REG - S4 Capital PLC - Issue of Shares

S4 CapitalAnnouncement

12/07/2022 07:00

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RNS Number : 1411S  S4 Capital PLC  12 July 2022

12 July 2022

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

Issue of Shares

On 17 September 2021, S(4)Capital plc (SFOR.L) announced a merger with Zemoga,
a leading digital transformation services firm specialising in providing
product design, engineering and delivery services to enterprise clients across
multiple verticals (the "Zemoga Transaction"). Pursuant to the terms of the
Zemoga Transaction, the Company has agreed to issue 3,802,397 ordinary shares
of 25 pence each in the capital of the Company, credited as fully paid, as
deferred consideration to the seller (the "Zemoga Shares"). The Zemoga Shares
will be subject to a restriction on sale until 13 July 2024.

On 25 March 2021, the Company announced the conditional merger of Jam3, an
award-winning Toronto-based design and experience agency, with Media.Monks
(the "Jam3 Transaction"). Pursuant to the terms of the Jam3 Transaction, the
Company has agreed to issue 1,182,859 ordinary shares of 25 pence each in the
capital of the Company, credited as fully paid, as deferred consideration to
the sellers (the "Jam3 Shares"). The Jam3 Shares will be subject to a
restriction on sale until 13 July 2024.

Two separate applications have been made to the FCA and to the London Stock
Exchange for the Zemoga Shares and the Jam3 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 July
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% or $420-450
billion of total global advertising spend of $700-750 billion (excluding over
$500 billion of trade promotion marketing, the primary target of the Amazon
advertising platform) and projects that by 2022 total global advertising spend
will expand to $770-850 billion and digital's share will grow to approximately
65% and by 2024 to approximately 70%, accelerated by the impact of covid-19.

 

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 have 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, 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 Mary Basterfield.

 

The Company now has over 9,000 people in 32 countries across the Americas,
Europe, the Middle East and Africa and Asia-Pacific and a current market
capitalisation of approximately £1.2 billion (c.$1.4 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 £8.54 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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