YMAGIS announces the launch of a private placement through issuing of shares for a total amount of around 4 million Euros

24 January 2014

YMAGIS (ISIN: FR0011471291, mnemonic: MAGIS), the specialist in digital technologies for the cinema industry, has announced the launch of a capital increase by private placement with institutional investors, for a total amount of 4 million Euros.

The funds raised within the framework of this capital increase should enable YMAGIS to speed up its development in France and at the international level, especially for the business development of SmartJog-Ymagis Logistics – the Group’s recently created subsidiary that specializes in the physical and dematerialized distribution of digital contents to cinema professionals – and to finance possible acquisition opportunities.

This private placement will be achieved by new ordinary shares’ issuance, in accordance with the terms of articles L.225-136 of the French Commercial Code and L.411-2 II of the French Monetary and Financial Code, as well as with the twenty-seventh and twenty-eighth resolutions of YMAGIS’ General Meeting of Shareholders dated March 25, 2013.

This capital increase will be carried out without preemptive subscription rights, and only with qualified investors.

In accordance with the terms of article 211-3 of the General Regulations of the French Financial Markets’ Authority, the Company’s share offer within the framework of this private placement will not give rise to a prospectus submitted to the French Financial Markets’ Authority’s approval. The private placement is being managed by Aurel BGC, acting as Lead Manager and Book-keeper.

This order book opened, and should close before 4pm today. However, the order book could be closed in advance at any time during the building period at the Lead Manager and Book-keeper’s own will.

The final terms of this private placement will be announced by YMAGIS today, after stock market trading.