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Application of the Hybrid Disclosure Model

29 Nov 2018 14:31

RNS Number : 9496I
Matomy Media Group Ltd
29 November 2018
 

November 29, 2018

 

 

 

Application of the Hybrid Disclosure Model

As part of the issuance of the convertible bond on the Tel-Aviv Stock Exchange by Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) ("Matomy") that was completed on 7 February 2018, Matomy undertook to comply with the disclosure requirements pursuant to the Hybrid Disclosure Model which apply only to dual listed companies that issue bonds on TASE.

 

This model sets additional disclosure requirements to provide material information that meets the need to protect the interests of bondholders in accordance with certain provisions of the Israeli Securities Law 1968 under certain predefined circumstances.

 

In light of the fact that Matomy has commenced a discussion process with its bond holders it is now confirming that it will comply with applicable disclosure requirements of the Hybrid Disclosure Model for as long as legally required.

 

Any disclosures given pursuant to the Hybrid Disclosure Model will be provided both in the UK and Israel.

 

About Matomy

Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a global media company. Founded in 2007 with headquarters in Tel-Aviv and seven offices around the world, Matomy is dual-listed on the London and Tel Aviv Stock Exchanges.

For more information:

Matomy Media GroupPamela Becker, VP Global Marketingpamela.b@matomy.com+972-74-7161971

Press Contact Information: 

Noam Yellin, Noam@smartteam.co.il, +972544246720

 

Website: http://investors.matomy.com LinkedIn: www.linkedin.com/Company/matomy-media-group 

Twitter: @MatomyGroup

Facebook: www.facebook.com/MatomyMediaGroup

 

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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