The board of Catena Media Plc has this afternoon announced that Michael Daly has chosen to step down as Chief Executive Officer with immediate effect. Investors of the Nasdaq Stockholm affiliate and media publisher were informed that Pierre Cadena, VP Corporate Strategy, will assume the role of interim CEO, leading the firm’s ongoing reorganisation to focus on North American growth. …
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Catena Media has completed its share buyback program, executed from 31 July to 4 August. The buyback program was sanctioned by company shareholders at an extraordinary general meeting on 12 July 2023 and further authorised by the board of directors on 17 July 2023. The purpose of the program was to “deliver shareholder value and optimize the capital structure by …
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North America has again proven to be fertile ground for Catena Media in 2022, driving substantial revenue growth for the company that continues a strategic review of its business and media assets. Having closed the year with the €45m sale of its AskGamblers division, along with a range of accompanying websites, to Gaming Innovation Group (GiG), Catena updated its investors …
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The board of Catena Media Plc has resolved the terms of its share buyback programme on the Nasdaq Stockholm, a transaction that was originally disclosed to investors on 23 May 2022. The programme was launched by Catena governance as it is in the company’s interest to “reduce share capital through subsequent cancellation of repurchased shares”. Investors were notified that Catena …
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Catena Media Plc has this morning notified investors that it has recruited Carnegie Investment Bank to serve as financial advisor to assess strategic options related to the continued sale of media assets and including the entire sale of the business. The decision sees the Stockholm-listed affiliate publisher accelerate the streamlining of its media portfolio, originally sanctioned in May 2022 by …
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Issuing a market update, affiliate portal Gambling.com has detailed that it has completed a €16 million fundraising plan for its future growth strategy. Gambling.com details that 46 investors participated in the funding round, which will be primarily used for acquisition purposes. The agreed bond has a final maturity date of July 2020, with an attached fixed rate coupon of 10%. …
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Stockholm Nasdaq-listed industry affiliate marketing network Catena Media has informed the market that it is reviewing funding options for its ongoing M&A strategy which the firm has executed throughout 2016 and 2017. Issuing a short corporate communication, Catena governance has informed that it may action a ‘tap issue’ to release €50 million funds from its secured maximum €100 million bond. …
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