**Summary**
GlobalData Plc, a leading data, insight, and technology company, has announced a proposed return of capital to shareholders through a tender offer. The company plans to return up to £60 million by purchasing up to 40,000,000 shares at £1.50 per share. This tender offer represents a premium of approximately 5.1% to the closing mid-market price on the la<mark style="background-color:yellow">test</mark> practicable date.
**Key Points**
1. **Tender Offer Details**
**Amount** Up to £60 million.
**Shares:** Up to 40000000 shares.
**Price** £1.50 per share.
**Premium** Approximately 5.1% over the closing mid-market price on 4 August 2025.
**Opening Date** 5 August 2025.
**Closing Date** 5 September 2025 (1:00 p.m.).
2. **Eligibility and Participation**
**Qualifying Shareholders** Shareholders on the register at 6:00 p.m. on 5 September 2025, excluding those in restricted jurisdictions and non-qualifying US shareholders.
**Guaranteed Entitlement** Up to 4.95% of each shareholders holding can be purchased without scaling down.
**Additional Tenders** Additional tenders beyond the guaranteed entitlement will be satisfied on a pro-rata basis if other shareholders tender less than their entitlement.
3. **Conditions and Approval**
**General Meeting** A general meeting will be held on 29 August 2025 at 12:00 p.m. to approve the tender offer.
**Conditions** The tender offer is subject to shareholder approval and other conditions, including a minimum tender of 8,065,341 shares.
4. **Implementation and Settlement**
**Tender Offer Brokers** Panmure Liberum and Investec will handle the purchase of shares.
**Settlement** Expected to occur on 10 September 2025, with proceeds distributed by 22 September 2025.
5. **Board Recommendation**
The board unanimously recommends shareholders vote in favor of the resolution at the general meeting, as it believes the tender offer is in the best interests of shareholders.
6. **Tax Considerations**
Shareholders should consider tax implications and consult independent advisers.
7. **Timetable**
**Circular Publication** 5 August 2025.
**Tender Offer Opens** 5 August 2025.
**General Meeting** 29 August 2025.
**Tender Offer Closes** 5 September 2025 (1:00 p.m.).
**Results Announcement** 8 September 2025.
**Unconditional Date** 9 September 2025.
**Purchase of Shares** 10 September 2025.
**Proceeds Distribution** By 22 September 2025.
8. **Directors Intentions**
Mike Danson has not decided on participation.
Peter Harkness intends to tender 5.6% of his holding.
9. **Important Notices**
The announcement does not constitute an offer or invitation to purchase shares.
Shareholders should rely only on the information in the circular.
Overseas shareholders must comply with local laws and regulations.
This tender offer provides shareholders with the option to reduce their holdings at a premium, while those who wish to retain their investment are not obligated to participate. The process is subject to shareholder approval and various conditions, with a detailed timetable provided for key events.