New EUR280 million term loan facility signed

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 Hannah Jethwani, Investor Relations Director	020 7012 6000
FTI Consulting Charles Palmer / Tom Blundell / Jemima Gurney	020 3727 1000
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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