26 Feb 2015 15:38
FOR IMMEDIATE RELEASE26 February 2015
Matomy Media Group Ltd.
Update on Holdings in Company
Matomy Media Group Ltd. (LSE:MTMY), one of the world's leading digital performance-based advertising companies, announces that it has been notified by Viola A.V. Adsmarket L.P. ("Viola") that Viola has refinanced an intra-group loan pursuant to which Viola had pledged its holding in Matomy as collateral. The loan, and consequently, the pledge of its shares, has been transferred from Viola Credit, a member of the Viola Group, to Bank Mizrachi, a third-party lending bank in Israel.
As required by the lock-up deed entered into at the time of the Company's IPO, Canaccord Genuity has provided approval for this transaction to take place. The lock-up restrictions assumed by Viola on the Company's IPO, and extended to 31 March 2015 pursuant to strategic investment by Publicis Groupe S.A. announced on 13 October 2014, remain binding.
About Matomy Media Group
Matomy Media Group Ltd. (LSE:MTMY) is one of the world's leading digital performance-based advertising companies. Working across Web, social media and mobile platforms, Matomy offers advertisers, media partners and publishers a range of opportunities to generate risk-free performance-based results, delivering quality, scale and speed by providing a single gateway to all digital media channels. Matomy's marketing solutions include: a display ad network; mobile, social and video advertising; email marketing; search marketing and search engine optimisation; a virtual currency platform; and domain monetisation.
For more information:www.Matomy.com Facebook: www.facebook.com/MatomyMediaGroupFollow Matomy on Twitter: @MatomyGroupLinkedIn: www.linkedin.com/company/matomy-media-group
Enquiries:
Matomy Media GroupKeith Trivitt, VP Global Marketing and Communicationsktrivitt@matomy.com+1 417 299 5996
Tulchan Communications Stephen MalthouseGiles Kernickmatomy@tulchangroup.com+44 (0) 207 353 4200