Brief: M&C Saatchi Says At Present Its Directors Unable To Recommend Next 15 Offer To Its Shareholders

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30/09/2022 17:45

Sept 30 (Reuters) - M&C Saatchi:
    * M&C SAATCHI PLC ADVANCEDADVT LIMITED  - LAPSE OF ADV OFFER
    * M&C SAATCHI PLC - CONTINUE TO RECOGNISE STRENGTH OF
STRATEGIC,
COMMERCIAL AND CULTURAL FIT OF NEXT 15 OFFER
    * M&C SAATCHI - NOTE ADV'S SECOND ANNOUNCEMENT OF 30 SEPT
THAT
ACCEPTANCE CONDITION OF ADV OFFER HAS NOT BEEN SATISFIED,
CONSEQUENTLY OFFER HAS LAPSED
    * M&C SAATCHI PLC - AT PRESENT M&C SAATCHI DIRECTORS UNABLE
TO
RECOMMEND NEXT 15 OFFER TO M&C SAATCHI SHAREHOLDERS DUE TO
CURRENT NEXT 15 SHARE PRICE

Source text for Eikon:  ID:nRSd4305Ba 
 ((Reuters.Briefs@thomsonreuters.com;))