Last checked at 17 Aug 2021 07:15
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.
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Access Intelligence PLC
("Access Intelligence", the "Company" or the "Group")
Results of Scheme Meeting
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 Isentia shareholders today approved, by the requisite majorities, the scheme of arrangement by which Access Intelligence will, subject to the satisfaction or waiver of certain conditions, acquire all of the ordinary shares in Isentia it does not already own.
Although Isentia shareholder approval has been obtained, the Scheme remains subject to a number of conditions as set out in the Scheme Implementation Deed (a full copy of which is disclosed within the Scheme Booklet, which is available on the ASX website at www.asx.com.au and on Isentia's website at www.isentia.com/scheme/), including:
· the independent expert continuing to conclude that the Scheme is in the best interests of shareholders;
· the satisfaction or waiver of any remaining conditions prior to the Second Court Hearing; and
· the Supreme Court of New South Wales approving the Scheme (Second Court Hearing).
Subject to these remaining conditions being satisfied or waived, implementation of the transaction is expected to occur early September 2021 (see indicative timetable below).
Second Court Hearing | 20 August 2021 |
Effective Date | 20 August 2021 |
Expected time and date of Fundraising Admission | 8.00 a.m. on 20 August 2021
|
CREST accounts credited with the Placing Shares and Subscription Shares (where applicable) | 8.00 a.m. on 20 August 2021
|
Dispatch of definitive share certificates for Placing Shares and Subscription Shares (where applicable) | Within 10 business days of Fundraising Admission
|
Expected date for Implementation of the Acquisition | 1 September 2021
|
Cancellation of trading on AIM of the Enlarged Share Capital | 7.00 a.m. on 2 September 2021
|
Re-Admission effective and dealings in the Enlarged Share capital commence on AIM | 8.00 a.m. on 2 September 2021 |
Save in relation to the Implementation of the Acquisition as set out above, each of the dates in the above timetable is subject to change at the absolute discretion of the Company and finnCap without further notice.
All times are London times unless otherwise stated.
Further announcements will be made accordingly.
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.