Catena Media resolves upon a directed new issue of shares as payment for assets signed in May 2017 as well as in June 2018

The Board of Directors of Catena Media plc (“Catena Media” or the “Company”) has, under the authorization conveyed by the Company’s Articles of Association and in accordance with press releases issued on 23 May, 2017 and 13 June, 2018, resolved to implement a directed new share issue of a total 271,722 shares.

On 23 May, 2017, the Company announced that it had signed New Casinos Ltd., including related affiliate assets, and that at most 50 percent of the maximum earn-out of EUR 4.250 million could be paid in form of newly issued shares in Catena Media plc., based on revenue performance over a period of 12 months. The actual earn-out was EUR 3.750 million during the twelve-month period, effective from the closing date of the transaction. On this basis, the Board of Directors of the Company has, under the authorization conveyed by the Articles of Association, resolved to implement a directed issue of 144,282 shares to the seller of the assets. The subscription price amounts to SEK 133.33 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 29 May, 2018. The shares will not be subject to any further lock-up period.

On 13 June 2018, the Company announced that it had acquired assets in Hammerstone Inc., and that USD 2.0 million of the purchase price could be paid in form of newly issued shares in Catena Media plc. In line with this, the Board of Directors of the Company has, under the authorization granted by the Articles of Association, resolved to implement a directed issue of 127,440 shares to the seller of the assets. The subscription price amounts to SEK 137.32 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 8 June, 2018. As previously announced, the shares will be subject to a lock-up period of 12 months effective from the closing date of the transaction.

Through the share issues, the number of ordinary shares in Catena Media increases by total 271,722 shares from 55,288,205 shares to 55,559,927 shares and the share capital increases by EUR 408 from EUR 82 932 to EUR 83 340.

For further information, please contact:

Per Hellberg, CEO, Catena Media plc
Phone: +46 709 10 74 10, e-mail: per.hellberg@catenamedia.com

Åsa Hillsten, Head of IR & Communications, Catena Media plc Phone: +46 700 81 81 17, E-mail: asa.hillsten@catenamedia.com

The information was submitted for publication, through the agency of the contact persons set out above, on 19 July, 2018 at 16.30 CET.

About Catena Media

Catena Media provides companies with high quality online lead generation. Through strong organic growth and strategic acquisitions, Catena Media has since 2012 established a leading market position with approximately 300 employees in the US, Australia, Japan, Serbia, UK, Sweden and Malta (HQ). Total sales in 2017 reached EUR 67.6 million. The company is listed on Nasdaq Stockholm Mid Cap. Further information is available at www.catenamedia.com