REG - S4 Capital PLC - Director/PDMR Shareholding

S4 CapitalAnnouncement

14/10/2020 14:10

RNS Number : 0988C
  
S4 Capital PLC
  
14 October 2020
  
 

14 October 2020
S4 CAPITAL PLC
("S4 Capital" or the "Company")
 
Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs") 
 
As reported in the Company's Annual Report and Accounts 2019, in light of the Covid-19 outbreak, the Company's Nomination and Remuneration Committee agreed with the Company's management that bonuses due to them for the financial year 2019 that would normally be paid in cash, would instead be satisfied by the Company by the delivery of shares in the Company (the "Bonus Shares Arrangement"). 
The Company therefore announces that on 9 October 2020 the following named PDMRs or persons closely associated with such PDMRs ("PCAs") acquired the following ordinary shares of £0.25 each in the Company ("Shares") in connection with the Bonus Shares Arrangement.
The number of Shares acquired was in each case calculated based on the amount of the bonus that would otherwise have been paid in cash and the closing share price of the Company on 20 April 2020, being 183.5 pence per share. The Shares were sourced from the Company's employee benefit trust and therefore no new Shares were issued in connection with the Bonus Shares Arrangement.
 



PDMR/PCA


Position


Shares acquired


Total beneficial holding after transfer




Sir Martin Sorrell


Executive Director


46,321


54,609,5941
 




 Oro en Fools B.V.
 


PCA of executive directors Victor Knaap and Wesley ter Haar


92,132


35,092,132




Peter Rademaker


Executive Director


89,103


957,644




Scott Spirit


Executive Director


70,639


236,789



1Including the holding through J.M.S. Financial Services Limited (an investment vehicle of Sir Martin Sorrell).
In order to pay the tax due on the Bonus Shares Arrangement, Sir Martin Sorrell sold 20,900 Shares.  A corresponding number of Share were on the same day acquired by his ISA, such that his interest remains 51,864,861 Shares.  
The Notification of Dealing Form(s) for each PDMR can be found below. These notifications are made in accordance with the Market Abuse Regulation.
 



1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 



Sir Martin Sorrell




2


Reason for the notification
 




a)


Position/status
 


Executive director




b)


Initial notification/ Amendment
 


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


S4 Capital plc




b)


LEI
 


LEI 21380068SP9V65KPQN68




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 




a)


Description of the financial instrument, type of instrument
 
Identification code


Ordinary shares of 25 pence each
 
 
 
 
GB00BFZZM640




b)


Nature of the transaction
 


Share transfer
 
 
 




c)


Price(s) and volume(s)
 


 



Price(s)


Volume(s)




 
£0.00
 


 
46,321



 
 
 




d)


Aggregated information
 
-   Aggregated volume
 
-    Price
 
 





Aggregate Price


Aggregate Volume


Aggregate Total




 
£0.00
 


 
46,321


 
£0.00








e)


Date of the transaction
 


9 October 2020




f)


Place of the transaction
 


OUTSIDE A TRADING VENUE



 




 



1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 


Oro en Fools B.V.




2


Reason for the notification
 




a)


Position/status
 


PCA of executive directors Victor Knaap and Wesley ter Haar




b)


Initial notification/ Amendment
 


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


S4 Capital plc




b)


LEI
 


LEI 21380068SP9V65KPQN68




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 




a)


Description of the financial instrument, type of instrument
 
Identification code


Ordinary shares of 25 pence each
 
 
 
 
GB00BFZZM640




b)


Nature of the transaction
 


Share transfer
 
 
 




c)


Price(s) and volume(s)
 


 



Price(s)


Volume(s)




 
£0.00
 


 
92,132



 
 
 




d)


Aggregated information
 
-   Aggregated volume
 
-    Price
 
 


 
 



Aggregate Price


Aggregate Volume


Aggregate Total




 
£0.00
 


 
92,132


 
£0.00








e)


Date of the transaction
 


9 October 2020




f)


Place of the transaction
 


OUTSIDE A TRADING VENUE



 
 
 




 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 


Peter Rademaker




2


Reason for the notification
 




a)


Position/status
 


Executive Director




b)


