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Statement re. CMA publication

28 May 2015 13:30

RNS Number : 5315O
Access Intelligence PLC
28 May 2015
 

 

 

FOR RELEASE

28 May 2015

 

 

ACCESS INTELLIGENCE PLC

("Access Intelligence" or "the Group")

 

Statement regarding publication by the UK Competition and Markets Authority

 

 

Access Intelligence plc (AIM: ACC), a leading supplier of Software-as-a-Service (SaaS) solutions for the full life cycle management of a company's governance, risk and compliance, notes the recent publication by the UK Competition and Markets Authority ("CMA") in relation to the proposed acquisition of the UK and Irish businesses of Cision UK Limited and Vocus UK Limited (collectively the "Business") by two parties including the Group.

 

The Group can confirm that they are in discussions regarding a proposed acquisition of the Business and have submitted a conditional offer to acquire assets within the Business. The Group is also carefully considering the CMA's announcement, together with the full details behind it and will make a further announcement in due course.

 

Further information on the CMA's review regarding the disposal of the Business is available at https://www.gov.uk/government/news/cma-consults-on-gtcr-proposed-undertaking.

 

For further information:

Access Intelligence plc

0843 659 2940

Michael Jackson (Non-Executive Chairman)

Joanna Arnold (CEO)

Sanlam Securities UK Limited (Nominated Adviser & Broker)

020 7628 2200

Simon Clements

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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