MTMY.L Regulatory News (MTMY)

Matomy Media Group Ltd.

Statement of Financial Sources and Expected Uses of Funds

Pursuant to the request of the trustee of its bondholders (the "Trustee") in accordance with the terms and conditions of its bond offering, Matomy Media Group Ltd. (LSE:MTMY, TASE:MTMY.TA) ("Matomy" or the "Company") sets out below a special statement of its financial sources and expected uses of funds for the period commencing on 1 December 2018 through 31 March 2019 (the "Statement"). It is a requirement of the terms of the bond that the Statement be made publicly available in Israel and, on such basis, the Company is making the Statement publicly available in the United Kingdom as well.

The Statement is provided pursuant to an extraordinary request of the Trustee and is not intended to create any continuous on-going disclosure obligation for the Company.

Statement

Enclosed hereto as Exhibit I

Notes to the Statement

(1) The Statement contains certain unreviewed financial measures that do not have a standardized meaning prescribed by GAAP.

(2) The Statement specifically excludes all bank cash reserves held by the Company's subsidiary Team Internet AG ("Team Internet").

(3) The Statement assumes no future distribution of profits from Team Internet are received by the Company.

(4) The Statement assumes no future capital funding will be provided.

(5) The Statement does not account for the payment of the last 10% stake in Team Internet.

The information in this announcement is deemed by Matomy to constitute inside information for the purposes of article 7 of the Market Abuse Regulation (EU) No 596/2014

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 offices around the world, Matomy is dual-listed on the London and Tel Aviv Stock Exchanges.

Legal Entity Identifier number: 213800D91SMVAFC3P903

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

Cautionary statement regarding forward-looking statements

This announcement includes certain forward-looking statements, forecasts, estimates, projections and opinions. These forward-looking statements may be identified by the fact that they do not relate only to historical or current facts or the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements include statements regarding the business strategy, objectives, financial condition, results of operations and market data of the Company and its subsidiaries (the "Group"), as well as any other statements that are not historical facts. These statements reflect the Company's current view with respect to future events and are based on assumptions made by the Company (including, without limitation, assumptions concerning currency exchange rate fluctuations, requirements of additional capital, costs of closure of various operations and changes to regulations) and information currently available to the Company.

Although the Company considers that these views and assumptions are reasonable, by their nature, forward-looking statements involve unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside the control of the Group. These factors, risks, uncertainties and assumptions could cause actual outcomes and results to be materially different from those projected. Past performance cannot be relied upon as a guide to future performance and should not be taken as a representation that trends or activities underlying past performance will continue in the future. No representation is made or will be made that any forward-looking statements will be achieved or will prove to be correct. These factors, risks, assumptions and uncertainties expressly qualify all subsequent oral and written forward-looking statements attributable to the Company or persons acting on its behalf.

The forward-looking statements speak only as of the date of this announcement. Each of the Company and its respective affiliates expressly disclaim any obligation or undertaking to update, review or revise any forward-looking statement and disclaims any obligation to update its view of any risks or uncertainties described herein or to publicly announce the result of any revisions to the forward-looking statements made in this announcement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based or otherwise, except as required by law.

No statement in this announcement is intended, or is to be construed, as a profit forecast or estimate or to be interpreted to mean that earnings per Company share or overall earnings for the current or future financial years will necessarily match or exceed the historical published earnings per Company share or overall earnings.

Exhibit I

Statement