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Settlement of Cohort Earn Out and OCP Requisition

26 March, 2018 

Posted at 1:30 pm 

by Pureprofile 

Pureprofile Limited (ASX: PPL or the Company) is pleased to advise that it has settled all outstanding matters with the vendors of the Cohort business.
Under the terms of settlement, the Company has paid to the Cohort vendors a full and final sum of $1 million for the remaining Cohort earn out consideration. In consultation with OCP Shelf 2 Pty Ltd (OCP), the Board will also look to appoint an additional director and the request by OCP to convene a shareholders meeting (announced to the ASX on 6 March 2018) has been withdrawn.
This brings to a conclusion all matters in relation to the Cohort acquisition.

-ENDS-

For further information, please contact:

George Kopsiaftis

IR Department
george.kopsiaftis@irdepartment.com.au
+61 409 392 687

About Pureprofile

Pureprofile’s vision is to deliver more value from the world’s information.

We are a global data and insights organisation providing industry-leading online research solutions to agencies, marketers, researchers and brands & businesses.

Our research delivers rich insights into real human behaviour and provides the “Why” behind the “What” through our unique ResTech and SaaS solutions.

We build in-depth profiles of consumers via our proprietary and partner panels and give businesses the ability to understand, target, and ultimately engage with their audiences.

The Company, founded in 2000 and based in Surry Hills, Australia, now operates in North America, Europe and APAC and has delivered solutions for over 850 clients.

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