminish from any rights or claims of our clients and these are
fully reserved.

Sincerely,
/S/
Ron Berkman, Adv.
BERKMAM & CO. LAW OFFICES

50 grands worth of delayed trades popped up

This is the first year Matomy is reporting its quarterly results, and therefore comparative figures were not included for the nine months to September 2017.

Matomy's revenue for the period was USD101.0 million including bad debt, with revenue before bad debt totalling USD103.3 million. This was less than half the company's USD245.1 million revenue for 2017 as a whole.

Total operating expenses came to USD56.6 million for the year to September, including USD30.9 million in impairments of goodwill and intangible assets.

However, Matomy President & Chief Executive Liam Galin said that the company has now exited activities that were not profit-making.

Moreover, after the third quarter, the company sold its in-app advertising business Mobfox which Galin said "needed heavy investments to take it to the next level".

The November sale of Mobfox, Matomy said, was the result of a highly competitive market that demanded consolidation in order to grow. The sale is expected to to reduce operational costs and and cut corporate overhead.

The Mobfox sale is also expected to increase Matomy's profitability, resulting in a higher value for shareholders with the savings taking effect after a "short transition period".

Galin said: "We can now focus our attention and resources on growing our profitable domain monetization activity. In parallel, we are working closely with our stakeholders to resolve concerns so we may move forward in maximizing value for all."

Matomy's domain business includes Tonic, a self-service platform to buy and sell web traffic. Tonic is part of Matomy's majority-owned domain business Team Internet AG.

In December, Matomy published a letter from a minority shareholder in Team Internet AG, relating to the payment of consideration for the acquisition of the remaining Team Internet stake.

Rainmaker Investments GmbH, holder of the 10% stake, said that Matomy had not made a "detailed and clear proposal" regarding the "full immediate payment" of the consideration for its stake, due November 30.

Matomy failed to pay the amount due on November 30, triggering Rainmaker's right to repurchase some or all of the Matomy's shares in Team Internet, at Rainmaker's discretion, at 60% of their original price.

Matomy said its is in discussions with Rainmaker regarding the terms of the purchase for the final 10% of Team Internet.

A verbal agreement has been reached to purchase this from Rainmaker for €13.5m.