Catena Media p.l.c (OM:CTM) agreed to acquire affiliate related assets from Dreamworx Online Ltd for €10.1 million on January 18, 2018. Of the consideration, €5.5 million will be paid in cash and 385,924 new shares in Catena Media plc will be issued for €4.6 million. The shares will be subject to a lock-up period of 12 months as from the closing date of the transaction. On February 7, 2018, the Board of Directors of Catena Media plc resolved the new issue of 0.39 million shares at a price of €10.36 per share for the assets of Dreamworx Online. The transaction is subject to certain closing conditions being fulfilled, such as the acquired assets being duly transferred to Catena Media plc and is expected to complete in the end of January, 2018.