Completion of Tender Offer and Total Voting Rights at Ascential PLC

Ascential PLC has confirmed the completion of its Tender Offer, which saw the acquisition and cancellation of 95,238,033 Existing Ascential Shares. The company purchased these shares from BofA Securities at a price of 315 pence per share. Shareholders who qualify will receive proceeds credited to their CREST accounts on 15 May 2024 or as a cheque on 17 May 2024. Following the completion of the Tender Offer, Ascential's issued share capital consists of 350,563,948 Existing Ascential Shares, all carrying voting rights.

Ascential also announced its upcoming Share Consolidation, where existing shares will be consolidated into a certain number of New Ascential Shares. The consolidation ratio will be 10 New Ascential Shares for every 17 Existing Ascential Shares. Additionally, the company intends to issue 5 Existing Ascential Shares to one of its employee benefit trusts to ensure a whole number of New Ascential Shares is created. The Share Consolidation will be effective from 20 May 2024.

As a result of these changes, the total number of voting rights attaching to Existing Ascential Shares is 350,563,948. Shareholders will be able to use this figure for the calculations required under the Disclosure Guidance and Transparency Rules. Following the Share Consolidation, the total number of shares that may be used for these calculations will be 206,214,090.

BofA Securities, Deutsche Numis, and J.P. Morgan Cazenove are acting as joint financial advisers to Ascential in connection with the Return of Value, while Slaughter and May is acting as the company's legal adviser.

Ascential is a global company serving a customer base from over 100 countries in the Marketing and Financial Technology sectors. It is listed on the London Stock Exchange (LON: ASCL). Further information about Ascential is available on its website.

The information contained in the announcement is not for release, publication, or distribution in or into restricted jurisdictions. The definitions of various terms used in the announcement have also been provided for clarity.