WPP plc to acquire 87% of Press Index S.A

WPP plc  the global communications services group, and Press Index S.A., a media intelligence and monitoring business, announced today exclusive negotiations for the acquisition by WPP of shares representing 87% of the outstanding shares of Press Index from its founders as well as other sellers.

Provided this transaction completes, the purchaser would initiate an all-cash simplified tender offer (followed as the case may be by a squeeze-out procedure) to acquire the remaining outstanding shares of Press Index, in accordance with the General Regulation of the French Autorité des Marchés Financiers.

The price per share would be €6.81 in cash. This price would currently value Press Index at approximately €11.2 million total equity value.

UK, London & France, Paris

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