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    ALREW   FR0010820274

REWORLD MEDIA

(ALREW)
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Reworld Media : Completion of the €12.6 million capital increase reserved for ARNOLDO MONDADORI EDITORE- SOCIETÀ PER AZIONI

12/20/2019 | 10:11am EDT

PRESS RELEASE

20th December 2019

Completion of the €12.6 million capital increase

reserved for ARNOLDO MONDADORI EDITORE- SOCIETÀ PER AZIONI

Following the Combined Ordinary and Extraordinary General Meeting held on December 16, REWORLD MEDIA SA announces the completion of the capital increase reserved for ARNOLDO MONDADORI EDITORE- SOCIETÀ PER AZIONI, by issuing ordinary shares without preferential subscription right.

The capital increase amounts in total to €12,599,999.2 and is broken down into €100,398.40 par value and €12,499,600.80 issue premium.

The transaction resulted in the creation of 5,019,920 ordinary shares, with a nominal value of €0.02, at a unit price of €2.51. This price corresponds to the average of the closing prices of REWORLD MEDIA shares for the last 20 trading sessions preceding the Board of Directors of November 5, 2019 during which the Combined General Meeting was convened.

Gautier Normand, Managing Director of Reworld Media, indicates: "This operation, which meets the commitments made by ARNOLDO MONDADORI EDITORE last July, once again demonstrates its confidence in REWORLD MEDIA and strengthens the group's equity at the time when we are integrating MONDADORI France assets. REWORLD MEDIA is in line with its roadmap as the digitalization of these assets are showing some first very positive results. "

This transaction brings ARNOLDO MONDADORI EDITORE-SOCIETÀ PER AZIONI's stake in REWORLD MEDIA from 8% to 17.3%. Distribution of capital after the transaction:

% of

Shareholders

% share

voting

rights

Arnoldo Mondadori Editore Spa

17.3

13

ID Invest

16.5

12.4

Management

16.3

23.5

Montjoie Investissement

10.9

16.4

Free Float

39.1

34.6

TOTAL

100

100

As per the press release of July 25, 2019, ARNOLDO MONDADORI EDITORE- SOCIETÀ PER AZIONI previously announced their commitment to invest €12.6 million as part of any capital increase w REWORLD MEDIA could achieve based on the average of the share prices of the last 20 trading sessions.

This release is a translation of the original French version that prevails in case of inconsistencies.

About Reworld Media:

Reworld Media is the French leader in thematic media (1st thematic press publisher, 4th digital thematic media group) and ranked 5th in the FW500 (ranking of French Tech companies). Founded in 2012, the group is an international player present in 11 countries. He was a pioneer in the digital transition of media assets and today develops a portfolio of more than 40 media brands such as Dr. Good, Grazia, Marie France, Maison & Travaux, Auto Plus, Gourmand, Top Santé, Télé Magazine , Science & Vie… The group combines "Media Branding" with a "Media Performance" activity through its Tradedoubler affiliation platform. Following the acquisition of Mondadori France in July 2019, Reworld Media generated an annual proforma turnover of €483 million and proforma EBITDA of €37.2 million.

Euronext Growth Paris - ALREW - Code ISIN : FR0010820274 - www.reworldmedia.com

Press contact

Investors' contact:

Ségolène de St Martin - PCE

Reworld Media

+33 6 16 40 90 73

- sdestmartin@p-c-e.fr

investisseurs@reworldmedia.com

Paul-Marie Grosse - PCE

Frédéric Portier - Inbound Capital

+33 6 59 97 16 48

- pmgrosse@p-c-e.fr

+44 7802 533333 - fportier@inbound.capital

DISCLAIMER

This press release contains certain projections and forward-looking statements relating to the expected future performance of REWORLD MEDIA.

Such statements are sometimes identified by the use of the future, conditional terms and forward-looking terms such as "believes", "aims", "anticipates", "intends to", "should", " ambition of "," considers "," believes "," could "and any other similar expressions. These statements are based on data, assumptions or estimates that REWORLD MEDIA considers reasonable. Actual future results may differ materially from those projected or expected as presented in the forward-looking statements, in particular, due to the uncertainties inherent in any business activity and in the economic, financial, competitive and regulatory environment. Any forward-looking statements contained in this press release should be read in conjunction with these warnings. Any forward- looking statement is only valid on the day it is made. REWORLD MEDIA makes no commitment to publish an update or revision of the information, objectives, prospects or forward-looking statements that are contained in this press release or that REWORLD MEDIA could communicate, subject to the legislative or regulatory obligations applicable to REWORLD MEDIA.

No information in this press release should be interpreted as a forecast of results or an estimate for any period. Recipients of this press release are cautioned not to place undue reliance on these forward-looking statements. Past results are not a reliable indicator of future performance and the results of REWORLD MEDIA or MONDADORI FRANCE presented in this press release may not be an indication and are not estimates or forecasts, of the future results of the REWORLD MEDIA Group.

This press release includes only summary information and should not be considered as exhaustive. No guarantee, express or implied, and no comfort is given by REWORLD MEDIA as to the completeness of the information or opinions contained in this press release or in any oral or written communications attached to it.

Disclaimer

Reworld Media SA published this content on 20 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2019 15:10:08 UTC


© Publicnow 2019
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Financials
Sales 2021 426 M 516 M 516 M
Net income 2021 28,6 M 34,7 M 34,7 M
Net cash 2021 5,90 M 7,15 M 7,15 M
P/E ratio 2021 7,15x
Yield 2021 -
Capitalization 226 M 274 M 274 M
EV / Sales 2021 0,52x
EV / Sales 2022 0,43x
Nbr of Employees 971
Free-Float 47,0%
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Technical analysis trends REWORLD MEDIA
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 2
Average target price 6,61 €
Last Close Price 4,16 €
Spread / Highest target 99,8%
Spread / Average Target 58,8%
Spread / Lowest Target 17,8%
EPS Revisions
Managers and Directors
NameTitle
Gautier Normand Chief Executive Officer & Director
Pascal Chevalier Chairman
Pablo Nowenstein Director
Alexandre Ichai Director
Paul Amsellem Director
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