S4 Capital PLC Issue of Shares (4192B)
02 June 2023 - 4:00PM
UK Regulatory
TIDMSFOR
RNS Number : 4192B
S4 Capital PLC
02 June 2023
2 June 2023
S4 Capital plc ("S (4) Capital" or the "Company")
Issue of Shares
On 4 May 2021 , S (4) Capital plc (SFOR.L) announced a merger
with Raccoon Group, the leading digital performance agency in
Brazil (the "Raccoon Transaction"). Pursuant to the terms of the
Raccoon Transaction, the Company has agreed to issue 3,002,766
ordinary shares of 25 pence each in the capital of the Company,
credited
as fully paid, as consideration to the sellers (the "Raccoon Shares").
Applications have been made to the FCA and to the London Stock
Exchange for the Raccoon 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 5 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, 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 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 now has approximately 8,700 people in 32 countries
with approximately 70% of revenue across the Americas, 20% across
Europe, the Middle East and Africa and 10% across Asia-Pacific. The
longer-term objective is a geographic split of 60%:20%:20%. Content
currently accounts for approximately 60% of revenue,
Data&digital media 30% and Technology Services 10%. 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 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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