REG - S4 Capital PLC - Issue of Shares

S4 CapitalAnnouncement

03/08/2023 07:00

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RNS Number : 1139I  S4 Capital PLC  03 August 2023

3 August 2023

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

Issue of Shares

On 12 November 2021, S(4)Capital plc (SFOR.L) announced the merger of Miyagi,
a leading creative content marketing agency with Media.Monks to form
S(4)Capital's Content practice in Italy (the "Miyagi Transaction"). Pursuant
to the terms of the Miyagi Transaction, the Company has agreed to issue
740,620 ordinary shares of 25 pence each in the capital of the Company,
credited as fully paid, as deferred consideration to the
sellers (the "Miyagi Shares"). The Miyagi Shares will be subject to a
restriction on sale until 4 August 2025.

Applications have been made to the FCA and to the London Stock Exchange for
the Miyagi 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 4 August 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
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, more
efficient" executions in an always-on consumer-led environment, with a unitary
structure.

 

Victor Knaap, Wesley ter Haar, Christopher 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 has approximately 8,600 people in 32 countries with approximately
70% of revenue across the Americas, 20% across Europe and  the Middle East
and 10% across Africa and Asia-Pacific. The longer term objective is a split
of 60%:20%:20%. Content currently accounts for approximately 60% of revenue,
Data&digital 30% and Technology services 10%. The long-term objective 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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