REG - S4 Capital PLC - Transaction in Own Shares

S4 CapitalAnnouncement

08/02/2024 07:15

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RNS Number : 4050C  S4 Capital PLC  08 February 2024

8 February 2024

S4 Capital plc

("S4Capital" or the "Company")

 

Transaction in own shares

 

In accordance with the terms of its share buyback programme announced on 26
January 2024, the Company announces that on 6 February 2024 it purchased
98,072 ordinary shares of £0.25 each in the capital of the Company ("Ordinary
Shares") in the market through Dowgate Capital Limited. The Company intends
that the repurchased Ordinary Shares will be held as treasury shares in
accordance with the provisions of the Companies Act 2006.

 

 Date of purchase:                                             7 February 2024
 Aggregate number of Ordinary Shares purchased:                98,072
 Lowest price paid per Ordinary Share (GBP):                   0.3996
 Highest price paid per Ordinary Share (GBP):                  0.4130
 Volume weighted average price paid per Ordinary Share (GBP):  0.4051

 

Following the repurchase of Ordinary Shares, S4Capital has 583,064,256
Ordinary Shares with voting rights in issue and one B ordinary share of £1.00
with voting rights in issue. The Company holds 998,431 Ordinary Shares in
treasury. Therefore, the total number of voting rights attributable to the
Ordinary Shares is 582,065,825.

 

The above figure of 582,065,825 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), (as in force in the UK and as amended by the Market Abuse
(Amendment) (EU Exit) Regulations 2019), the table below contains detailed
information of the individual trades made as part of the buyback programme.

 

Shares purchased: S4 Capital plc (ISIN: GB00BFZZM640)

 

Individual transactions:

 

 Number of Ordinary Shares purchased  Transaction price (GBP)  Time of transaction  Transaction reference number  Trading venue

                                                               (UK Time)

  1,390                                0.4130                  09:43:09             00037875973TRLO0              XLON
  2,503                                0.4130                  09:55:57             00037876369TRLO0              XLON
  443                                  0.4130                  09:56:01             00037876371TRLO0              XLON
  3,121                                0.4130                  09:56:01             00037876370TRLO0              XLON
  6,694                                0.4124                  09:56:01             00037876372TRLO0              XLON
  11,253                               0.4130                  14:55:30             00037887521TRLO0              XLON
  6,706                                0.4116                  14:55:30             00037887522TRLO0              XLON
  4,053                                0.4104                  14:55:33             00037887531TRLO0              XLON
  460                                  0.4104                  14:55:38             00037887539TRLO0              XLON
  2,276                                0.4104                  14:55:38             00037887538TRLO0              XLON
  2,543                                0.4064                  15:48:05             00037890586TRLO0              XLON
  4,148                                0.4064                  15:48:05             00037890585TRLO0              XLON
  1,249                                0.3996                  16:35:20             00037893973TRLO0              XLON
  693                                  0.3996                  16:35:20             00037893972TRLO0              XLON
  2,674                                0.3996                  16:35:20             00037893971TRLO0              XLON
  4,595                                0.3996                  16:35:20             00037893970TRLO0              XLON
  1,583                                0.3996                  16:35:20             00037893969TRLO0              XLON
  5,405                                0.3996                  16:35:20             00037893968TRLO0              XLON
  6,515                                0.3996                  16:35:20             00037893967TRLO0              XLON
  2,897                                0.3996                  16:35:20             00037893966TRLO0              XLON
  9                                    0.3996                  16:35:20             00037893965TRLO0              XLON
  770                                  0.3996                  16:35:20             00037893964TRLO0              XLON
  786                                  0.3996                  16:35:20             00037893963TRLO0              XLON
  4,085                                0.3996                  16:35:20             00037893962TRLO0              XLON
  6,951                                0.3996                  16:35:20             00037893961TRLO0              XLON
  4,231                                0.3996                  16:35:20             00037893960TRLO0              XLON
  1,061                                0.3996                  16:35:20             00037893959TRLO0              XLON
  4,344                                0.3996                  16:35:20             00037893958TRLO0              XLON
  4,634                                0.3996                  16:35:20             00037893957TRLO0              XLON

 

This announcement is made in accordance with the requirements of Listing Rule
12.4.6.

 

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
 Pete Lambie

About S4 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 S4 Capital Board as Executive Directors. The S4
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 7,700 people in 32 countries with
approximately 80% of net revenue across the Americas, 15% across Europe, the
Middle East and Africa and 5% across Asia-Pacific. The longer-term objective
is a geographic split of 60%:20%:20%. Content currently accounts for
approximately 60% of net revenue, Data&Digital Media 25% and Technology
Services 15%. 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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