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RNS Number : 2547U S4 Capital PLC 28 June 2024
28 June 2024
S4 Capital plc ("S(4)Capital" or the "Company")
Issue of Shares
On 1 July 2022, S(4)Capital plc (SFOR.L), announced a combination with social
media marketing agency XX Artists, expanding its capabilities and client base
in the core US market (the "Transaction"). Pursuant to the terms of the
Transaction, the Company has agreed to issue 3,284,212 ordinary shares of 25
pence each in the capital of the Company, credited as fully paid, as deferred
consideration to the sellers (the "Shares").
Applications have been made to the FCA and to the London Stock Exchange for
the Shares to be admitted to the standard segment of the Official List of the
FCA and to trading on the London Stock Exchange's Main Market for listed
securities respectively ("Admission"). It is expected that Admission will
become effective at 8.00 a.m. on 1 July 2024.
Enquiries:
S(4)Capital Tel: +44 (0)20 3793 0003
Sir Martin Sorrell (Executive Chairman)
Powerscourt (PR Adviser to S(4)Capital) Tel: +44 (0) 7970 246 725
Elly Williamson
Pete Lambie
About S(4)Capital
S(4)Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising,
marketing and technology services company, established by Sir Martin Sorrell
in May 2018.
Our strategy is to build a purely digital advertising and marketing services
business for global, multinational, regional, and local clients, and
millennial-driven influencer brands. This will be achieved by integrating
leading businesses in three practices: Content, Data&digital Media and
Technology Services, along with an emphasis on 'faster, better, cheaper, more'
execution in an always-on consumer-led environment, with a unitary structure.
The S(4)Capital Board includes Rupert Faure Walker, Daniel Pinto, Sue
Prevezer, Elizabeth Buchanan, Margaret Ma Connolly, Miles Young and Colin Day
as Non-Executive Directors.
The Company now has approximately 7,600 people in 32 countries with
approximately 80% of net revenue across the Americas, 15% across Europe, the
Middle East and Africa and 5% across Asia-Pacific. The longer-term objective
is a geographic split of 60%:20%:20%. Content currently accounts for
approximately 60% of net revenue, Data&digital Media 25% and Technology
Services 15%. The long-term objective for the practices is a split of
50%:25%:25%.
Sir Martin was CEO of WPP for 33 years, building it from a £1 million 'shell'
company in 1985 into the world's largest advertising and marketing services
company, with a market capitalisation of over £16 billion on the day he left.
Prior to that Sir Martin was Group Financial Director of Saatchi & Saatchi
Company Plc for nine years.
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