Investor News

ASX ANNOUNCEMENT: Deferred consideration for sale of media trading business to be received in shares

ASX ANNOUNCEMENT: Deferred consideration for sale of media trading business to be received in shares

Pureprofile Limited (ASX: PPL or the Company) refers to the ASX announcement dated 4 October 2018 relating to the sale of its media trading business.

The Company advises that the purchaser has elected to pay the deferred consideration of $400,000 in Pureprofile shares, by way of a selective share buy-back, subject to approval at the Company’s upcoming AGM.

If the selective share buy-back is approved, the Company will receive and cancel 2,969,562 ordinary shares on issue.

The Company’s AGM will be held on 30 November 2018.

– 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.