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
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