S4 Capital PLC Issue of Shares (0156L)
September 01 2023 - 4:00AM
UK Regulatory
TIDMSFOR
RNS Number : 0156L
S4 Capital PLC
01 September 2023
1 September 2023
S4 Capital plc ("S (4) Capital" or the "Company")
Issue of Shares
On 3 September 2021 , S (4) Capital plc (SFOR.L) announced a
merger with Cashmere , a premier culture and creative marketing
agency (the "Transaction"). Pursuant to the terms of the
Transaction, the Company has agreed to issue 1,003,273 ordinary
shares of 25 pence each in the capital of the Company, credited as
fully paid, as
deferred consideration to the sellers (the "Shares").
Applications have been made to the FCA and to the London Stock
Exchange for the 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 4 September 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
Ollie Simmonds
About S(4) 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.
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 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 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 8,600 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.
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 or visit 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.
END
IOEPBMFTMTMJBLJ
(END) Dow Jones Newswires
September 01, 2023 04:00 ET (08:00 GMT)
S4 Capital (LSE:SFOR)
Historical Stock Chart
From Jun 2024 to Jul 2024
S4 Capital (LSE:SFOR)
Historical Stock Chart
From Jul 2023 to Jul 2024