31.05.2016 21:27:21

DGAP-Ad hoc: RNTS Media N.V.

DGAP-Adhoc: RNTS Media N.V.: RNTS Media N.V. Experiences Funding Difficulties Closing of Inneractive Acquisition Requires Funding Within the Next Days (Update of Ad-hoc Announcement of March 3, 2016)

RNTS Media N.V. / Key word(s): Funds/Mergers & Acquisitions

31.05.2016 21:27

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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RNTS Media N.V. ("RNTS Media") experiences difficulties in securing the necessary financing for the closing of the acquisition of Inneractive Ltd. (Israel) ("Inneractive") (see announcement of March 3, 2016). Although the current tap issue of EUR50m of convertible bonds had been fully subscribed, the subscribers have not settled their commitments by 31 May 2016. Proceeds from the bonds placement had been earmarked for payment of the purchase price for the shares in Inneractive. Alternative funding through existing credit lines and remaining proceeds of the initial 2015 convertible bonds placement could also not be applied to close the transaction by 31 May 2016. The contractual time window for the closing of the Inneractive acquisition expires on 5 June 2016. The management of RNTS Media is continuing to pursue all available funding options, including the settlement of the EUR50m convertible bond already placed. However, the closing of the acquisition of Inneractive is considered to be at risk.

Investor Contact: Heiner Luntz ir@rntsmedia.com +49 30 609 855 555

Media Contact: Natalia Sandin natalia.sandin@fyber.com +1 650 201 8814



31.05.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: RNTS Media N.V. Johannisstr. 20 10117 Berlin Germany Phone: +49 30 609 855 528 Fax: E-mail: governance@rntsmedia.com Internet: www.rntsmedia.com ISIN: NL0010315453 WKN: A1J87D Listed: Regulated Market in Frankfurt (Prime Standard) End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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