Catena Media resolves upon a directed new issue of shares as payment for assets acquired in Baybets Ltd in December 2017
The board of directors of Catena Media plc (“Catena Media” or the “Company”) has, under the authorisation in the articles of association of the Company and in accordance with the press release from the Company on 4 December 2017, resolved upon a directed new issue of 1,557,759 ordinary shares as payment of part of the initial purchase price for acquired assets in Baybets Ltd in December 2017. The subscription price has been set at EUR 8.504308665 per share. On 4 December 2017, the Company announced that it had acquired all affiliate related assets in the largest German-focused sports