Catena Media resolves upon a new directed issue of shares as a prepayment to the final payment for U.S. assets acquired in December 2016
The board of directors of Catena Media plc (“Catena Media” or the “Company”) has resolved upon a new directed issue of 1,440,454 shares at a subscription price of SEK 60.30 per share, as part of the prepayment of the third and final earn-out for acquired assets in the U.S., including brands such as www.playnj.com and www.playpennsylvania.com, and www.uspoker.com.As announced on 14 December 2016 , Catena Media acquired regulated affiliate assets