Catena Media resolves upon a directed new issue of shares as payment for assets signed in May 2017 as well as in June 2018
The Board of Directors of Catena Media plc (“Catena Media” or the “Company”) has, under the authorization conveyed by the Company’s Articles of Association and in accordance with press releases issued on 23 May, 2017 and 13 June, 2018, resolved to implement a directed new share issue of a total 271,722 shares. On 23 May, 2017, the Company announced that it had signed New Casinos Ltd., including related affiliate assets, and that at most 50 percent of the maximum earn-out of EUR 4.250 million could be paid in form of newly issued shares in Catena Media plc., based on revenue performance