Matomy Media Group Ltd. Update Regarding Strategic Review

Notwithstanding the recent progress against strategic milestones and the Company's financial strength, the Board determined it was appropriate at this juncture to evaluate all opportunities to maximise value for shareholders. Subject to the conclusion of the Strategic Review, the Board will continue to deliver demonstrable progress against its existing strategy and these strategic initiatives are expected to drive growth and build shareholder value.
LONDON, (informazione.it - comunicati stampa - information technology)

Notwithstanding the recent progress against strategic milestones and the Company's financial strength, the Board determined it was appropriate at this juncture to evaluate all opportunities to maximise value for shareholders. Subject to the conclusion of the Strategic Review, the Board will continue to deliver demonstrable progress against its existing strategy and these strategic initiatives are expected to drive growth and build shareholder value.

No decision has been made to enter into any transaction at this time, and there can be no assurance that the consideration of strategic alternatives will result in any transaction. There is no set timetable with respect to the Strategic Review, and the Company does not expect to make further public comment regarding these matters unless and until the Board approves a specific action or otherwise concludes its review.

The Company has also extended the scope of its existing corporate broking relationship with Canaccord Genuity Limited.

TheinformationcontainedwithinthisannouncementisdeemedtoconstituteinsideinformationasstipulatedundertheMarketAbuseRegulations(EU)No.596/2014.Uponthepublicationofthisannouncement,thisinsideinformationisnowconsideredtobeinthepublicdomain. 

About Matomy Media Group Ltd. 

MatomyMedia Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a world leading media company delivering smart technology solutions and a personalized approach to advertising. By providing customized performance and programmatic solutions supported by internal media capabilities, 'big data' analytics and optimization technology, Matomy empowers advertising and media partners to meet their evolving growth-driven goals. Matomy offers a single gateway to digital media channels including mobile,video, display, social, email marketing, search marketing (SEM, SEO, and ASO) anddomain monetization. Founded in 2007, with headquarters in Tel Aviv, growing presence in the USA and six offices around the world, Matomy is dual listed on the London and Tel Aviv Stock Exchanges. Learn more about Matomy at www.matomy.com.

Formoreinformation: 

www.Matomy.com
Facebook: www.facebook.com/MatomyMediaGroup
Follow Matomy on Twitter: @MatomyGroup
LinkedIn: www.linkedin.com/company/matomy-media-group

 

Enquiries:
MatomyMediaGroup
Lipaz Kloper, Head of Investor Relations
lipaz.k@matomy.com
+972-77360-6161
KCSA
Investor Relations
Elizabeth Barker / Garth Russell
[email protected]

Ufficio Stampa
 PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
Allegati
Slide ShowSlide Show
Non disponibili