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Automax Motors Ltd. — Capital/Financing Update 2019
Jul 9, 2019
6665_rns_2019-07-09_10987b23-522c-4f9a-b159-ad1a9ac3d8df.pdf
Capital/Financing Update
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July 9, 2019
Re: Results of the Bondholders Vote
Further to the previous announcements made by Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) ("Matomy" or the "Company") on July 2, 2019 (RNS 2347E)) regarding the convening of a bondholders meeting by the trustee of the bondholders (Series A) of the Company ("Trustee") that was held on July 8, 2019, with a proposed resolution to approve a contingent demand for an immediate repayment of the bonds if an amount of US\$ 4.5 million is not paid within 45 days (the "Proposed Repayment Demand Resolution"), the Company hereby announces that the Trustee has published the results of such bondholders' vote, according to which the Proposed Repayment Demand Resolution was rejected.
The bondholders vote was quorate (79.3% of the bonds were represented). 52.79% of the bonds that voted, voted to reject the Proposed Repayment Demand Resolution and 47.21% voted in favour of the proposed resolution.
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: Noam Yellin, [email protected], +972544246720
Website: http://investors.matomy.com