decisions are based on the fact that the Spanish controlled company is willing to
proceed to the request to the Madrid Stock Exchange for admission to the market
named MAB. The Board has given mandate to the Managing Director, Matteo Corradi,
granting him the powers to act in the name and on behalf of Mondo TV S.p.A., sole
shareholder of Mondo TV Iberoamerica, for taking any necessary and preparatory
decision for the formal start of the admission procedure by the Spanish controlled
company.
The diffusion among the public of the shares will be obtained through the free
assignment by the holding company Mondo TV S.p.A. to its shareholders of a number
of shares representing around 25% of the company's capital of Mondo TV
Iberoamerica. Since at the date of 30 June 2016, the participation of 100% of Mondo
TV Iberoamerica shares is registered in Mondo TV accounts at Euros 1,062,699, as an
effect of the above distribution the net equity of the holding company will be reduced
of Euros 265,568.
The residual 72% of the participation, which will remain in the ownership of Mondo TV
is recorded in the company's accounts at Euros 776 thousands, while the
corresponding initial stock value will be around Euros 11.2 million.
The diffusion of the shares should take place with an assignment rate of nine shares of
Mondo TV Iberoamerica for one hundred shares of Mondo TV S.p.A.. The shares
should be assigned at a value of Euros 1.53 each (equal to the normal value for tax
purposes of the shares as determined by an independent expert engaged for this
purposes by Mondo TV S.p.A.) for a global distributed value of Euros 3,823,135. The
board of directors has resolved upon on its side the reduction of the number of shares
constituting the company's capital of the controlled company from the current 50
million to 10 million.
Such free assignment shall be made by Mondo TV in kind, utilizing its profit (it is
recalled that based on the balance sheet as of 31 December 2015, Mondo TV had a
profit of Euros 3,005,072 of which Euros 1,106,046.68 were already distributed as
dividend along this year 2016).
Since the transaction will have tax effects for the shareholders, there will be also the
distribution of a cash dividend in the same time to support the shareholders to face
such effects; it is highlighted that the cash dividend will be around 15% of the value of
the dividend distributed in kind.
In the light of the above and the per share value of Mondo TV's shares, equal to Euros
4.40 on last 7 October 2016, the dividend yield will be around 3.58%.
The operation should offer the possibility of: i) giving value to the participation of
Mondo TV Iberoamerica, creating value also for the shareholders; ii) giving to Mondo
TV Iberoamerica a higher standing for attracting new business opportunites; iii) making
easier, in the mid term, the entering of new institutional and/or industrial partners, or
in any case making easier the recourse to forms of capitalization for getting new
resources where needed to finance possible future extraordinary plans, at present non
predictable; iv) improving the reputation and the solidity perception among possible
clients and industrial partners of the Controlled company with possible subsequent
advantages for the business of the same.
Considering that the shareholder structure of Mondo TV S.p.A. is as follows:
Shareholder of Mondo TV S.p.A. Number of shares Percentage
Orlando Corradi 12.443.025 44,82%
Yin Wei 2.642.441 9,52%
Kabouter 1.083.278 3,90%
Market 11.595.490 41,76%
Total 27.764.234 100%
Upon the above assignment, the shareholding structure of Mondo TV Iberoamerica
will be as follows:
Shareholder of Mondo TV France S.A. Number of Shares Percentage
Mondo Tv 7.281.219 72,81%
M.B. Fois 200.000 2,00%
Further Managers 20.000 0,20%
Orlando Corradi 1.119.872 11,20%
Yin Wei 237.820 2,38%
Kabouter Management LLC 97.495 0,97%
Market 1.043.594 10,44%
Total 10.000.000 100,00%
In any case the above assignment will take place no more than 5 days before the
admission of the same shares on the MAB, because under Spanish regulation the
requirement of the diffusion of the shares shall take place before the above admission.
It is esteemed that the completion of the procedure should take place within the
fourth quarter 2016.
The board of directors have granted to the managing director mandate for him to
monitor the admission procedure and call the shareholders' meeting of Mondo TV
S.p.A. in due time for it to take the necessary resolutions for the distribution of the
dividend.
By separate press release to be published on Mondo TV's website, as well as on that of
Borsa Italiana through the SDI system and the authorized archiving system managed by
Blt Market service (www.emarketstorage.com), the company will inform about the
date of the shareholders' meeting as well as about all details on the relevant vouchers,
tha date of release of the voucher and the payment date. The calling notice and the
shareholders' meeting documetns will also be released in due time.
