(Alliance News) - Mondo TV on Tuesday announced that, with reference to the conversion request, it informs that the 679,914 shares due to CLG Capital as a result of the conversion of a bond worth EUR125,000 have been loaned by Mondo TV S.p.A. in favor of CLG Capital, as provided for in the investment agreement approved by the extraordinary shareholders' meeting on December 11, 2023 and disclosed to the market on the same date.

Therefore, the subscription and issuance of the corresponding shares is postponed to the closing date of the loan, as of today not yet determined.

Therefore, the number of outstanding shares and the corresponding share capital is unchanged, amounting to approximately 64.6 million and EUR22.1 million, respectively.

Mondo TV closed Tuesday's session in the red by 0.8 percent at EUR0.20 per share

By Maurizio Carta, Alliance News reporter

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