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Ebiquity PLC (EBQ)

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Wednesday 13 June, 2018

Ebiquity PLC

Statement re CMA review of disposal

RNS Number : 2279R
Ebiquity PLC
13 June 2018
 

Ebiquity plc

 

("Ebiquity" or "the Company")

 

Statement re Competition and Markets Authority ("CMA") review of the disposal of Ebiquity's Advertising Intelligence division

 

Ebiquity, a leading independent media and marketing consultancy, notes today's announcement by the CMA regarding the Company's proposed disposal of its Advertising Intelligence division to Nielsen Media Research Limited ("Nielsen") as announced on 13 February 2018.

 

Ebiquity and Nielsen now have the opportunity to offer remedies to address the CMA's concerns. If appropriate remedies are not offered or agreed, the transaction will be referred for a Phase 2 investigation. Ebiquity and Nielsen continue to believe that the transaction will deliver substantial benefits for all stakeholders.

 

A further announcement will be made as and when appropriate.

13 June 2018

 

Enquiries:

 

Ebiquity plc

Michael Karg (CEO)

Andrew Noble (CFO)

 

Via Instinctif Partners

 

Instinctif Partners

Matthew Smallwood

Guy Scarborough

 

020 7457 2020

Numis Securities Limited

Nick Westlake (NOMAD)

Toby Adcock (Corporate Broker)

020 7260 1000

 

 


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