NetBooster SA (ENXTPA:ALNBT) agreed to acquire Artefact on June 12, 2017. Under the terms of the deal, NetBooster will increase its share capital by 6.9 million shares against a contribution in kind of all the outstanding shares of Artefact, leading to a dilution of 26.4% for existing NetBooster shareholders. The new shares will consist of both ordinary shares and ADP1 and ADP2 Preference Shares. The ADP1 preference shares are subject to the achievement of certain objectives for FY2017 EBITDA for Artefact, with the maximum dilution then rising to 28.4%. The ADP 2 preference shares are subject to performance conditions. Artefact reported a turnover of €5 million in 2016. Once the transaction is consummated, Artefact’s founders will become one of the main shareholders of NetBooster Group and will be called upon to take on important management roles in the combined new business. Guillaume de Roquemaurel, President and Co-Founder of Artefact will become Chief Operating Officer and be in charge of deploying Artefact’s data offering across the whole of the group, Vincent Luciani, Managing Director and co-founder of Artefact, will become Managing Director of France and Philippe Rolet, Managing Director and co-founder of Artefact, will take on the role of Group Chief Technology Officer and will be in charge of the technical development teams. François de la Villardière will continue to exercise his current functions within the NetBooster Group, whilst the former Managing Director of France, Emmanuel Arendarczyk, will take on the role of Group SVP Global Clients. The proposed transaction has been approved by the Board of Directors of NetBooster and Artefact and will be submitted to NetBooster’s shareholders for approval at an Extraordinary Shareholders’ meeting to be held on July 27, 2017. Caroline Saslawsky and Morgane Le Rol of Idenium Premium Agency and Caroline Carmagnol and Wendy Rigal of Alize RP acted as public relations advisor to NetBooster. Rémi Montredon, Eve Castex, Christophe Guénard, Sandrine Cullaffroz-Jover, Matthieu Colling, Philip Dykstra, Pierre-Mikhaël Voyer and Martin Duberga of PwC Société d'Avocats acted as the legal advisor for NetBooster SA. Jean-Marc Desaché, Anya Hristova and D. Chambon of Kramer Levin, Raphaëlle d'Ornano, Thibault Snollaerts and Sonia Boulongne of Ornano & Associés and Philippe Raybaud and Elena Angelova of LPA-CGR Avocats acted as the legal advisor for Artefact. Guillaume Teboul and Philippe Backes of Cambon Partners acted as the financial advisor for Artefact. NetBooster SA (ENXTPA:ALNBT) completed the acquisition of Artefact on January 30, 2018. NetBooster SA issued 5.2 million new shares with a unit price of €3, including additional paid-in capital, for a total of €15.5 million. NetBooster SA will change its name to Artefact and its ticker will become ALATF.