REG - AdvancedAdvT Limited M&C Saatchi PLC - No intention to make an offer for M&C Saatchi plc

M&C SaatchiAnnouncement

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RNS Number : 8362V  AdvancedAdvT Limited  09 March 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE
A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

 

THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS
AND MERGERS (THE "CODE").

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

 

FOR IMMEDIATE RELEASE

 

9 March 2026

AdvancedAdvT Limited

 

Statement of intention not to make an offer for M&C Saatchi plc

 

The Board of AdvancedAdvT Limited (AIM: ADVT) (the "Company") announces that
Vin Murria, Chairperson, has been appointed to the board of M&C Saatchi
plc ("M&C Saatchi") as non-executive deputy chair, and that it does not
intend to make an offer for M&C Saatchi.

 

Accordingly, except with the consent of the Panel on Takeovers and Mergers
(the "Takeover Panel"), ADVT and any person acting in concert with ADVT
(including Vin Murria who is considered as a person acting in concert with
ADVT), is bound by the restrictions under Rule 2.8 of the Code.

 

Under Note 2 on Rule 2.8 of the Code, AdvT, and any person acting in concert
with AdvT (including Vin Murria who is considered as a person acting in
concert with ADVT), reserves the right to set aside the restrictions in Rule
2.8 of the Code in the following circumstances:

 

i)    with the agreement or recommendation of the board of M&C Saatchi;

 

ii)    following the announcement of a firm intention to make an offer for
M&C Saatchi, by or on behalf of a third party;

 

iii)   following the announcement by M&C Saatchi of a Rule 9 waiver
proposal (as described in Note 1 of the Notes on Dispensations from Rule 9) or
a reverse takeover (as defined in the Code); and/or

 

iv)   if there has been a material change of circumstances (as determined by
the Takeover Panel).

 

As at 6 March 2026, Vin Murria held 14,437,452 ordinary shares in M&C
Saatchi (being 11.8% of M&C Saatchi's issued share capital), Vin Murria is
also Chairperson and a substantial shareholder in AdvT. AdvT holds 12,000,000
ordinary shares in M&C Saatchi (being 9.8% of M&C Saatchi's issued
share capital).

 

Enquiries:

 AdvancedAdvT Limited
 Vin Murria, Chairperson

 Gavin Hugill, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Broker)  Tel: 020 7496 3000
 Philip Davies / James Fischer

 KK Advisory (Investor Relations)                       Tel: 020 7039 1901
 Kam Bansil

 

 

AdvancedAdvT Limited (AdvT) provides software solutions and platforms across
two business transformational areas: business solutions & healthcare
compliance, and human capital management.

 

AdvT is an agent for change. The Group enables the delivery of Artificial
Intelligence ("AI"), data analytics and business intelligence, all of which
are key future drivers for growth in these sectors where long term
digitisation trends are set to transform the workplace for professionals.

 

AdvT is developing both organically and through acquisitions, by expanding its
presence across adjacent markets, geographical boundaries and digital sectors.

 

 

 

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