REG - S4 Capital PLC - Issue of Shares

S4 CapitalAnnouncement

12/05/2022 11:30

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RNS Number : 2913L  S4 Capital PLC  12 May 2022

12 May 2022

S4 Capital plc ("S(4)Capital" or the "Company")

Issue of Shares

On 26 July 2021, S(4)Capital plc (SFOR.L) announced a merger with Destined, an
Australian Salesforce specialist (the "Transaction"). Pursuant to the terms of
the Transaction, the Company has agreed to issue 620,951 ordinary shares of 25
pence each in the capital of the Company, credited as fully paid, as deferred
consideration to the sellers (the "Shares"). The Shares will be subject to a
restriction on sale until 13 May 2024.

An application has 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 13 May 2022.

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) 778 670 2526
 Robin O'Kelly
 Jane Glover

 

About S(4)Capital

S(4)Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising
and marketing services company, established by Sir Martin Sorrell in May 2018.

 

Its strategy is to build a purely digital advertising and marketing services
business for global, multinational, regional, local clients and
millennial-driven influencer brands. This will be achieved by integrating
leading businesses in three practice areas: Content, Data&digital media
and Technology services, along with an emphasis on "faster, better, cheaper"
executions in an always-on consumer-led environment, with a unitary structure.

 

Digital is by far the fastest-growing segment of the advertising market.
S(4)Capital estimates that in 2021 digital accounted for over 60% (for the
first time) or $400-450 billion of total global advertising spend of $680-700
billion (excluding over $500 billion of trade promotion marketing, the primary
target of the Amazon advertising platform) and projects that by 2025 total
global advertising spend will expand to $975 billion and digital's share will
grow to approximately 70%, accelerated by the impact of covid-19. In fact 97%
of the projected growth in Advertising spend between 2021 and 2025 will come
from Digital. Global spend on Digital Transformation (the primary addressable
market for Technology Services) is growing at 21% CAGR and projected to be
$879bn by 2025.

 

In 2018, S(4)Capital combined with MediaMonks, the leading AdAge A-listed
creative digital content production company led by Victor Knaap and Wesley ter
Haar, and then with MightyHive, the market-leading digital media solutions
provider for future thinking marketers and agencies, led by Peter Kim and
Christopher S. Martin.

 

Since then, MediaMonks and MightyHive combined with more than 25 companies
across Content, Data&digital media and Technology services. For a full
list, please see the S(4)Capital website.

 

In August 2021, S(4)Capital launched its unitary brand by merging MediaMonks
and MightyHive into Media.Monks, represented by a dynamic logo mark that
features MightyHive's iconic hexagon. As the operational brand, Media.Monks
underpins S(4)Capital's agility, digital knowledge and efficiency and is the
next step in delivering on its foundational promise to unify Content,
Data&digital media and Technology services.

 

Victor Knaap, Wesley ter Haar, Pete Kim, Christopher Martin, Mary Basterfield
and Scott Spirit all joined the S(4)Capital Board as Executive Directors. The
S(4)Capital Board also includes Rupert Faure Walker, Paul Roy, Daniel Pinto,
Sue Prevezer, Elizabeth Buchanan, Naoko Okumoto, Margaret Ma Connolly, Miles
Young and Peter Rademaker.

 

The Company now has over 8,400 people in 33 countries across the Americas,
Europe, the Middle East and Africa and Asia-Pacific and a current market
capitalisation of approximately £1.55 billion (c.$1.91 billion) and would
rank in the FTSE 200. It achieved Unicorn status in a little over one year,
unique in the advertising and marketing services industry. 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. Today its
market capitalisation is £11.26 billion, dropping into third place behind
both Omnicom and Publicis for the first time ever. Prior to that Sir Martin
was Group Financial Director of Saatchi & Saatchi Company Plc for nine
years.

 

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