REG - M&C Saatchi PLC - Launch of Share Buyback Programme

M&C SaatchiAnnouncement

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RNS Number : 8379V  M&C Saatchi PLC  09 March 2026

9 March 2026

M&C SAATCHI PLC

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

Launch of Share Buyback Programme

M&C Saatchi today announces the commencement of a share buyback programme
(the "Share Buyback Programme") to purchase ordinary shares of £0.01 each in
the capital of the Company (the "Ordinary Shares") up to a limit of either:
(a) a maximum aggregate consideration (exclusive of any applicable taxes,
commission and expense) of £4.5 million paid pursuant to the Share Buyback
Programme; or (b) a maximum aggregate number of 12,225,746 Ordinary Shares
(or, if following the Company's annual general meeting in 2026 (the "2026
AGM") the general authority for the Company to make market purchases of its
own Ordinary Shares has been renewed, such number of Ordinary Shares as is
authorised for market repurchases at the 2026 AGM) (the first such limit to be
reached being the "Maximum Amount").

As announced in its trading update on 24 November 2025, the Company believes
that its strong balance sheet provides the opportunity to repurchase shares
given the current market position. The Share Buyback Programme is in line with
the Company's capital allocation policy.

The Company has entered into an agreement with its broker Panmure Liberum
Limited ("Panmure Liberum") to carry out purchases of its Ordinary Shares
under the Share Buyback Programme on its behalf, acting as "riskless" or
"matched" principal. Panmure Liberum will manage the purchases on a
discretionary basis, purchasing Ordinary Shares on the London Stock Exchange
within certain pre-set parameters over the Share Buyback Programme up to the
Maximum Amount.

In line with the authority given at the Company's Annual General Meeting held
on 15 May 2025 ("2025 AGM"), the maximum price (exclusive of expenses) which
may be paid for an Ordinary Share shall not be more than the higher of: (i) an
amount equal to 105% of the average of the closing middle market price for an
Ordinary Share, as derived from the AIM Appendix to the London Stock Exchange
Daily Official List, for the five business days immediately preceding the day
on which the Ordinary Share is purchased; and (ii) an amount equal to the
higher of the price of the last independent trade of an Ordinary Share and the
highest current independent bid for an Ordinary Share as derived from the
trading venue where the purchase is carried out. The minimum price per
Ordinary Share shall be £0.01 (being the nominal value). Any Ordinary Shares
acquired as a result of the Share Buyback Programme will be cancelled.

Shareholders should be aware that due to the limited liquidity in the Ordinary
Shares, the Share Buyback Programme may on any given trading day represent a
significant portion of the daily traded volume in the Company's Ordinary
Shares on the London Stock Exchange, and may exceed 25% of the average daily
traded volume on the London Stock Exchange. Accordingly, the Company may not
benefit from the exemption contained in Article 5(1) of MAR.

The Company has authorised the Share Buyback Programme to commence from today.
The Share Buyback Programme will terminate on the earliest of: (i) the date on
which the Maximum Amount has been reached, (ii) the conclusion of the
Company's 2026 AGM, if the general authority for the Company to make market
purchases of its own Ordinary Shares is not renewed at the 2026 AGM; and (iii)
15 September 2026.

Any market purchase of Ordinary Shares pursuant to the Share Buyback Programme
will be announced no later than 7:30am (UK time) on the business day following
the day on which the purchase occurred.

The Company confirms that it currently has no inside information.

The person responsible for arranging the release of this announcement on
behalf of the Company is Victoria Clarke (Group General Counsel & Company
Secretary).

FURTHER INFORMATION

 M&C Saatchi                                           +44 (0)20-7543-4500
 Simon Fuller, Chief Financial Officer
 Thomas Fahey, Head of Investor Relations
 Headland Consultancy                                  +44 (0)20-3805-4822
 Rob Walker / Charlie Twigg / James Waters

 MCSaatchi@headlandconsultancy.com
 Panmure Liberum - Nominated adviser and joint broker  +44 (0)20-3100-2000
 Edward Mansfield, Will King, Gaya Bhatt

 Deutsche Numis - Joint broker                         +44 (0)20-7260-1000
 Nick Westlake, Iqra Amin

 

About M&C Saatchi: M&C Saatchi is a creative solutions company with
specialist expertise and creativity in helping its 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 & PR, 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 is supported by
global shared services.  M&C Saatchi is headquartered in London and
listed on the FTSE AIM index of the London Stock Exchange.

 

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