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Public announcement for the engagement of Whitetip Investments AEPEY

MLS (the " Company") has appointed on Friday July 10th 2021 Whitetip Investments AEPEY (the "Advisor") to act as its exclusive financial advisor for the purpose of a) financial restructuring and b) raising capital for funding company's business plan.

Company's CEO G. Vakaros commented: "We are pleased to announce the engagement of Whitetip, a leading financial company, as our financial advisor. Whitetip will evaluate and advise on the Company's strategic options including capital raise, debt restructuring and financial reorganization.

Whitetip's appointment is fully aligned with the Company's continuous commitment to implement an operational and financial rationalization of its business for delivering better results to stakeholders and creditors in the future".

The above announcement is made in accordance with par. 1 of article 17 of EU Regulation 596/2014 regarding the obligation of the issuer to disclose privileged information within the meaning of article 7 of EU Regulation 596/2014 and the provisions of article 27 par. 8 of Law 4443/2016.

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MLS Multimedia SA published this content on 15 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2021 15:56:01 UTC.