Catena Media announces outcome of warrants exercised post-Q3 2023 report subscription period
Catena Media plc (“Catena Media” or the “company”) today announces the outcome of the subscription period following the publication of the interim report for the third quarter of 2023 (“subscription period”) of the warrants 2020/2024 (“warrants”) issued as part of the rights issue of units.
Exercise of warrants
A total of 100 warrants were used to subscribe for the same number of new ordinary shares in the company. The subscription price for each share was SEK 18.90. Payment for the new ordinary shares was made in cash totalling SEK 1,890.
A total of 100 subscribed shares were paid exclusively in cash. The company will receive SEK 1,890 in total cash before issue costs.
No capital securities were used to subscribe for shares during the subscription period. The total outstanding nominal amount of the capital securities will remain at 455,126,100 SEK.
Following the subscription period subsequent to the Q3 2023 report, the total number of outstanding warrants stands at 27,022,988.
Increase in number of shares and share capital
The exercise of warrants during the subscription period will raise the number of shares in Catena Media by 100, from 78,773,274 to 78,773,374. The share capital will increase by EUR 0.15, from EUR 118,159.91 to EUR 118,160.06.
Other information
The shares subscribed by the exercise of warrants are expected to be delivered and admitted to trading on Nasdaq Stockholm following registration with relevant authorities.
The next period to subscribe for shares by exercise of warrants will commence on the day following the publication of the interim report for the fourth quarter of 2023 (expected to be 13 February 2024). Subsequent subscription periods will follow the publication of each quarterly report up to and including the report for the second quarter of 2024.
Contact details for further information:
Investor Relations
Email: [email protected]
Erik Edeen, Interim Group CFO
Email: [email protected]
The information was submitted for publication by the contact persons set out above at 08:00 CET on 7 December 2023.
About Catena Media
Catena Media is a global leader in generating high-value leads for operators of online casino and sports betting platforms. The group’s large portfolio of web-based affiliation brands guides users to customer websites and enriches the experience of players worldwide. Headquartered in Malta, the group employs over 350 across the globe. The share (CTM) is listed on Nasdaq Stockholm Mid Cap. For further information see catenamedia.com.
