Lewis Silkin advises Publicis Groupe on strategic investment in Matomy, leading digital performance-based advertising group
13 October 2014
Lewis Silkin has advised Publicis Groupe, one of the largest communications groups in the world, on its strategic investment in Matomy Media Group Ltd., one of the world's leading digital performance-based advertising companies.
Lewis Silkin has advised Publicis Groupe, one of the largest communications groups in the world (and listed on Euronext Paris: FR0000130577 ), on its strategic investment in Matomy Media Group Ltd., one of the world's leading digital performance-based advertising companies (listed on the High Growth Segment of the London Stock Exchange’s Main Market).
Publicis Groupe has acquired 17,932,729 ordinary shares ("Ordinary Shares") from existing Matomy shareholders, representing 20% of Matomy's total issued share capital, at a price of 227 pence per share. In addition, Publicis Groupe has been granted an irrevocable option to acquire a further 4,393,517 Ordinary Shares from existing Matomy shareholders, representing 4.9% of Matomy's total issued share capital, also at a price of 227 pence per share.
This transaction was worked on by corporate colleagues Owen Watkins, on regulatory and other aspects, and Nicola Mallett.