REG - Ebiquity PLC - Completion of Acquisition and TVR

EbiquityAnnouncement

04/04/2022 08:15

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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
 Ben Woodford                                                            +44 7990 653 341
 Geoffrey Pelham-Lane                                                    +44 7733 124 226

 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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