29 Jan 2019 08:13
January 29, 2019
Result of Bondholder Vote
In furtherance to the announcement made by Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA)("Matomy" or the "Company") regarding the contingent voting proxy for immediate repayment of the bond to enter into effect as of January 30, 2019 (the "Repayment Vote"), the Company announces that the trustee of the bondholders (the "Trustee") has published the results of such vote in which the Repayment Vote was rejected by a majority.
The bondholders vote in respect of the Repayment Vote was quorate (78.44% of the bonds were represented). 72.64% of the bonds that voted, voted to reject the Repayment Vote and only 27.36% voted in favour of the Repayment Vote.
In light of these results the resolution in connection with the Repayment Vote has been rejected and the bondholders resolved not to require immediate repayment of the bonds pursuant to that voting proxy.
An additional voting proxy has been issued by the Trustee according to which the bondholders are requested to either vote in favour of an indicative non-binding approval of the Company's proposed plan, as announced on January 23, 2019 (RNS Number 9048N), or demand immediate repayment of the bonds. This vote is set for January 29, 2019.
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.
For more information:
Matomy Media Group
Pamela Becker, VP Global Marketing
pamela.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