Melorio plc

On 19 May 2010, the Boards of Melorio plc and Pearson plc announced they had reached agreement on the terms of a cash offer for the entire issued share capital of Melorio of 225p per share, valuing the equity of the business at £99.3m. The offer represented a premium of 31.2% to the closing price of 171.5p per Melorio share on 17 May 2010 (the date on which the offer period commenced).

Canaccord Genuity provided financial and strategic advice to Melorio in relation to the offer.