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ASX ANNOUNCEMENT: Cohort Acquisition – Final Earn Out Payment

ASX ANNOUNCEMENT: Cohort Acquisition – Final Earn Out Payment

Pureprofile Limited (ASX: PPL or the Company) wishes to advise the Further Shares and Earn Out Consideration payable to the vendors of the Cohort acquisition, following the conclusion of the Earn Out Period on 30 June 2017.

The Company confirms the following:

  • PPL will issue 8,888,889 shares to the vendors at a share price of $0.45 per share. These shares will be escrowed until 6 May 2018; and
  • PPL will pay an amount of $4,590,317 cash to the vendors.

The Company also wishes to advise that it will deliver its FY2017 results presentation on 30 August 2017. Dial-in details will be provided shortly.

-ENDS-



For more information, please contact:

Nic Jones
Chief Executive Officer
Pureprofile Limited
nic@pureprofile.com
+61 2 9333 9700

Andrew Edwards
Non-Executive Chairman
Pureprofile Limited
aedwards@pureprofile.com
+61 2 9333 9700

About Pureprofile (ASX: PPL) Pureprofile Limited (ASX: PPL) connects brands with empowered consumers across the world by finding, understanding and engaging them through direct-to-consumer technology platforms. The Pureprofile group is now a global leader in data insights, programmatic media, big data, and quantitative research, as well as consumer lead generation through the recently acquired Cohort group. Pureprofile delivers next-generation marketing solutions for more than 700 brands, publishers and research groups worldwide.