REG - S4 Capital PLC - Transaction in Own Shares

S4 CapitalAnnouncement

01/03/2024 07:00

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RNS Number : 0694F  S4 Capital PLC  01 March 2024

1 March 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 29 February 2024 it purchased
263,278 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:                                             29 February 2024
 Aggregate number of Ordinary Shares purchased:                263,278
 Lowest price paid per Ordinary Share (GBP):                   0.3952
 Highest price paid per Ordinary Share (GBP):                  0.4008
 Volume weighted average price paid per Ordinary Share (GBP):  0.4006

 

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 4,347,177 Ordinary Shares in
treasury. Therefore, the total number of voting rights attributable to the
Ordinary Shares is 578,717,079.

 

The above figure of 578,717,079 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)

  6,820                                0.4000                  09:25:11             00038245725TRLO0              XLON
  113,108                              0.4008                  11:35:26             00038275026TRLO0              XLON
  39                                   0.4008                  11:35:26             00038275025TRLO0              XLON
  121,530                              0.4008                  11:35:26             00038275024TRLO0              XLON
  11                                   0.4000                  11:44:35             00038251212TRLO0              XLON
  206                                  0.4000                  11:44:35             00038251211TRLO0              XLON
  6,809                                0.4000                  11:44:35             00038251210TRLO0              XLON
  7,039                                0.4000                  11:45:00             00038251227TRLO0              XLON
  21                                   0.4000                  11:45:00             00038251226TRLO0              XLON
  394                                  0.4000                  11:45:00             00038251225TRLO0              XLON
  5,392                                0.3952                  13:13:28             00038255886TRLO0              XLON
  1,909                                0.3952                  13:13:28             00038255885TRLO0              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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