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Pin to quick picksEbiquity Share News (EBQ)

Share Price Information for Ebiquity (EBQ)

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Share Price: 40.00
Bid: 39.00
Ask: 41.00
Change: 0.00 (0.00%)
Spread: 2.00 (5.128%)
Open: 40.00
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Low: 40.00
Prev. Close: 40.00
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CMA provisionally clears sale of Ebiquity's advertising intelligence business

Thu, 11th Oct 2018 11:37

(Sharecast News) - Media and marketing consultancy Ebiquity rallied on Thursday as the Competition and Markets Authority provisionally approved the sale of its advertising intelligence business to Nielsen Media on an unconditional basis.Chief executive officer Michael Karg said: "We are encouraged by the CMA's provisional findings report following its in-depth investigation. The planned disposal of Advertising Intelligence to Nielsen will allow Ebiquity to continue investment in its core consultancy practices, better align the business to the significant market growth opportunities and materially reduce net debt."The CMA - which referred the sale for an in-depth investigation amid concerns that the merged company would face little competition from other suppliers - said it has provisionally found that the design of the products, how they are used and the fact that very few customers switch between the companies mean they don't closely compete."This finding was supported by the fact that they have not invested significant amounts of money or resources in competing for each other's customers and, according to internal documents, are unlikely to do so in the future," the CMA said."This provisional clearance takes into account the declining demand for advertising research relating to traditional media - such as TV, radio and print - as online and social media continue to grow in importance and take a greater share of total advertising spend. This has put pressure on both companies, which provide intelligence on traditional media."Ebiquity said on Thursday that it "looks forward to continuing to engage with the CMA" as it works towards its final report ahead of the 9 December statutory deadline.At 1135 BST, the shares were up 16% to 70p.
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11 Nov 2014 16:02

Ebiquity CEO stocks up with almost £100,000-worth of shares

The chief executive officer of Ebiquity made a show of faith in the data analysis firm with the purchase of almost £100,000-worth of shares. Michael Greenlees acquired 94,267 at 106p, taking his holding to 324,267. The group's share price has dropped around 11% in the past three months, following w

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11 Nov 2014 10:47

DIRECTOR DEALINGS: Ebiquity Chief Executive Buys Shares

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16 Jul 2014 11:39

Ebiquity's Reports Lower Annual Profit On Acquisition Costs

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3 Jul 2014 09:35

Ebiquity Secures Refinancing As It Hints At Potential Acquisitions

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8 May 2014 13:00

Ebiquity acquires remaining stake in US subsidiary

AIM-listed advertising data specialist Ebiquity has acquired the remaining minority stake in its US subsidiary Billets America. The outstanding 15% interest will be bought from the subsidiary's management and will be payable on the performance of the business during the three financial years ending

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8 May 2014 12:13

Ebiquity Buys Minority Stake In US Subsidiary

LONDON (Alliance News) - Media and marketing analytics provider Ebiquity PLC Thursday said it has acquired the minority 15% stake in its US subsidiary, Billets America LLC, which owns and operates Ebiquity's North America media auditing and benchmarking business. The interest is being acqui

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14 Apr 2014 07:50

Ebiquity Appoints CEO, Americas

LONDON (Alliance News) - Ebiquity PLC said Monday it has appointed Alex Yoder to the newly created position of Chief Executive Officer, Americas with immediate effect. Yoder has previously held roles at Webtrends Inc, as President and CEO, and Touch Clarity as VP for sales. Ebiquity s

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7 Apr 2014 13:36

Ebiquity encouraged by 'strongest ever' quarter for Stratigent

Marketing and advertising data specialists Ebiquity has paid the maximum deferred consideration for its acquisition of Stratigent due to its strong performance. The AIM-listed company paid the performance-based cash payment of $3m to the founders of Stratigent, a US-based analytics firm, that was a

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7 Apr 2014 09:15

Ebiquity Pays Full Amount For Stratigent As Acquisition Performs Well In 2013

LONDON (Alliance News) - Marketing company Ebiquity PLC Monday said it had paid the maximum deferred consideration for its acquisition of Stratigent LLP, after the acquired company put in a strong performance in 2013. Ebiquity completed the acquisition of Stratigent from its founders in Aug

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25 Mar 2014 16:52

DIRECTOR DEALINGS: Ebiquity CFO Exercises Options

LONDON (Alliance News) - Ebiquity PLC Tuesday said Chief Financial Officer Andrew Beach exercised options in the company.

Details are as follows.

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7 Mar 2014 10:14

DIRECTOR DEALINGS: Ebiquity Non-Executives Exercise Options, Sell Shares

LONDON (Alliance News) - Ebiquity PLC Friday said non-executive directors Sarah Thomson and Stephen Thomson exercised options over 145,921 shares and subsequently sold 7.6 million and 1,000 shares, respectively at 120 pence per share. Following this transaction, both hold 145,921 shares

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7 Mar 2014 07:44

Ebiquity founders resign, sell shares

The founders of Ebiquity have resigned from the board of the media and marketing analytics company and sold off a large portion of their stakes, the AIM-listed firm said on Friday. One day after announcing the retirement of Chief Operations Officer Paul Adams, Ebiquity said that non-executive direc

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