Completion of Acquisition and Placing

RNS Number : 3141G

Access Intelligence PLC

05 November 2018

 

5 November 2018

Access Intelligence plc

("Access Intelligence" or the "Company")

Completion of Acquisition and Placing

Access Intelligence Plc (AIM: ACC), a leading supplier of Software-as-a-Service ("SaaS") solutions for communications and reputation management, is pleased to announce that, further to its announcement on 10 October 2018 of the Company's acquisition of ResponseSource Limited, the Consideration Shares and Second Placing Shares were admitted to trading on the AIM market and dealings commenced in such shares earlier today. Admission of the Consideration Shares and the Second Placing Shares is the final condition precedent to the Acquisition. Accordingly, the Acquisition is now complete.

Following the issue of the Second Placing Shares and the Consideration Shares, the Company's total issued share capital consists of 63,772,754 New Ordinary Shares. The Company holds 2,966,666 Ordinary Shares in treasury and therefore the total number of New Ordinary Shares with voting rights is 60,806,088. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Group, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Definitions used in this announcement are the same as those used in the announcement released by the Company on 10 October 2018.

For further information:

Access Intelligence plc                                                                                   0203 426 4070

Christopher Satterthwaite (Non-Executive Chairman)                                                                

Joanna Arnold (Chief Executive Officer)                                                                      

Allenby Capital Limited                                                                                            0203 328 5656

David Worlidge / Nicholas Chambers                

About Access Intelligence:

Access Intelligence is a leader in the provision of corporate communications and reputation management software. Its flagship Vuelio offering is a fully integrated communications management platform that uniquely combines solutions for public relations, public affairs, stakeholder relations and influencer marketing. It has more than 1,500 customers, ranging from blue-chip large enterprises and communications agencies to public sector bodies and not-for-profit organisations. It hosts the annual and prestigious Vuelio Blog Awards which takes place this year on 30 November 2018. ResponseSource has a complementary product suite to Vuelio. The ResponseSource Acquisition offers fantastic upsell and cross-sell opportunities as well as providing longer term strategic strength to Vuelio's PR services by improving Access Intelligence's media data and press release wire offering.

 

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