Dianomi Releases Scheme Document for Acquisition by Taboola
Dianomi plc (LSE:DNM) has published its scheme document regarding the recommended acquisition by Taboola Europe Limited, a wholly-owned subsidiary of Taboola.com Ltd (NASDAQ:TBLA). The publication outlines the formal terms of the deal, following the initial takeover agreement announced by both boards on September 18, 2026.
The document provides investors with complete details on the transaction, which is being executed via a court-sanctioned scheme of arrangement. The directors of Dianomi, supported by independent financial advice from Panmure Liberum, unanimously recommend that shareholders vote in favor of the transaction. Board members holding roughly 10.44% of the company's issued ordinary shares have irrevocably committed to voting in favor.
Shareholders will formally vote on the deal during the Scheme Court Meeting and General Meeting on November 6, 2026, in London. If approved by shareholders, sanctioned by the court, and cleared by regulatory authorities including the Competition and Markets Authority, Dianomi will cancel the trading of its shares on the AIM market of the London Stock Exchange.
Key points
- Dianomi plc published the official scheme document for its proposed acquisition by Taboola Europe Limited.
- Dianomi directors unanimously recommend the acquisition, with 10.44% of shares irrevocably pledged to vote in favor.
- Shareholder voting meetings are scheduled for November 6, 2026, in London.
- Completion remains subject to shareholder approval, court sanction, and regulatory clearance from the Competition and Markets Authority.
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How we writeDisclaimerQuestions and answers
When will Dianomi shareholders vote on the Taboola acquisition?
Dianomi shareholders will vote at the Scheme Court Meeting and General Meeting on November 6, 2026, in London.
What approvals are required for Taboola to acquire Dianomi?
The transaction requires majority shareholder approval at both meetings, sanction by the court, and regulatory clearance, including approval from the Competition and Markets Authority.
What will happen to Dianomi shares after the acquisition completes?
Upon the scheme becoming effective, Dianomi will apply to cancel the admission of its ordinary shares to trading on AIM, and existing share certificates will cease to be valid.