Isentia is pleased to announce that Isentia shareholders have voted in favour of the scheme of arrangement under which Access Intelligence plc will acquire all of the Isentia shares that it does not already own.
81.45 of Isentia shareholders voted in favour of the takeover via Isentia’s online meeting platform or by proxy, while 91.96 per cent of the total number of votes cast were in favour.
Isentia’s chairman, Doug Snedden, said, “The Board is delighted that shareholders overwhelming supported the proposal from Access Intelligence.”
“Combining Access and Isentia will create a global media monitoring business that will benefit from greater scale, a diverse and competitive product offering and greater geographic reach, bringing benefits to all clients.”
Isentia’s chief executive, Ed Harrison (pictured) said, “We are looking forward to working directly with Access Intelligence’s senior executives to combine the businesses.”
“We will continue to invest in our existing portfolio of products including the imminent launch of the new Isentia platform and completion of the move to real-time broadcast. Additionally, we will have their powerful social media platform, Pulsar, to offer clients and we believe there will be increased opportunities to develop new technologies.”
Access Intelligence chief executive Joanna Arnold will relocate to Australia later this month.
In the initial phase of the integration each business will operate independently with a team of Access Intelligence’s senior executives working directly with Isentia’s management team to combine the businesses.
