REG - S4 Capital PLC - Transaction in Own Shares

S4 CapitalAnnouncement

23/02/2024 07:00

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RNS Number : 1876E  S4 Capital PLC  23 February 2024

23 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 22 February 2024 it purchased
210,471 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:                                             22 February 2024
 Aggregate number of Ordinary Shares purchased:                210,471
 Lowest price paid per Ordinary Share (GBP):                   0.4102
 Highest price paid per Ordinary Share (GBP):                  0.4316
 Volume weighted average price paid per Ordinary Share (GBP):  0.4221

 

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 3,218,202 Ordinary Shares in
treasury. Therefore, the total number of voting rights attributable to the
Ordinary Shares is 579,846,054.

 

The above figure of 579,846,054 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)

  6,032                                0.4226                  09:17:44             00038120009TRLO0              XLON
  6,706                                0.4226                  09:17:44             00038120008TRLO0              XLON
  5,823                                0.4214                  09:17:45             00038120010TRLO0              XLON
  411                                  0.4254                  09:53:36             00038121224TRLO0              XLON
  1,131                                0.4254                  09:53:36             00038121223TRLO0              XLON
  5,013                                0.4254                  09:53:36             00038121225TRLO0              XLON
  4,637                                0.4316                  10:11:24             00038121790TRLO0              XLON
  9,600                                0.4316                  10:11:24             00038121789TRLO0              XLON
  6,000                                0.4316                  10:11:24             00038121788TRLO0              XLON
  5,743                                0.4280                  10:11:44             00038121809TRLO0              XLON
  7,845                                0.4262                  10:11:44             00038121810TRLO0              XLON
  15,153                               0.4316                  10:20:56             00038122253TRLO0              XLON
  1,517                                0.4300                  10:51:10             00038123547TRLO0              XLON
  4,925                                0.4300                  10:51:10             00038123546TRLO0              XLON
  6,706                                0.4300                  10:51:10             00038123545TRLO0              XLON
  7,084                                0.4274                  11:36:42             00038125751TRLO0              XLON
  2,200                                0.4250                  11:36:42             00038125754TRLO0              XLON
  5,458                                0.4250                  11:36:42             00038125753TRLO0              XLON
  4,009                                0.4250                  11:36:42             00038125752TRLO0              XLON
  6,106                                0.4200                  15:15:33             00038137134TRLO0              XLON
  6,829                                0.4200                  15:36:59             00038138299TRLO0              XLON
  111                                  0.4204                  15:37:00             00038138301TRLO0              XLON
  2,662                                0.4204                  15:37:00             00038138300TRLO0              XLON
  3,094                                0.4204                  15:39:12             00038138519TRLO0              XLON
  2,350                                0.4186                  15:39:12             00038138522TRLO0              XLON
  1,712                                0.4186                  15:39:12             00038138521TRLO0              XLON
  2,351                                0.4186                  15:39:12             00038138520TRLO0              XLON
  1,396                                0.4194                  16:00:40             00038139508TRLO0              XLON
  1,396                                0.4194                  16:02:19             00038139643TRLO0              XLON
  1,333                                0.4180                  16:07:12             00038140017TRLO0              XLON
  5,000                                0.4180                  16:07:12             00038140016TRLO0              XLON
  6,427                                0.4102                  16:09:54             00038140161TRLO0              XLON
  10,114                               0.4152                  16:35:18             00038142456TRLO0              XLON
  16,629                               0.4152                  16:35:18             00038142457TRLO0              XLON
  4,534                                0.4152                  16:35:18             00038142458TRLO0              XLON
  5,634                                0.4152                  16:35:18             00038142459TRLO0              XLON
  1,154                                0.4152                  16:35:18             00038142460TRLO0              XLON
  4,797                                0.4152                  16:35:18             00038142461TRLO0              XLON
  16,755                               0.4152                  16:35:18             00038142462TRLO0              XLON
  3,448                                0.4152                  16:35:18             00038142463TRLO0              XLON
  646                                  0.4152                  16:35:18             00038142464TRLO0              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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