9 October 2024
S4 Capital plc ("S4 Capital" or the "Company")
Issue of Shares
Pursuant to the minority investment by the Company's group into the South African, minority-owned, digital media business, Hoorah Digital Proprietary Limited, announced on 8 October 2024, the Company has agreed to issue 1,404,991 ordinary shares of 25 pence each in the capital of the Company, credited as fully paid 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 equity shares (transition) category 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 11 October 2024.
Enquiries:
| S4 Capital | Tel: +44 (0)20 3793 0003 |
| Sir Martin Sorrell (Executive Chairman) |
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| Sodali & Co (PR Adviser to S4 Capital) | Tel: +44 (0) 7970 246 725 |
| Elly Williamson |
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| Pete Lambie |
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About S4 Capital
S4Capital 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.
The S4Capital Board includes Rupert Faure Walker, Daniel Pinto, Sue Prevezer, Elizabeth Buchanan, Margaret Ma Connolly, Miles Young and Colin Day as Non-Executive Directors.
The Company now has approximately 7,550 people in 33 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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