Withdrawal of EGM proposal for MTG capital raise authorisation
The Board of Directors of Modern Times Group MTG AB (MTG) has today withdrawn its proposal to its Extraordinary General Meeting (EGM) of shareholders to be held on 7 February regarding the authorisation to resolve on the issuing of new MTG class B shares. The withdrawal follows consultation with MTG’s largest owners. The EGM will otherwise proceed as planned to decide on the matters set out in the notice published on 15 January 2019, including the split of MTG into two companies and distribution of Nordic Entertainment Group (NENT Group) to MTG shareholders, and the planned listing of NENT