Mondo TV Iberoamerica
Mondo TV France was incorporated in 2008 which operates in the in the
Entertainment sector through the production and distribution of animated TV series
realizing also licensing and merchandising activities.
The company was initially incorporated to promote the expansion and business
development of the Mondo TV Group, through the distribution of the products of
Mondo TV library in the Iberian market and Latin America.
After an initial phase in which it was implemented the above mentioned business, the
management of the subsidiaries decided to extend and complete its distribution
activities of the animation catalog of the matrix, through the distribution of products
Juvenile fiction (the so-called "teen soap opera"). In this vein, in 2011, from MTV
Networks Latin America, Inc. (Nickelodeon) the exploitation rights of "Grachi" series in
Italy.
By following this path, in 2013 and 2014, the Company acquired the rights to the series
of "Sueña Conmigo" drama, co-produced by Nickelodeon (Viacom) and Televisa, and
"Life with Boys", produced by Classic Media (today Dreamworks). Both series have
been sold to Rai Group. In addition, in 2014 the RAI has renewed the rights of the first
and second Grachi season.
In 2015, the Company acquired the operating rights of the last of the fiction series
produced by MTV Networks Latin America, Inc. (Nickelodeon), "I am Franky", written
by Marcela Citterio. In December of the same year, the Company sold the broadcasting
rights of the same series Boing.
In the course of 2016, the management considered possible and that it should not be
restricted to the distribution of so-called live teen series but considered entering in the
production of the same. In this context, the Company has decided to participate as a
co-producer in the production of the series "Heidi, Bienvenida at home", written by
Marcela Citterio (author of hits like "Patito Feo", "Chica Vampiro" and "I am Franky")
and produced by Javier France, currently under production, and started the evaluation
of further projects.
The company is in a phase of strong growth; according to the reporting package as to
30 June 2016, prepared in accordance with IAS / IFRS international accounting
standards, in the first half of 2016, revenues amounted to Euros 933 thousand, with a
very significant increase compared to revenues as to 30 June 2016 which amounted to
Euros 31 thousand. The increase in revenue is primarily due to increased sales of live
teen series, in particular the sale of live teen "Yo soy Franky" Turner series.
EBITDA amounted to Euros 588 thousand, improving compared to Euros -166
thousand recorded at 30 June 2015.
For higher revenues, both the EBIT grew to Euros 441 thousand in the period (Euros -
147 thousand at June 30, 2015) and the net profit to Euros 324 thousand (compared to
a loss of Euros 148 thousand at June 30, 2015 ).
The net financial position improved from Euros 6 thousands of liquidity at December
31, 2015 to Euro 144 thousand at June 30, 2016. Shareholders' equity amounted to
Euro 920 thousand (compared to Euros 196 thousand at December 31, 2015).
A depth analysis of the TV World Iberoamerica will be made available to the public
with the admission document that will be prepared in Spanish and published in
accordance with the Regulations of the MAB in the terms set forth therein. The
Company reserves the right to publish a courtesy translation into Italian of that
admission document.
A more deepen analysis of Mondo TV Iberoamerica will be made available through the
admission document which will be drafted and published in accordance with the rules
of the MAB in Spanish. The company reserves to provide a courtesy transaltion into
Italian of the same document. It shall be highlighted that for the operation an
information prospectus is not required pursuant to applicable Spanish rules, whih
contain analogous provision as to section 100 of Legislative Decree 58/1998 and
section 34-ter, litt. c), of Consob regulation Nr. 11971 of 14 May 1999.
Mondo TV,listed in the Star segment of Borsa Italiana, has its registered office in Rome and is a Group
made up of four companies; the Group is a leader in Italy and among the primary European operators in
the production and distribution of television series and cartoon films for TV and the cinema, and is active
in the related sectors (audiovisual and musical distribution, licensing, media, publishing and
merchandising).For further information on Mondo TV, visitwww.mondotv.it.
ISIN code: IT0001447785 - Acronym: MTV - Negotiated on MTA - Reuters: MTV.MI - Bloomberg: MTV.IM
Contact: Mondo TV
Matteo Corradi
Investor Relator
+39.06.86323293
matteo.corradi@mondotv.it
matteo.corradi@mondotv.ch

Mondo Tv S.p.A. published this content on 10 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 October 2016 07:34:03 UTC.

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