News

Panmure Liberum acts as Sole Financial Adviser, Rule 3 Adviser, Nomad and Broker to Dianomi on its Recommended Cash Offer by Taboola

18 September 2026 Firm News
Panmure Liberum acts as Sole Financial Adviser, Rule 3 Adviser, Nomad and Broker to Dianomi on its Recommended Cash Offer by Taboola

We are pleased to announce that Panmure Liberum is acting for Dianomi plc ("Dianomi"), on the Recommended Cash Offer of 64p per share plus a Contingent Consideration Unit ("CCU") from Taboola Europe Limited ("Bidco"), a wholly owned subsidiary of Taboola.com Ltd ("Taboola")

Dianomi is a leading provider of digital advertising services to premium clients in the business, finance and lifestyle sectors. Operating from London, New York and Sydney, Dianomi connects premium advertisers, including Charles Schwab, Invesco and Bank of America, with access to large, high-intent audiences of over 400 million devices per month through partnerships with more than 250 premium publishers, including Reuters, CNN Business, The Times and the WSJ.

Taboola works with thousands of businesses who advertise directly on Realize, Taboola’s ad platform, reaching over 600 million daily active users across publishers like NBC News and Yahoo, and OEMs such as Samsung, Xiaomi and others.

The Cash Consideration of 64p values Dianomi's entire issued and to be issued share capital at approximately £19 million and represents a premium of approximately 68% to the closing price of 38p per share on 17 September 2026, being the last practicable date prior to the announcement and a 350% premium to the six month volume weighted average share price. The Maximum Consideration, which assumes full value is delivered by the CCUs, values Dianomi at up to approximately £27 million. There is no certainty that any amount will become payable under the CCUs.

Bidco has received irrevocable undertakings to vote in favour of the Acquisition in respect of Dianomi shares, representing approximately 75.3% of the issued share capital of Dianomi.

Panmure Liberum has worked alongside the company for over 5 years since IPO.

Panmure Liberum is acting as Financial Adviser, Rule 3 Adviser, Nominated Adviser and Broker to Dianomi. The Acquisition is to be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006

Panmure Liberum Team

Investment Banking – Emma Earl, Zak Wadud, Abbas Shurmahi

M&A – Tim Medak, Euan Brown

Corporate Broking – Rupert Dearden

Research– Sean Kealy