REG - Ebiquity PLC - Appointment of NOMAD and Trading Update

EbiquityAnnouncement

17/02/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250217:nRSQ2547Xa&default-theme=true

RNS Number : 2547X  Ebiquity PLC  17 February 2025

17 February 2025

 

Ebiquity Plc

("Ebiquity", the "Company" and together with its subsidiaries the "Group")

 

Appointment of Nominated Adviser and Sole Broker and Trading Update

 

Ebiquity (LSE AIM: EBQ), a world leader in media investment analysis, is
pleased to announce the appointment of Cavendish Capital Markets Limited as
the Company's Nominated Adviser and Sole Corporate Broker with immediate
effect.

 

The Group further announces, ahead of publication of its audited results for
the year ended 31 December 2024 ("FY24"), that its results for that year are
anticipated to be in line with market expectations. As announced in the
Group's previous trading update in December 2024, strong cash inflows during
Q4 reduced Net Debt to slightly below the level reported at 30 June 2024. This
was notably better than the market consensus expectations for FY24 year-end
Net Debt.

 

Ruben Schreurs, CEO, commented:

 

"Although 2024 has been a testing year for Ebiquity and for many in this
sector, it is gratifying that the results for the year are anticipated to be
in line with market expectations. The Group's cash collections in the final
months have been strong and, since taking on the role of CEO in late November,
I have made some key internal appointments to my Executive Leadership Team
("ELT").

 

"Together with the ELT I believe we have set the Group up for success in 2025
and beyond, starting with the very earliest months of the current financial
year. I am delighted to welcome Cavendish as the Company's new Nominated
Adviser and Sole Broker. Their early coverage of Ebiquity's investment case
confirms that they will be the ideal partner for the growth mission ahead."

 

 

Enquiries:

 

 Ebiquity                                                                        Via Camarco

 Ruben Schreurs, CEO

 Camarco

 Ben Woodford                                                                    +44 (0)7990 653 341

 Geoffrey Pelham-Lane                                                              +44 (0)7733 124 226

 Phoebe Pugh                                                                     +44 (0)7586 714 048

 Cavendish Capital Markets                                                       +44 (0)20 7220 0500

 Nominated Adviser and Sole Broker

 Ben Jeynes / George Lawson / Hamish Waller - Corporate Finance

 Julian Morse / Louise Talbot / Sunila de Silva - Sales / ECM

 

Existing Board - AIM Rule 17 Disclosures

 

The Company confirms the following director disclosures pursuant to AIM Rule
17 and Schedule Two paragraph (g) of the AIM Rules for Companies.

 

Robert Woodward - Non-Executive Chairman

 

In addition to the disclosures made in the announcement of Robert Woodward's
appointment to the Board of the Company on 27 February 2018, the following
directorships or partnerships are disclosed:

 

 Company                                            Current, or held within the last five years
 GCU Academy Limited                                Current
 The Glasgow Caledonian University Nominee Company  Current
 The Glasgow Caledonian University Company Limited  Current
 Inside Track 1 LLP                                 Current
 Inside Track 2 LLP                                 Current
 Inside Track Productions LLP                       Current
 Royal Television Society                           Held within the last five years

 

Richard Nichols - Non-Executive Director

 

In addition to the disclosures made in the announcement of Richard Nichols'
appointment to the Board of the Company on 31 October 2008, the following
directorships or partnerships are disclosed:

 

 Company                          Current, or held within the last five years
 Huntsworth Dormant (IH) Limited  Directorship held within the last five years the time of appointment to the
                                  Board of the Company
 Smarts (NI) Limited              Directorship held within the last five years the time of appointment to the
                                  Board of the Company

 

 

About Ebiquity plc

 

Ebiquity plc 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 four Service Lines: Media
management, Media performance, Marketing effectiveness and Contract
Compliance.

 

Ebiquity's clients are served by more than 600 media specialists, covering
80% of the global advertising market.

 

The Company has the most comprehensive, independent view of today's global
media market, analysing over US$100bn of media spend and contract value from
over 110 countries annually, including trillions of digital media impressions.

 

As a result, over 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
(http://www.ebiquity.com/)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTUSRWRVBUUAAR