Catena Media resolves upon two directed new share issues as payment for assets acquired in March 2018 and in April 2018

The board of directors of Catena Media plc (“Catena Media” or the “Company”) has, under the authorization in the articles of association of the Company and in accordance with a press release on 28 March 2018 resolved upon a directed new issue of 75,425 shares as earn-out payment for acquired assets in BonusSeeker.com. In addition the board of directors has in accordance with a press release on 12 April 2018 resolved upon a directed new issue of 27,855 shares as earn-out payment for acquired assets in BrokerDeal.de. The subscription price for both share issues amounts to SEK 66.53 per share.

On 28 March 2018 the Company announced that it had acquired websites and other related assets in BonusSeeker.com (“BonusSeeker”). Following the terms of the agreement, the board of directors of the Company has resolved upon a directed share issue of 75,425 shares to the seller of the assets as payment for the first earn-out, corresponding to thirty-five (35) percent (USD 612,500) of the total amount of the first earn-out (USD 1,750,000). The rest will be paid in cash.  

On 12 April 2018 the Company announced that it had acquired websites and other related assets in BrokerDeal.de (“BrokerDeal”). Following the terms of the agreement, the board of directors of the Company has resolved upon a directed share issue of 27,855 shares to the seller of the assets as payment for the first earn-out, corresponding to thirty (30) percent (EUR 180,000) of the total amount of the first earn-out (EUR 600,000).  The rest will be paid in cash.

In both earn-outs described above, the subscription price amounts to SEK 66.53 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 March 2019.  

Through the share issues, the number of ordinary shares in Catena Media increases by 103,280 shares from 56,885,864 shares to 56,989,144 shares and the share capital increases by EUR 154.92 from EUR 85,328.80 to EUR 85,483.72.

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 June 2019 at 19.00 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 390 employees in the US, Australia, Japan, Serbia, UK, Sweden, Italy and Malta (HQ). Total sales in 2018 reached EUR 105.0m. The company is listed on Nasdaq Stockholm Mid Cap. Further information is available at www.catenamedia.com