REG - S4 Capital PLC - Transaction in Own Shares

S4 CapitalAnnouncement

26/02/2024 07:00

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RNS Number : 3510E  S4 Capital PLC  26 February 2024

26 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 23 February 2024 it purchased
133,538 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:                                             23 February 2024
 Aggregate number of Ordinary Shares purchased:                133,538
 Lowest price paid per Ordinary Share (GBP):                   0.3982
 Highest price paid per Ordinary Share (GBP):                  0.4188
 Volume weighted average price paid per Ordinary Share (GBP):  0.4067

 

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 3,351,740 Ordinary Shares in
treasury. Therefore, the total number of voting rights attributable to the
Ordinary Shares is 579,712,516.

 

The above figure of 579,712,516 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)

  6,879                                0.4188                  08:26:10             00038144553TRLO0              XLON
  6,579                                0.4088                  12:36:57             00038152401TRLO0              XLON
  2,736                                0.4060                  13:42:48             00038154089TRLO0              XLON
  668                                  0.4060                  14:08:54             00038154701TRLO0              XLON
  2,655                                0.4060                  14:08:54             00038154700TRLO0              XLON
  3,003                                0.4042                  14:15:06             00038154916TRLO0              XLON
  4,000                                0.4042                  14:15:06             00038154915TRLO0              XLON
  154                                  0.3982                  14:32:46             00038155897TRLO0              XLON
  41                                   0.3982                  14:32:46             00038155896TRLO0              XLON
  1                                    0.3982                  14:32:46             00038155895TRLO0              XLON
  985                                  0.3982                  14:32:46             00038155894TRLO0              XLON
  896                                  0.3982                  14:32:47             00038155898TRLO0              XLON
  4,406                                0.3982                  14:32:49             00038155900TRLO0              XLON
  190                                  0.4022                  15:26:57             00038158894TRLO0              XLON
  190                                  0.4022                  15:26:57             00038158893TRLO0              XLON
  2,737                                0.4022                  15:37:37             00038159648TRLO0              XLON
  419                                  0.4034                  16:15:10             00038161874TRLO0              XLON
  5,140                                0.4034                  16:15:10             00038161873TRLO0              XLON
  1,486                                0.4034                  16:15:10             00038161872TRLO0              XLON
  9,040                                0.4034                  16:15:10             00038161871TRLO0              XLON
  4,496                                0.4072                  16:35:25             00038163503TRLO0              XLON
  953                                  0.4072                  16:35:25             00038163502TRLO0              XLON
  5,170                                0.4072                  16:35:25             00038163501TRLO0              XLON
  11,049                               0.4072                  16:35:25             00038163500TRLO0              XLON
  807                                  0.4072                  16:35:25             00038163499TRLO0              XLON
  3,886                                0.4072                  16:35:25             00038163498TRLO0              XLON
  18,045                               0.4072                  16:35:25             00038163497TRLO0              XLON
  2,343                                0.4072                  16:35:25             00038163496TRLO0              XLON
  4,424                                0.4072                  16:35:25             00038163495TRLO0              XLON
  2,893                                0.4072                  16:35:25             00038163494TRLO0              XLON
  4,402                                0.4072                  16:35:25             00038163493TRLO0              XLON
  4,549                                0.4072                  16:35:25             00038163492TRLO0              XLON
  1,849                                0.4072                  16:35:25             00038163491TRLO0              XLON
  6,105                                0.4072                  16:35:25             00038163490TRLO0              XLON
  10,362                               0.4072                  16:35:25             00038163489TRLO0              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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