ELIMINATION OF DILUTION RISK ASSOCIATED WITH SHARE PURCHASE WARRANTS (BSA) FOLLOWING THE EARLY REPAYMENT OF BONDS ISSUED IN OCTOBER 2014

2 March 2015

YMAGIS (ISIN: FR0011471291, MNEMONIC: MAGIS), the specialist in digital technologies for the cinema industry, announced today that it has successfully completed, with no penalties, the full repayment of its bonds with equity warrant (‘OBSA’ in French) issued in October 2014 following the acquisition of dcinex, representing a total of €15.4 million.

This operation results in the cancellation of all attached share purchase warrants (BSA), and therefore eliminates any associated dilution risk, which could have represented up to 18.9% of the common stock if fully exercised.

On February 19, 2015, YMAGIS successfully issued a €36.5 million bond in private placement to strengthen and optimize its financial structure, and notably to early repay the potentially dilutive financial instruments, which coupon would have increased to 7.5% as of January 2016 (compared to 3.5% currently).