REG - S4 Capital PLC - Transaction in Own Shares

S4 CapitalAnnouncement

11/03/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240311:nRSK2404Ga&default-theme=true

RNS Number : 2404G  S4 Capital PLC  11 March 2024

11 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 8 March 2024 it purchased 124,749
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:                                             8 March 2024
 Aggregate number of Ordinary Shares purchased:                124,749
 Lowest price paid per Ordinary Share (GBP):                   0.3850
 Highest price paid per Ordinary Share (GBP):                  0.3998
 Volume weighted average price paid per Ordinary Share (GBP):  0.3961

 

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 5,848,970 Ordinary Shares in
treasury. Therefore, the total number of voting rights attributable to the
Ordinary Shares is 577,642,474.

 

The above figure of 577,642,474 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)

  215                                  0.3900                  08:31:31             00038409605TRLO0              XLON
  3,381                                0.3932                  12:02:56             00038419207TRLO0              XLON
  5,000                                0.3932                  12:02:56             00038419206TRLO0              XLON
  8,459                                0.3892                  13:07:26             00038422505TRLO0              XLON
  3,946                                0.3850                  13:30:11             00038423360TRLO0              XLON
  3,445                                0.3850                  13:30:11             00038423359TRLO0              XLON
  6,247                                0.3920                  15:38:05             00038430985TRLO0              XLON
  7,752                                0.3920                  15:38:05             00038430984TRLO0              XLON
  7,898                                0.3920                  15:38:07             00038430991TRLO0              XLON
  1,681                                0.3920                  15:38:07             00038430990TRLO0              XLON
  312                                  0.3998                  16:18:18             00038434195TRLO0              XLON
  7,650                                0.3996                  16:35:11             00038435183TRLO0              XLON
  8,351                                0.3996                  16:35:11             00038435182TRLO0              XLON
  22                                   0.3996                  16:35:11             00038435181TRLO0              XLON
  1,491                                0.3996                  16:35:11             00038435180TRLO0              XLON
  4,100                                0.3996                  16:35:11             00038435179TRLO0              XLON
  195                                  0.3996                  16:35:11             00038435178TRLO0              XLON
  55                                   0.3996                  16:35:11             00038435177TRLO0              XLON
  2,644                                0.3996                  16:35:11             00038435176TRLO0              XLON
  505                                  0.3996                  16:35:11             00038435175TRLO0              XLON
  245                                  0.3996                  16:35:11             00038435174TRLO0              XLON
  117                                  0.3996                  16:35:11             00038435173TRLO0              XLON
  1,677                                0.3996                  16:35:11             00038435172TRLO0              XLON
  2,846                                0.3996                  16:35:11             00038435171TRLO0              XLON
  4,845                                0.3996                  16:35:11             00038435170TRLO0              XLON
  11,482                               0.3996                  16:35:11             00038435169TRLO0              XLON
  11,977                               0.3996                  16:35:11             00038435168TRLO0              XLON
  8,556                                0.3996                  16:35:11             00038435167TRLO0              XLON
  3,111                                0.3996                  16:35:11             00038435166TRLO0              XLON
  687                                  0.3996                  16:35:11             00038435165TRLO0              XLON
  525                                  0.3996                  16:35:11             00038435164TRLO0              XLON
  5,332                                0.3996                  16:35:11             00038435163TRLO0              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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSEAPDPEDNLEFA