SFOR S4 Capital Plc

TIDMSFOR

RNS Number : 3054V

S4 Capital PLC

01 December 2023

1 December 2023

S4 Capital plc ("S (4) Capital" or the "Company")

Issue of Shares

On 1 December 2021 , S (4) Capital plc (SFOR.L) announced a merger with Maverick Digital , a leader in digital transformation strategy, Salesforce platform implementation, integration strategy & execution and managed services (the "Transaction"). Pursuant to the terms of the Transaction, the Company has agreed to issue 64,377 ordinary shares of 25 pence each in the capital of the Company, credited as fully paid, as deferred

consideration   to the seller   (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 December 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 
     Pete Lambie 
 

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 8,200 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 6 0% of net revenue, Data&Digital Media 2 5% and Technology Services 1 5%. 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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