Ebiquity PLC Completion of Acquisition and TVR (0236H)
04 Abril 2022 - 2:06AM
UK Regulatory
TIDMEBQ
RNS Number : 0236H
Ebiquity PLC
04 April 2022
4 April 2022
Ebiquity Plc
Completion of the acquisition of Media Management, LLC
and
Total Voting Rights
Ebiquity plc ("Ebiquity" or the "Company"), a world leader in
media investment analysis, is pleased to announce the completion of
the acquisition of Media Management, LLC (trading as MMi) ("MMi"),
a US-focused media audit specialist, announced on 30 March
2022.
Completion of acquisition
Following the admission ("Admission") of 1,737,261 new ordinary
shares in the share capital of Ebiquity ("Ordinary Shares") to
trading on AIM earlier today and payment by the Company of the
balance of the initial consideration, each in accordance with the
terms of the agreement for the acquisition of MMi, all conditions
in that agreement have been satisfied and the acquisition of MMi
has now been completed.
Total Voting Rights
Following Admission, the total number of Ordinary Shares in
issue will be 84,891,181 with each share carrying the right to one
vote. The Ebiquity plc Employee Benefit Trust holds 4,200,000
issued Ordinary Shares to satisfy awards under the Company's share
option plan. To date these share options have not been exercised
and the trustee has agreed not to vote the Ordinary Shares which it
holds. Therefore 4,200,000 Ordinary Shares are treated as not
carrying voting rights. The figure of 80,691,181 may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the Disclosure Guidance and Transparency
Rules.
Ebiquity plc +44 20 7650 9600
Nick Waters, CEO
Alan Newman, CFO & COO
Camarco
+44 7990 653
Ben Woodford 341
+44 7733 124
Geoffrey Pelham-Lane 226
Panmure Gordon (Financial Adviser, Nomad and
Broker) +44 20 7886 2500
Alina Vaskina / Harriette Johnson / Dougie
McLeod (Corporate Advisory)
Charles Leigh-Pemberton / Sam Elder (Corporate
Broking)
About Ebiquity plc
Ebiquity plc (LSE AIM: EBQ) is a world leader in media
investment analysis. It harnesses the power of data to provide
independent, fact-based advice, enabling brand owners to perfect
media investment decisions and improve business outcomes. Ebiquity
is able to provide independent, unbiased advice and solutions to
brands because we have no commercial interest in any part of the
media supply chain.
We are a data-driven solutions company helping brand owners
drive efficiency and effectiveness from their media spend,
eliminating wastage and creating value. We provide analysis and
solutions through five Service Lines: Media management, Media
performance, Marketing effectiveness, Technology advisory, Contract
compliance.
Ebiquity's clients are served by more than 500 media specialists
operating from 19 offices covering 80% of the global advertising
market.
The Company has the most comprehensive, independent view of
today's global media market, analysing US$55bn of media spend from
75 markets annually, including trillions of digital media
impressions. Our Contract Compliance division, FirmDecisions,
audits US$40bn of contract value annually.
As a result, more than 70 of the world's top 100 advertisers
today choose Ebiquity as their trusted independent media
advisor.
For further information, please visit: www.ebiquity.com
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END
ACQZFLFBLZLXBBX
(END) Dow Jones Newswires
April 04, 2022 03:06 ET (07:06 GMT)
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