REG - S4 Capital PLC - Transaction in Own Shares

S4 CapitalAnnouncement

08/03/2024 07:00

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RNS Number : 0776G  S4 Capital PLC  08 March 2024

8 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 7 March 2024 it purchased 184,568
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 March 2024
 Aggregate number of Ordinary Shares purchased:                184,568
 Lowest price paid per Ordinary Share (GBP):                   0.3816
 Highest price paid per Ordinary Share (GBP):                  0.3924
 Volume weighted average price paid per Ordinary Share (GBP):  0.3910

 

Following the repurchase of Ordinary Shares, S4Capital has 583,491,444
Ordinary Shares with voting rights in issue and one B ordinary share of £1.00
with voting rights in issue. The Company holds 5,724,221 Ordinary Shares in
treasury. Therefore, the total number of voting rights attributable to the
Ordinary Shares is 577,767,223.

 

The above figure of 577,767,223 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)

  351                                  0.3816                  09:49:36             00038386399TRLO0              XLON
  8,211                                0.3816                  09:49:36             00038386398TRLO0              XLON
  1,675                                0.3862                  11:02:03             00038389393TRLO0              XLON
  5,800                                0.3862                  11:02:03             00038389392TRLO0              XLON
  5,424                                0.3836                  11:23:15             00038390062TRLO0              XLON
  1,842                                0.3836                  11:23:15             00038390061TRLO0              XLON
  3,917                                0.3832                  12:51:11             00038392608TRLO0              XLON
  8,112                                0.3908                  14:30:48             00038397015TRLO0              XLON
  337                                  0.3902                  16:27:42             00038403961TRLO0              XLON
  1,401                                0.3902                  16:27:43             00038403962TRLO0              XLON
  3,164                                0.3902                  16:28:38             00038404065TRLO0              XLON
  907                                  0.3902                  16:28:52             00038404081TRLO0              XLON
  49                                   0.3902                  16:29:56             00038404186TRLO0              XLON
  2,160                                0.3924                  16:35:07             00038404761TRLO0              XLON
  9,285                                0.3924                  16:35:07             00038404760TRLO0              XLON
  1,726                                0.3924                  16:35:07             00038404759TRLO0              XLON
  5,201                                0.3924                  16:35:07             00038404758TRLO0              XLON
  8,557                                0.3924                  16:35:07             00038404757TRLO0              XLON
  1,573                                0.3924                  16:35:07             00038404756TRLO0              XLON
  9,142                                0.3924                  16:35:07             00038404755TRLO0              XLON
  9,146                                0.3924                  16:35:07             00038404754TRLO0              XLON
  5,194                                0.3924                  16:35:07             00038404753TRLO0              XLON
  6,199                                0.3924                  16:35:07             00038404752TRLO0              XLON
  1,590                                0.3924                  16:35:07             00038404751TRLO0              XLON
  1,788                                0.3924                  16:35:07             00038404750TRLO0              XLON
  3,603                                0.3924                  16:35:07             00038404749TRLO0              XLON
  5,263                                0.3924                  16:35:07             00038404748TRLO0              XLON
  972                                  0.3924                  16:35:07             00038404747TRLO0              XLON
  209                                  0.3924                  16:35:07             00038404746TRLO0              XLON
  7,793                                0.3924                  16:35:07             00038404745TRLO0              XLON
  4,930                                0.3924                  16:35:07             00038404744TRLO0              XLON
  3,706                                0.3924                  16:35:07             00038404743TRLO0              XLON
  6,089                                0.3924                  16:35:07             00038404742TRLO0              XLON
  5,730                                0.3924                  16:35:07             00038404741TRLO0              XLON
  5,840                                0.3924                  16:35:07             00038404740TRLO0              XLON
  11,316                               0.3924                  16:35:07             00038404739TRLO0              XLON
  7,494                                0.3924                  16:35:07             00038404738TRLO0              XLON
  364                                  0.3924                  16:35:07             00038404737TRLO0              XLON
  5,391                                0.3924                  16:35:07             00038404736TRLO0              XLON
  13,117                               0.3924                  16:35:07             00038404735TRLO0              XLON
  351                                  0.3816                  09:49:36             00038386399TRLO0              XLON
  8,211                                0.3816                  09:49:36             00038386398TRLO0              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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