Ebiquity PLC Statement re CMA Phase 2 referral (3148S)

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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June 25, 2018 02:15 ET (06:15 GMT)