Business
Posting of Circular
Posting of Circular.
About this update from Globaldata Plc
[{"type":"text","content":"\n\n1 August 2024\n \n\nGlobalData Plc\n \nPosting of Circular\n \n \nGlobalData Plc ('GlobalData' or the 'Group') confirms that, as announced on 31 July 2024 in its Interim Statement for the half year ended 30 June 2024, it has entered into a conditional agreement to acquire the entire issued share capital of Business Trade Media International Limited reflecting an enterprise value of £10m subject to adjustment via a customary completion accounts mechanism.\n \nThe acquisition is conditional on shareholder approval as it is a substantial property transaction for the purpose of s.190 of the Companies Act 2006.\n \nA circular convening a general meeting for the purposes of obtaining shareholder approval for the acquisition is now available on the Company's website and will be posted today.\n \nIn the opinion of the Independent Directors, the acquisition and the passing of the resolution to be considered at the General Meeting are in the best interests of Shareholders as a whole.\n \nThe General Meeting will be held at John Carpenter House, 7 Carmelite Street, London, EC4Y 0BS on Wednesday 21 August at 10.00 a.m.\n \nFull details and arrangements can be found on the Notice of General Meeting on the Company's website, www.globaldata.com.\n \nAll defined terms in this document are as set out in the circular, unless the context requires otherwise.\n \n \nENQUIRIES\n \n\n\n\n\nGlobalData Plc\n\n\n\n\n\n\n\nMike Danson, Chief Executive Officer\n\n\n0207 936 6400\n\n\n\n\nGraham Lilley, Chief Financial Officer\n \n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJ.P. Morgan Cazenove (Nomad, Joint Broker)\n\n\n0203 493 8000\n\n\n\n\nBill Hutchings\n\n\n\n\n\n\n\nMose Adigun\n\n\n\n\n\n\n\n \n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting (Financial PR)\n\n\n0203 727 1000\n\n\n\n\nEdward Bridges\n\n\[email protected]\n\n\n\n\nDwight Burden\n\n\n\n\n\n\n\nEmma Hall\n\n\n\n\n\n\n\n \n \n\n","length":6754,"tagName":"div"}]