REG - Ebiquity PLC - Deferred Consideration/Issue of Ordinary Shares <Origin Href="QuoteRef">EBQ.L</Origin>

EbiquityAnnouncement

02/12/2016 12:15

RNS Number : 8468Q
Ebiquity PLC
02 December 2016
Ebiquity Plc 
("Ebiquity" or "the Company")
Deferred Consideration/Issue of Ordinary Shares 
Ebiquity announces that the final number of shares due as deferred consideration following the acquisition, by the Company, of Stratigent LLC ("Stratigent") in August 2013, has been agreed. Stratigent provides multi-channel analytics services and forms part of Ebiquity's Marketing Performance Optimization practice, which has been Ebiquity's fastest growing practice in recent years.
The Company shall issue, in twelve months' time, 600,000 new ordinary shares of 25 pence each in the capital of Ebiquity ("New Ordinary Shares") to Stratigent's management. It is a condition of the issue of any New Ordinary Shares to a member of Stratigent's management that they remain employed by the Group at that time. A further announcement shall be made upon the issue of the New Ordinary Shares.
2 December 2016
Enquiries: 
Ebiquity plc
Michael Karg (CEO)
Andrew Noble (CFO)
Instinctif Partners
Matthew Smallwood 
Guy Scarborough
020 7650 9600
020 7457 2020
Numis Securities Limited 
Nick Westlake, Oliver Hardy (NOMAD) 
Toby Adcock (Corporate Broker) 
020 7260 1000

This information is provided by RNS
The company news service from the London Stock Exchange
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