Scheme Effective, Director Shareholdings & TVR

RNS Number : 2349J

Access Intelligence PLC

20 August 2021

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.

UNLESS OTHERWISE INDICATED, CAPITALISED TERMS IN THIS ANNOUNCEMENT HAVE THE MEANINGS GIVEN TO THEM IN THE ANNOUNCEMENT OF 15 JUNE 2021.

Access Intelligence PLC

("Access Intelligence", the "Company" or the "Group")

Scheme Effective, Fundraising Admission, Director Shareholdings and Total Voting Rights

Access Intelligence Plc, (AIM: ACC) the technology innovator delivering Software-as-a-Service (SaaS) solutions for the global marketing and communications industries, is pleased to announce that the Supreme Court of New South Wales has today made orders approving the scheme of arrangement (the "Orders") by which Access Intelligence will acquire all of the ordinary shares in Isentia it does not already own.

Following approval by the Supreme Court of New South Wales, a copy of the Orders has been lodged with the Australian Securities and Investments Commission and the Scheme has become legally effective. Implementation and completion of the Acquisition is expected on 1 September 2021.

Fundraising Admission

In line with the timing of the Australian court proceedings, admission and dealings of the 41,666,667 Fundraising Shares will commence at 8.00 a.m. today. Re-Admission of the Enlarged Group is expected to occur on 8.00 a.m. on 2 September 2021.

Director Shareholdings

The Participating Directors subscribed for an aggregate 62,499 Placing Shares and therefore their resultant holdings of Ordinary Shares with voting rights following Fundraising Admission is as set out below.

Name	Role	Existing shareholding	Existing % shareholding*	Number of Shares Subscribed for in the Placing	Resultant Shareholding	% holding post Fundraising Admission*
Joanna Arnold	CEO	745,538	0.88%	-	745,538	0.58%
Mark Fautley	CFO	62,828	0.07%	8,333	71,161	0.06%
Christopher Satterthwaite	Non-Executive  Chairman	77,632	0.09%	12,500	90,132	0.07%
Chris Pilling	NED	25,000	0.03%	25,000	50,000	0.04%
Sarah Vawda**	NED	-	0.00%	16,666	16,666	0.01%

* excludes the 2,966,666 Ordinary Shares held in treasury

**Shares held by Vawda Associates, a company wholly owned by Sarah Vawda

Total Voting Rights

Following Fundraising Admission, the total number of Ordinary Shares in issue will be 130,524,386, including 2,966,666 held in treasury. Accordingly, the total number of Ordinary Shares in the Company with voting rights on Fundraising Admission will be 127,557,720. This figure may be used by shareholders in the Company 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 share capital of the Company under the applicable legal and regulatory requirements.

All references to time in this announcement are to London times, unless otherwise stated.

For further information:

Access Intelligence plc

Joanna Arnold (CEO) / Mark Fautley (CFO)     020 3426 4024

finnCap Limited (Nominated Adviser and Broker)       

Corporate Finance - Marc Milmo / Kate Bannatyne / Fergus Sullivan                                 020 7220 0500

Corporate Broking - Alice Lane / Sunila de Silva  

About Access Intelligence

Access Intelligence is a technology led company delivering SaaS products that address the fundamental business needs of customers in the PR, marketing and communications industries. Access Intelligence's technology is relied on by more than 3,500 organisations every day, from global blue-chip enterprises and world-leading marketing agencies to public sector and not-for-profits organisations. Organisations such as Amazon, LinkedIn, Twitter, Twitch, Astra-Zeneca, Walgreens Boots Alliance and The International Monetary Fund among many others.

Access Intelligence combines AI technologies from their advanced social media intelligence and analytics, alongside their traditional media intelligence capabilities to enable organisations to understand what has an impact on their reputation within their key audiences - from customers to stakeholders, politicians to influencers and the media. In the age of 'information overload' where influence moves in real-time across multiple platforms, Access Intelligence provides a single, real time view of what's important. This includes where risks or opportunities are emerging, when and how to engage and providing customers with the tools to evaluate how effective PR, communications and marketing activity is against commercial objectives.

The Access Intelligence portfolio includes Vuelio, a technology platform that helps organisations make their story matter. Vuelio's holistic platform provides media, political and social media insight with monitoring and analysis tools for PR, public affairs, stakeholder engagement and influencer marketing.

Alongside Vuelio is Pulsar, the market leading audience insights and social listening platform. Pulsar combines conversational and behavioural data in over 170 languages from the world's leading digital sources with analysis powered by vertical AI and smart human research. It provides brands with actionable insights that underpin marketing strategy and improves effectiveness.

The Access Intelligence portfolio also includes ResponseSource, a network used by thousands of journalists and influencers to secure the insight, information and connections they need. ResponseSource reduces friction in the flow of information between trusted experts.

Together, the Access Intelligence Group provides technology and insights that power open and effective communication, strengthening brand reputation and improving marketing engagement by transforming relationships between business, media, government and the public.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Mark Fautley
2.	Reason for the notification
a)	Position/status:	Chief Financial Officer
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Access Intelligence plc
b)	LEI:	213800PPZ4ZM8OMHGT41
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Ordinary shares of 5 pence each ("Ordinary Shares") GB00BGQVB052
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 120p 8,333
d)	Aggregated information: · Aggregated volume: · Price:	As above
e)	Date of the transaction:	20 August 2021
f)	Place of the transaction:	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Christopher Satterthwaite
2.	Reason for the notification
a)	Position/status:	Non-Executive Chairman
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Access Intelligence plc
b)	LEI:	213800PPZ4ZM8OMHGT41
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Ordinary shares of 5 pence each ("Ordinary Shares") GB00BGQVB052
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 120p 12,500
d)	Aggregated information: · Aggregated volume: · Price:	As above
e)	Date of the transaction:	20 August 2021
f)	Place of the transaction:	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Chris Pilling
2.	Reason for the notification
a)	Position/status:	Non-Executive Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Access Intelligence plc
b)	LEI:	213800PPZ4ZM8OMHGT41
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Ordinary shares of 5 pence each ("Ordinary Shares") GB00BGQVB052
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 120p 25,000
d)	Aggregated information: · Aggregated volume: · Price:	As above
e)	Date of the transaction:	20 August 2021
f)	Place of the transaction:	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Sarah Vawda
2.	Reason for the notification
a)	Position/status:	Non-Executive Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Access Intelligence plc
b)	LEI:	213800PPZ4ZM8OMHGT41
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Ordinary shares of 5 pence each ("Ordinary Shares") GB00BGQVB052
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 120p 16,666
d)	Aggregated information: · Aggregated volume: · Price:	As above
e)	Date of the transaction:	20 August 2021
f)	Place of the transaction:	London Stock Exchange, AIM Market (XLON)

 

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