18 Feb 2020 17:22
February 18, 2020
Re: Purchase of Matomy's Shares by Medigus and Negotiation with certain shareholders of the Company for selling their shares
Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) ("Matomy" or the "Company") is aware of the public announcement made by Medigus Ltd. ("Medigus") on February 18, 2020 (following its announcement dated February 13, 2020) that it purchased 2,284,865 ordinary shares of Matomy, representing 2.32% of the issued and outstanding share capital of Matomy, for a price per share of NIS 0.23 (the "PPS"), and that it continues its negotiations with certain shareholders of Matomy for the potential purchase of up to additional 22.67% of the issued and outstanding share capital of the Company,s based on the same PPS.
Matomy will make further announcements, as appropriate, if it becomes aware of any further information in connection with the additional proposed acquisition.
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:
Ilan Tamir, Ilan.t@matomy.com, +972525156464
Website: http://investors.matomy.com