9 May 2024
S4 Capital plc
("S4Capital" or the
"Company")
Issue of
Shares
On 26 July 2021, S4Capital plc (SFOR.L)
announced a merger with Destined, an Australian Salesforce
specialist (the "Transaction"). Pursuant to the terms
of the Transaction, the Company has agreed to issue 66,921 ordinary
shares of 25 pence each in the capital of the Company, credited as
fully paid, as a deferred consideration payment (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 10 May 2024.
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 S4Capital
S4Capital 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.