17 February 2025
Ebiquity Plc
("Ebiquity", the
"Company" and together with its subsidiaries the
"Group")
Appointment of Nominated Adviser and
Sole Broker and Trading Update
Ebiquity (LSE AIM: EBQ), a world leader in
media investment analysis, is pleased to announce the appointment
of Cavendish Capital Markets Limited as the Company's Nominated
Adviser and Sole Corporate Broker with immediate effect.
The Group further announces, ahead of
publication of its audited results for the year ended 31 December
2024 ("FY24"), that its results for that year are anticipated to be
in line with market expectations. As announced in the Group's
previous trading update in December 2024, strong cash inflows
during Q4 reduced Net Debt to slightly below the level reported at
30 June 2024. This was notably better than the market consensus
expectations for FY24 year-end Net Debt.
Ruben
Schreurs, CEO, commented:
"Although
2024 has been a testing year for Ebiquity and for many in this
sector, it is gratifying that the results for the year are
anticipated to be in line with market expectations. The Group's
cash collections in the final months have been strong and, since
taking on the role of CEO in late November, I have made some key
internal appointments to my Executive Leadership Team
("ELT").
"Together
with the ELT I believe we have set the Group up for success in 2025
and beyond, starting with the very earliest months of the current
financial year. I am delighted to welcome Cavendish as the
Company's new Nominated Adviser and Sole Broker. Their early
coverage of Ebiquity's investment case confirms that they will be
the ideal partner for the growth mission ahead."
Enquiries:
Ebiquity
Ruben Schreurs, CEO
|
Via
Camarco
|
Camarco
Ben Woodford
Geoffrey Pelham-Lane
Phoebe Pugh
|
+44 (0)7990 653
341
+44 (0)7733 124 226
+44
(0)7586 714 048
|
Cavendish
Capital Markets
Nominated
Adviser and Sole Broker
Ben Jeynes / George Lawson / Hamish Waller -
Corporate Finance
Julian Morse / Louise Talbot / Sunila de Silva
- Sales / ECM
|
+44 (0)20 7220
0500
|
Existing Board
- AIM Rule 17 Disclosures
The Company confirms the following director
disclosures pursuant to AIM Rule 17 and Schedule Two paragraph (g)
of the AIM Rules for Companies.
Robert
Woodward - Non-Executive Chairman
In addition to the disclosures made in the
announcement of Robert Woodward's appointment to the Board of the
Company on 27 February 2018, the following directorships or
partnerships are disclosed:
Company
|
Current, or
held within the last five years
|
GCU Academy Limited
|
Current
|
The Glasgow Caledonian University Nominee
Company
|
Current
|
The Glasgow Caledonian University Company
Limited
|
Current
|
Inside Track 1 LLP
|
Current
|
Inside Track 2 LLP
|
Current
|
Inside Track Productions LLP
|
Current
|
Royal Television Society
|
Held within the last five years
|
Richard
Nichols - Non-Executive Director
In addition to the disclosures made in the
announcement of Richard Nichols' appointment to the Board of the
Company on 31 October 2008, the following directorships or
partnerships are disclosed:
Company
|
Current, or
held within the last five years
|
Huntsworth Dormant (IH) Limited
|
Directorship held within the last
five years the time of appointment to the Board of the
Company
|
Smarts (NI) Limited
|
Directorship held within the last
five years the time of appointment to the Board of the
Company
|
About Ebiquity
plc
Ebiquity plc is a world leader in media
investment analysis. It harnesses the power of data to provide
independent, fact-based advice, enabling brand owners to perfect
media investment decisions and improve business
outcomes. Ebiquity is able to provide independent,
unbiased advice and solutions to brands because we have no
commercial interest in any part of the media supply
chain.
We are a data-driven solutions
company helping brand owners drive efficiency and
effectiveness from their media spend, eliminating wastage and
creating value. We provide analysis and solutions through four
Service Lines: Media management, Media performance, Marketing
effectiveness and Contract Compliance.
Ebiquity's clients are served by more than
600 media specialists, covering 80% of the global advertising
market.
The Company has the most comprehensive,
independent view of today's global media market, analysing
over US$100bn of media spend and contract value from over
110 countries annually, including trillions of digital media
impressions.
As a result, over 70 of the world's top 100
advertisers today choose Ebiquity as their trusted
independent media advisor.
For further information, please
visit: www.ebiquity.com