Source - LSE Regulatory
RNS Number : 8544T
M&C Saatchi PLC
29 March 2021
 

29 March 2021

M&C SAATCHI PLC

(the "Company")

Issue of New Shares

Application has today been made to the London Stock Exchange for the admission of 327,239 new ordinary shares of one pence each in the capital of the Company (the New Shares) to trading on the AIM market of the London Stock Exchange.  The New Shares have been issued in exchange for shares in one of the group's Singaporean subsidiaries following the exercise of a put option onto the Company of those shares by their current holder. Admission of the New Shares is expected to become effective on 1 April 2021.

The total number of ordinary shares in issue on the date of admission will be 122,743,435. Of this total, 485,970 ordinary shares are held in treasury. Therefore, the total number of ordinary shares in issue with voting rights will be 122,257,465.

The above figure 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 Disclosure and Transparency Rules.

Market Abuse Regulation

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation. Upon the publication of this announcement via a regulatory information service, this inside information is now considered to be in the public domain.

For further information please call:

M&C Saatchi Plc

                        +44 (0)20-7543-4500

Moray MacLennan, Mickey Kalifa

 

 

 

Tulchan Communications

                        +44 (0)20-7353-4200

Tom Murray, Matt Low

 

 

Numis Securities

                        +44 (0)20-7260-1000

Nick Westlake, Hugo Rubinstein, NOMAD

Charles Farquhar, Corporate Broking

 

 

Liberum

                        +44 (0)20-3100-2000

Neil Patel, Richard Bootle, Edward Phillips,
Will King

 

 

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