REG - M&C Saatchi PLC - Board changes

M&C SaatchiAnnouncement

27/09/2024 07:00

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RNS Number : 8953F  M&C Saatchi PLC  27 September 2024

27 September 2024

M&C SAATCHI PLC

(the "Company" or "M&C Saatchi")

Board changes

 

M&C Saatchi announces that Georgina Harvey will join the Company as a
Non-Executive Director to the board of M&C Saatchi (the "Board") on 1
October 2024. The Company also announces that Louise Jackson will step down
from her role as a Non-Executive Director to the Board at the Company's next
Annual General Meeting.

On her appointment to the Board, Georgina will join the Audit & Risk and
Nomination Committees and effective 1 January 2025, will become Chair of the
Company's Remuneration Committee.

Georgina is an experienced Non-Executive Director having held several
non-executive and senior independent director roles across a range of UK
listed companies. She  has extensive experience acting as Chair of the
Remuneration Committees on the boards that she currently or has previously
served on.

Georgina currently acts as a Senior Independent Director on the board of
Capita plc as well as Non-Executive Director on the board of Britvic plc,
where she also chairs the respective Remuneration Committees. She has also
previously served as Non-Executive Director of Superdry plc, McColl's Retail
Group plc, Big Yellow Group plc and William Hill plc.

Georgina also brings many years of executive level experience in advertising
and media having previously been Managing Director, Regionals at Trinity
Mirror Group, Managing Director at Wallpaper Group, and Managing Director at
IPC Advertising.

Zillah Byng-Thorne, Non-Executive Chair, commented:

"The Board looks forward to welcoming Georgina and would like to thank Louise
for the advice and guidance she has provided to the Company since she joined
the Board in March 2020."

Georgina Harvey, incoming Non-Executive Director, commented:

"M&C Saatchi is going through an exciting period of transformation. I am
looking forward to joining the Board and contributing towards M&C
Saatchi's ongoing development and success over the coming years."

Further information

 M&C Saatchi                                           +44 (0)20-7543-4500
 Zillah Byng-Thorne, Non-Executive Chair

 Zaid Al-Qassab, Chief Executive Officer
 Tom Fahey, Investor Relations
                                                       +44 (0)20 3805 4822

 Headland Consultancy
 Rob Walker, Charlie Twigg, Tan Siddique

 mcsaatchi@headlandconsultancy.com
                                                       +44 (0)20-3100-2000

 Panmure Liberum- Nominated Adviser and Joint Broker
 Max Jones, Edward Mansfield, Will King
                                                       +44 (0)20-7260-1000

 Deutsche Numis - Joint broker
 Nick Westlake, Iqra Amin

 

About M&C Saatchi

M&C Saatchi is a creative solutions company with specialist expertise and
creativity in helping our clients grow by maximising the reach and potential
of their brands. It does this through its regional-first operating model with
five core specialisms - Advertising, Issues, Passions, Consulting and Media -
which it leverages in an integrated go-to-market approach. It has significant
global reach, with major hubs in the UK, Europe, Middle East, APAC and the
Americas and supported by global shared services.

M&C Saatchi is headquartered in London and listed on the FTSE AIM index of
the London Stock Exchange.

 

Disclosure under Schedule 2 (g) of the AIM Rules for Companies

In accordance with Schedule 2 (g) of the AIM Rules for Companies, Georgina
Harvey (aged 60 years) holds/has held the following directorships/partnerships
in the last five years:

 Current directorships/partnerships  Previous directorships/partnerships (last five years)
 Britvic plc                         Superdry plc
 McColl's Retail Group plc((1))      Big Yellow Group plc
 Capita plc                          William Hill Limited

 

(1)  McColl's Retail Group plc ("McColl's") entered into administration in
May 2022 with the administrator arranging for a sale of McColl's business and
assets to Alliance Property Holdings Limited, part of the Morrisons Group.
Consideration for the sale of McColl's business and assets, which completed in
May 2022, was £182 million with a further £8 million included to pay
unsecured creditors. Administration remains in progress with unsecured
creditors following the sale amounting to £45 million.

Georgina holds no ordinary shares or options over ordinary shares in the
Company.

There are no further disclosures to be made under Schedule 2(g) of the AIM
Rules for Companies.

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