PRESS RELEASE
Catena Media resolves upon a directed new issue of shares as payment for assets acquired in January 2018
February 7th, 2018 16:45 CET
On 18 January 2018, the Company announced that it had acquired assets in Dreamworx Online Ltd., and that EUR 4.0 million of the purchase price could be paid in form of newly issued shares in Catena Media.
In light of the foregoing, the board of directors of the Company has, under the authorization in the articles of association of the Company, resolved upon a directed share issue of 385,924 shares to the seller of the assets. The subscription price amounts to EUR 10.36323503 per share, corresponding to the volume-weighted average price for Catena Media’s share on Nasdaq Stockholm during a period of 30 trading days up to and including 16 January 2018. As previously announced, the shares will be subject to a lock-up period of 12 months.
Through the share issue, the number of ordinary shares in Catena Media increases by 385,924 shares from 54,005,545 shares to 54,391,469 shares and the share capital increases by EUR 578.886 from EUR 81,008.3175 to EUR 81,587.2035.
For further information, please contact:
Henrik Persson Ekdahl, Acting CEO, Catena Media plc
Phone: +46 706 91 43 43, E-mail: [email protected]
Åsa Hillsten, Head of IR & Communications, Catena Media plc
Phone: +46 700 81 81 17, E-mail: [email protected]
The information was submitted for publication, through the agency of the contact persons set out above, on February 7, 2018 at 16:45 CET.
About Catena Media
Catena Media plc is an online performance marketing company that has established a leading position through strong organic growth and acquisitions. The business was started in 2012 and the group has approximately 282 employees in the US, Australia, Japan, Serbia, UK, and Malta, where the Head Office is situated. In 2017, revenues reached approximately EUR 67,6 million. The company is listed on Nasdaq Stockholm Mid Cap. Further information is available at www.catenamedia.com.
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