REG - S4 Capital PLC - Issue of Shares

S4 CapitalAnnouncement

02/06/2023 07:00

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RNS Number : 4192B  S4 Capital PLC  02 June 2023

2 June 2023

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

Issue of Shares

On 4 May 2021, S(4)Capital plc (SFOR.L) announced a merger with Raccoon Group,
the leading digital performance agency in Brazil (the "Raccoon Transaction").
Pursuant to the terms of the Raccoon Transaction, the Company has agreed to
issue 3,002,766 ordinary shares of 25 pence each in the capital of the
Company, credited as fully paid, as consideration to the
sellers (the "Raccoon Shares").

Applications have been made to the FCA and to the London Stock Exchange for
the Raccoon 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 5 June 2023.

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
 Jane Glover

 

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.

 

Victor Knaap, Wesley ter Haar, Christopher S. Martin, Scott Spirit and Mary
Basterfield 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 Colin Day.

 

The Company now has approximately 8,700 people in 32 countries with
approximately 70% of revenue across the Americas, 20% across Europe, the
Middle East and Africa and 10% across Asia-Pacific. The longer-term objective
is a geographic split of 60%:20%:20%. Content currently accounts for
approximately 60% of revenue, Data&digital media 30% and Technology
Services 10%. 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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