TIDMACC
RNS Number : 7662E
Access Intelligence PLC
09 July 2021
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Access Intelligence PLC
("Access Intelligence", the "Company" or the "Group")
RESULT OF GENERAL MEETING
Access Intelligence Plc, (AIM: ACC) the technology innovator
delivering Software-as-a-Service (SaaS) solutions for the global
marketing and communications industries, is pleased to announce
that the Resolutions put to shareholders at the General Meeting
held earlier today were duly passed.
Accordingly, the Company has now received shareholder approval
for the Acquisition of Isentia and the Fundraising to raise a total
of GBP50.0 million (before expenses). The Fundraising proceeds will
be used, inter alia, to fund the equity consideration of the
Acquisition and to repay the full amount of the drawn down debt of
Isentia. The Acquisition is being undertaken by way of a scheme of
arrangement in Australia and is subject to, inter alia, Isentia
shareholder approval and approval of the courts in Australia.
The Fundraising remains conditional, among other things, on:
I. as at 8.00 a.m. on the date of the Second Court Hearing, the Scheme of Arrangement becoming unconditional;
II. compliance by the Company in all material respects with its
obligations under the Placing Agreement;
III. both the Subscription and the Placing Agreement becoming unconditional; and
IV. Fundraising Admission becoming effective on or before 23
August 2021 or such later date as the Company and finnCap may agree
but in any event not later than 15 December 2021.
Further announcements will be made accordingly.
For further information:
Access Intelligence plc
Joanna Arnold (CEO) / Mark Fautley (CFO) 020 3426 4024
finnCap Limited (Nominated Adviser and Broker)
Corporate Finance - Marc Milmo / Kate Bannatyne / Fergus
Sullivan 020 7220 0500
Corporate Broking - Alice Lane / Sunila de Silva
About Access Intelligence
Access Intelligence is a technology led company delivering SaaS
products that address the fundamental business needs of customers
in the PR, marketing and communications industries. Access
Intelligence's technology is relied on by more than 3,500
organisations every day, from global blue-chip enterprises and
world-leading marketing agencies to public sector and
not-for-profits organisations. Organisations such as Amazon,
LinkedIn, Twitter, Twitch, Astra-Zeneca, Walgreens Boots Alliance
and The International Monetary Fund among many others.
Access Intelligence combines AI technologies from their advanced
social media intelligence and analytics, alongside their
traditional media intelligence capabilities to enable organisations
to understand what has an impact on their reputation within their
key audiences - from customers to stakeholders, politicians to
influencers and the media. In the age of 'information overload'
where influence moves in real-time across multiple platforms,
Access Intelligence provides a single, real time view of what's
important. This includes where risks or opportunities are emerging,
when and how to engage and providing customers with the tools to
evaluate how effective PR, communications and marketing activity is
against commercial objectives.
The Access Intelligence portfolio includes Vuelio, a technology
platform that helps organisations make their story matter. Vuelio's
holistic platform provides media, political and social media
insight with monitoring and analysis tools for PR, public affairs,
stakeholder engagement and influencer marketing.
Alongside Vuelio is Pulsar, the market leading audience insights
and social listening platform. Pulsar combines conversational and
behavioural data in over 170 languages from the world's leading
digital sources with analysis powered by vertical AI and smart
human research. It provides brands with actionable insights that
underpin marketing strategy and improves effectiveness.
The Access Intelligence portfolio also includes ResponseSource,
a network used by thousands of journalists and influencers to
secure the insight, information and connections they need.
ResponseSource reduces friction in the flow of information between
trusted experts.
Together, the Access Intelligence Group provides technology and
insights that power open and effective communication, strengthening
brand reputation and improving marketing engagement by transforming
relationships between business, media, government and the
public.
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END
ROMFLFIIDLIAIIL
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July 09, 2021 06:03 ET (10:03 GMT)
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