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RNS Number : 2671O YouGov PLC 02 October 2023
2 October 2023
YouGov plc
("YouGov" or "the Group" or "the Company")
New €280 million term loan facility signed
YouGov, the international online research and data analytics group, is pleased
to announce that it has agreed a term and revolving credit facility (the
"Facility'") of up to €280 million. The facility is comprised of a €240
million amortising term loan with a tenor of four years and a €40 million
Revolving Credit Facility ("RCF") with a tenor of three years (with an option
to extend). This Facility replaces the Group's existing £20 million RCF and
the Acquisition bridge debt facility, both of which were undrawn and have been
cancelled.
On 6 July 2023, YouGov announced the intended acquisition of the Consumer
Panel Business of GfK SE, subject to regulatory approval, for a headline
purchase price of €315 million (the "Acquisition"). The facility will be
used to finance the consideration for the Acquisition and for general
corporate purposes that support the Group's long-term growth strategy.
Alex McIntosh, Chief Finance Officer, commented: "This new facility will
provide additional financing for our proposed acquisition of GfK's Consumer
Panel Business and provide further firepower for investing in our strategic
growth plan. We thank our lenders for their continued support."
Enquiries
YouGov plc
Tilly Heald, Company Secretary 020 7012 6000
Hannah Jethwani, Investor Relations Director
FTI Consulting
020 3727 1000
Charles Palmer / Tom Blundell / Jemima Gurney
Numis Securities (NOMAD and Joint Broker)
Nick Westlake / Iqra Amin 020 7260 1000
Berenberg (Joint Broker)
Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff 020 3207 7800
About YouGov
YouGov is an international online research data and analytics technology
group.
Our mission is to offer unparalleled insight into what the world thinks.
Our innovative solutions help the world's most recognised brands, media owners
and agencies to plan, activate and track their marketing activities better.
With operations in the UK, the Americas, Europe, the Middle East, India and
Asia Pacific, we have one of the world's largest research networks.
At the core of our platform is an ever-growing source of consumer data that
has been amassed over our twenty years of operation. We call it Living Data.
All of our products and services draw upon this detailed understanding of our
24+ million registered panel members to deliver accurate, actionable consumer
insights.
As innovators and pioneers of online market research, we have a strong
reputation as a trusted source of accurate data and insights. Testament to
this, YouGov data is regularly referenced by the global press, and we are the
most quoted market research source in the world.
YouGov. Living Consumer Intelligence.
For further information, visit business.yougov.com
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