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ASX ANNOUNCEMENT: Settlement of Cohort Earn Out and OCP Requisition

ASX ANNOUNCEMENT: Settlement of Cohort Earn Out and OCP Requisition

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director and the request by OCP to convene a shareholders meeting (announced to the ASX on 6 March 2018) has been withdrawn.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 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.