Australia's Engage:BDR climbs on partnership with Acceptable Ads Exchange

Colortv

12/03/2021 01:21

** Shares of Engage:BDR  EN1.AX  surge as much as 22.2% to
A$0.006, posting their biggest intraday pct gain since Feb. 11 
    ** The advertising firm signs partnership with Acceptable
Ads Exchange, unit of Eyeo, co that owns AdBlock Plus, an open
source browser extension used to block advertisements
 urn:newsml:reuters.com:*:nASX7ynzgf
    ** Partnership enables co to show advertisements to users
who use Adblock Plus
    ** EN1 says partnership is expected to be fully live and
produce recurring revenue from early next week
    ** Stock at its highest since March 5
    ** More than 24.7 mln shares change hands, vs the 30-day
average volume of 12.4 mln shares
    ** Stock down 25.0% this year, as of last close
    
  

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))