Ebiquity Regulatory News (EBQ)

Ebiquity plc

(the "Company" or "Ebiquity")

19 November 2024

Appointment of Chief Executive Officer

Ebiquity plc, a world leader in media investment analysis, announces the appointment of Ruben Schreurs as a director and the Group's Chief Executive Officer, effective immediately. Ruben's appointment marks the logical next step in the Group's strategic journey to become a tech-enabled and scalable business, driving profitable growth and improving client experience and shareholder value. 

Ruben Schreurs was previously the Company's Chief Strategy Officer and Chief Product Officer, having joined the Group in 2020 following the acquisition of Digital Decisions, of which he was founder. Ruben has been a key player in the expansion of Ebiquity's product offering and the transformation of its business, positioning the Company as a leader in media intelligence and advisory services

The appointment follows the resignation of Nick Waters who has stepped down from the Board with immediate effect. Nick is leaving to pursue other career opportunities, returning to the agency sector. He will remain with the business as Global President until 31 January 2025 to ensure a smooth transition and handover to Ruben.

At the date of this announcement, Ruben Schreurs holds around 7.01% of the Company's voting rights.

Rob Woodward, Chair, commented:

"The Board is delighted to appoint Ruben Schreurs as CEO of Ebiquity plc. Ruben's entrepreneurial background, strategic insight and commitment to client success make him ideally suited to lead the next phase of Ebiquity's development as we strengthen our strategic focus and expand in emerging media areas.

The Board thanks Nick Waters for his commitment and leadership during the last four years. Nick has led the business during a period of transformation which Ruben will continue. We wish Nick well for the future."

Ruben Schreurs, Group CEO, said:

"It is a great privilege to be appointed to the role of Group CEO at Ebiquity. We are on the cusp of transformative growth opportunities in our core markets and in emerging media channels. I look forward to working with our trusted partners and our talented global team to further scale our solutions, deepen our client relationships and ensure Ebiquity thrives as a world leader in media investment analysis."

This announcement contains inside information.

Additional Information

In accordance with the AIM Rules, the following information required to be disclosed in relation to Ruben Schreurs is set out below. Other than this information, Ruben Schreurs has confirmed there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules.

Full Name:

Ruben Schreurs

Age:

33

Current beneficial shareholding in the Company:

9,604,381 ordinary shares

Current directorships:

Stichting Administratiekantoor Pinnacle Invest

Cosimo Capital BV

Previous directorships within the last 5 years:

Digital Decisions BV

 Enquiries: 

About Ebiquity plc

Ebiquity plc (LSE AIM: EBQ) is a world leader in media investment analysis. It harnesses the power of data to provide independent, fact-based advice, enabling brand owners to perfect media investment decisions and improve business outcomes. Ebiquity is able to provide independent, unbiased advice and solutions to brands because we have no commercial interest in any part of the media supply chain.

We are a data-driven solutions company helping brand owners drive efficiency and effectiveness from their media spend, eliminating wastage and creating value. We provide analysis and solutions through four Service Lines: Media management, Media performance, Marketing effectiveness and Contract Compliance.

Ebiquity's clients are served by more than 600 media specialists, covering 80% of the global advertising market.

The Company has the most comprehensive, independent view of today's global media market, analysing over US$100bn of media spend and contract value from over 110 countries annually, including trillions of digital media impressions.

As a result, over 70 of the world's top 100 advertisers today choose Ebiquity as their trusted independent media advisor.

For further information, please visit: www.ebiquity.com