Initial notification/ Amendment
 


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


S4 Capital plc




b)


LEI
 


LEI 21380068SP9V65KPQN68




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 




a)


Description of the financial instrument, type of instrument
 
Identification code


Ordinary shares of 25 pence each
 
 
 
 
GB00BFZZM640




b)


Nature of the transaction
 


Share transfer
 
 
 




c)


Price(s) and volume(s)
 


 



Price(s)


Volume(s)




 
£0.00
 


 
89,103



 
 
 




d)


Aggregated information
 
-   Aggregated volume
 
-    Price
 
 


 
 
 



Aggregate Price


Aggregate Volume


Aggregate Total




 
£0.00
 


 
89,103


 
£0.00








e)


Date of the transaction
 


9 October 2020




f)


Place of the transaction
 


OUTSIDE A TRADING VENUE



 
 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 


Scott Spirit




2


Reason for the notification
 




a)


Position/status
 


Executive director




b)


Initial notification/ Amendment
 


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


S4 Capital plc




b)


LEI
 


LEI 21380068SP9V65KPQN68




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 




a)


Description of the financial instrument, type of instrument
 
Identification code


Ordinary shares of 25 pence each
 
 
 
 
GB00BFZZM640




b)


Nature of the transaction
 


Share transfer
 
 
 




c)


Price(s) and volume(s)
 


 



Price(s)


Volume(s)




 
£0.00
 


 
70,639



 
 
 




d)


Aggregated information
 
-   Aggregated volume
 
-    Price
 
 


 
 
 



Aggregate Price


Aggregate Volume


Aggregate Total




 
£0.00
 


 
70,639


 
£0.00








e)


Date of the transaction
 


9 October 2020




f)


Place of the transaction
 


OUTSIDE A TRADING VENUE



 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 



Sir Martin Sorrell




2


Reason for the notification
 




a)


Position/status
 


Executive director




b)


Initial notification/ Amendment
 


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


S4 Capital plc




b)


LEI
 


LEI 21380068SP9V65KPQN68




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 




a)


Description of the financial instrument, type of instrument
 
Identification code


Ordinary shares of 25 pence each
 
 
 
 
GB00BFZZM640




b)


Nature of the transaction
 


20,900 shares sold to cover tax (but see below)
 
 
 




c)


Price(s) and volume(s)
 


 



Price(s)


Volume(s)




 
£3.90200
 


 
20,900



 
 
 




d)


Aggregated information
 
-   Aggregated volume
 
-    Price
 
 





Aggregate Price


Aggregate Volume


Aggregate Total




 
£3.90200
 


 
20,900


 
£81,143.05








e)


Date of the transaction
 


9 October 2020




f)


Place of the transaction
 


OUTSIDE A TRADING VENUE



 
 



1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 



Sir Martin Sorrell




2


Reason for the notification
 




a)


Position/status
 


Executive director




b)


Initial notification/ Amendment
 


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


S4 Capital plc




b)


LEI
 


LEI 21380068SP9V65KPQN68




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 




a)


Description of the financial instrument, type of instrument
 
Identification code


Ordinary shares of 25 pence each
 
 
 
 
GB00BFZZM640




b)


Nature of the transaction
 


Share acquisition (re-acquiring the shares referred to above)
 
 
 




c)


Price(s) and volume(s)
 


 



Price(s)


Volume(s)




 
£3.9325


 
20,900



 
 
 




d)


Aggregated information
 
-   Aggregated volume
 
-    Price
 
 





Aggregate Price


Aggregate Volume


Aggregate Total




 
£3.9325


 
20,900


 
£83,012.14








e)


Date of the transaction
 


9 October 2020




f)


Place of the transaction
 


OUTSIDE A TRADING VENUE



 
 



S4 Capital plc
 Sir Martin Sorrell (Executive Chairman)


Tel: +44 (0)20 3793 0003




Powerscourt (PR Adviser to S4 Capital plc)

Elly Williamson

Jessica Hodgson


Tel: +44 (0)7970 246 725



 
Sir Martin Sorrell, Executive Chairman

S4 Capital plc, 12 St James's Place, London SW1A 1NX

LEI 21380068SP9V65KPQN68
 

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