Ebiquity PLC Statement re CMA Phase 2 referral (3148S)
25 June 2018 - 4:15PM
UK Regulatory
TIDMEBQ
RNS Number : 3148S
Ebiquity PLC
25 June 2018
Ebiquity plc
("Ebiquity" or "the Company")
Statement re Competition and Markets Authority ("CMA") Phase 2
referral of the disposal of Ebiquity's Advertising Intelligence
division
Further to the Company's announcement on 13 June 2018, Ebiquity,
a leading independent media and marketing consultancy, notes the
announcement today by the CMA confirming that the Company's
proposed disposal of its Advertising Intelligence business to
Nielsen Media Research Limited ("Nielsen"), has now been referred
for an in-depth Phase 2 investigation. The CMA has 24 weeks to
complete the process.
Ebiquity and Nielsen will continue work closely with the CMA
towards a successful conclusion. A further announcement will be
made as and when appropriate.
25(th) June 2018
Enquiries:
Ebiquity plc Via Instinctif Partners
Michael Karg (CEO)
Andrew Noble (CFO)
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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END
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