REG - S4 Capital PLC - Issue of Shares

S4 CapitalAnnouncement

01/09/2023 09:00

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RNS Number : 0156L  S4 Capital PLC  01 September 2023

 1 September 2023

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

Issue of Shares

On 3 September 2021, S(4)Capital plc (SFOR.L) announced a merger with
Cashmere, a premier culture and creative marketing
agency (the "Transaction"). Pursuant to the terms of the Transaction, the
Company has agreed to issue 1,003,273 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 4 September 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
 Ollie Simmonds

 

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.

 

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 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 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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