S4 Capital PLC Issue of Shares (5052D)
June 22 2023 - 2:00AM
UK Regulatory
TIDMSFOR
RNS Number : 5052D
S4 Capital PLC
22 June 2023
22 June 2023
S4 Capital plc ("S (4) Capital" or the "Company")
Issue of Shares
On 30 December 2020 , S (4) Capital plc (SFOR.L) announced a
merger with Decoded Advertising , an integrated creative,
technology and media agency (the "Decoded Transaction"). Pursuant
to the terms of the Decoded Transaction, the Company has agreed to
issue 2,817,096 ordinary shares of 25 pence each in the capital of
the Company, credited as fully paid, as deferred consideration to
the sellers (the "Decoded Shares").
Applications have been made to the FCA and to the London Stock
Exchange for the Decoded Shares to be admitted to the standard
segment of the Official List of the FCA and to trading on the
London Stock Exchange's Main Market for listed securities
respectively ("Admission"). It is expected that Admission will
become effective at 8.00 a.m. on 23 June 2023 .
Enquiries:
S (4) Capital Tel: +44 (0)20 3793 0003
Sir Martin Sorrell (Executive
Chairman)
Powerscourt (PR Adviser Tel: +44 (0) 7970 246
to S (4) Capital) 725
Elly Williamson
Jane Glover
About S (4) Capital
S (4) Capital plc (SFOR.L) is the tech-led, new age/new era
digital advertising and marketing services company, established by
Sir Martin Sorrell in May 2018.
Its strategy is to build a purely digital advertising and
marketing services business for global, multinational, regional,
local clients and millennial-driven influencer brands. This will be
achieved by integrating leading businesses in three practice areas:
Content, Data&digital media and Technology services, along with
an emphasis on "faster, better, more efficient" executions in an
always-on consumer-led environment, with a unitary structure.
Victor Knaap, Wesley ter Haar, Christopher Martin, Scott Spirit
and Mary Basterfield all joined the S (4) Capital Board as
Executive Directors. The S (4) 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 has approximately 8,700 people in 32 countries with
approximately 70% of revenue across the Americas, 20% across Europe
and the Middle East and 10% across Africa and Asia-Pacific. The
longer term objective is a split of 60%:20%:20%. Content currently
accounts for approximately 60% of revenue, Data&digital 30% and
Technology services 10%. The long-term objective is a split of
50%:25%:25%.
Sir Martin was CEO of WPP for 33 years, building it from a GBP1
million "shell" company in 1985 into the world's largest
advertising and marketing services company, with a market
capitalisation of over GBP16 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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END
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