Posting of Circular
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GlobalData 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.
The acquisition is conditional on shareholder approval as it is a substantial property transaction for the purpose of s.190 of the Companies Act 2006.
A 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.
In 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.
The General Meeting will be held at John Carpenter House, 7 Carmelite Street, London, EC4Y 0BS on Wednesday 21 August at 10.00 a.m.
Full details and arrangements can be found on the Notice of General Meeting on the Company's website, www.globaldata.com.
All defined terms in this document are as set out in the circular, unless the context requires otherwise.
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