Source - LSE Regulatory
RNS Number : 3585D
S4 Capital PLC
16 February 2024
 

16 February 2024

 

S4 Capital plc

("S4Capital" or the "Company")

 

Transaction in own shares

 

In accordance with the terms of its share buyback programme announced on 26 January 2024, the Company announces that on 15 February 2024 it purchased 44,063 ordinary shares of £0.25 each in the capital of the Company ("Ordinary Shares") in the market through Dowgate Capital Limited. The Company intends that the repurchased Ordinary Shares will be held as treasury shares in accordance with the provisions of the Companies Act 2006.

 

Date of purchase:

15 February 2024

Aggregate number of Ordinary Shares purchased:

44,063

Lowest price paid per Ordinary Share (GBP):

0.3934

Highest price paid per Ordinary Share (GBP):

0.4108

Volume weighted average price paid per Ordinary Share (GBP):

0.4051

 

Following the repurchase of Ordinary Shares, S4Capital has 583,064,256 Ordinary Shares with voting rights in issue and one B ordinary share of £1.00 with voting rights in issue. The Company holds 2,110,847 Ordinary Shares in treasury. Therefore, the total number of voting rights attributable to the Ordinary Shares is 580,953,409. 

 

The above figure of 580,953,409 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 FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019), the table below contains detailed information of the individual trades made as part of the buyback programme.

 

Shares purchased: S4 Capital plc (ISIN: GB00BFZZM640)

 

Individual transactions:

 

Number of Ordinary Shares purchased

Transaction price (GBP)

Time of transaction

(UK Time)

Transaction reference number

Trading venue



 4,141

 0.3942

08:41:02

00038016198TRLO0

XLON


 1,901

 0.3942

08:53:30

00038016541TRLO0

XLON


 5,133

 0.3934

09:18:22

00038017422TRLO0

XLON


 3,995

 0.4108

13:32:13

00038023585TRLO0

XLON


 1,402

 0.4090

13:32:13

00038023587TRLO0

XLON


 2,785

 0.4090

13:32:13

00038023586TRLO0

XLON


 2,834

 0.4056

13:32:59

00038023600TRLO0

XLON


 1,181

 0.4056

13:49:38

00038024516TRLO0

XLON


 4,018

 0.4046

13:49:39

00038024519TRLO0

XLON


 253

 0.4108

15:14:31

00038029717TRLO0

XLON


 316

 0.4108

15:14:31

00038029716TRLO0

XLON


 3,447

 0.4108

15:14:31

00038029715TRLO0

XLON


 2,817

 0.4108

16:04:27

00038031631TRLO0

XLON


 1,293

 0.4108

16:05:02

00038031652TRLO0

XLON


 4,019

 0.4106

16:07:05

00038031742TRLO0

XLON


 1,114

 0.4090

16:11:02

00038031926TRLO0

XLON


 257

 0.4090

16:14:40

00038032065TRLO0

XLON


 2,753

 0.4090

16:14:45

00038032069TRLO0

XLON


 404

 0.4090

16:14:49

00038032074TRLO0

XLON


 

This announcement is made in accordance with the requirements of Listing Rule 12.4.6.

 

Enquiries:

S4Capital

Tel: +44 (0)20 3793 0003

Sir Martin Sorrell (Executive Chairman)


Powerscourt (PR Adviser to S4Capital)

Tel: +44 (0) 7970 246 725

Elly Williamson


Pete Lambie


About S4 Capital

 

S4 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 S4 Capital Board as Executive Directors. The S4 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 7,700 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 60% of net revenue, Data&Digital Media 25% and Technology Services 15%. 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 £1 million 'shell' company in 1985 into the world's largest advertising and marketing services company, with a market capitalisation of over £16 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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