Issue of Shares

RNS Number : 1411S

S4 Capital PLC

12 July 2022

 

12 July 2022

S4 Capital plc ("S⁴Capital" or the "Company")

Issue of Shares

On 17 September 2021 , S⁴Capital plc (SFOR.L) announced a merger with Zemoga , a leading digital transformation services firm specialising in providing product design, engineering and delivery services to enterprise clients across multiple verticals (the "Zemoga Transaction"). Pursuant to the terms of the Zemoga Transaction, the Company has agreed to issue 3,802,397 ordinary shares of 25 pence each in the capital of the Company, credited as fully paid, as deferred consideration to the seller (the "Zemoga Shares"). The Zemoga Shares will be subject to a restriction on sale until 13 July 2024.

On 25 March 2021 , the Company announced the conditional merger of Jam3, an award-winning Toronto-based design and experience agency, with Media.Monks (the "Jam3 Transaction"). Pursuant to the terms of the Jam3 Transaction, the Company has agreed to issue 1,182,859 ordinary shares of 25 pence each in the capital of the Company, credited as fully paid, as deferred consideration to the sellers (the "Jam3 Shares"). The Jam3 Shares will be subject to a restriction on sale until 13 July 2024.

Two separate applications have been made to the FCA and to the London Stock Exchange for the Zemoga Shares and the Jam3 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 13 July 2022.

Enquiries:

S4Capital	Tel: [phone]
Sir Martin Sorrell (Executive Chairman)
Powerscourt (PR Adviser to S4Capital)	Tel: [phone]
Robin O'Kelly
Jane Glover

About S⁴Capital

S⁴Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising and marketing services company, established by Sir Martin Sorrell in May 2018.

Its strategy is to build a purely digital advertising and marketing services business for global, multinational, regional, local clients and millennial-driven influencer brands. This will be achieved by integrating leading businesses in three practice areas: Content, Data&digital media and Technology services, along with an emphasis on "faster, better, cheaper" executions in an always-on consumer-led environment, with a unitary structure.

Digital is by far the fastest-growing segment of the advertising market. S⁴Capital estimates that in 2021 digital accounted for over 60% or $420-450 billion of total global advertising spend of $700-750 billion (excluding over $500 billion of trade promotion marketing, the primary target of the Amazon advertising platform) and projects that by 2022 total global advertising spend will expand to $770-850 billion and digital's share will grow to approximately 65% and by 2024 to approximately 70%, accelerated by the impact of covid-19.

In 2018, S⁴Capital combined with MediaMonks, the leading AdAge A-listed creative digital content production company led by Victor Knaap and Wesley ter Haar, and then with MightyHive, the market-leading digital media solutions provider for future thinking marketers and agencies, led by Peter Kim and Christopher S. Martin.

Since then, MediaMonks and MightyHive have combined with more than 25 companies across content, data&digital media and Technology services. For a full list, please see the S⁴Capital website.

In August 2021, S⁴Capital launched its unitary brand by merging MediaMonks and MightyHive into Media.Monks, represented by a dynamic logo mark that features MightyHive's iconic hexagon. As the operational brand, Media.Monks underpins S⁴Capital's agility, digital knowledge and efficiency and is the next step in delivering on its foundational promise to unify content, data&digital media and technology services.

Victor Knaap, Wesley ter Haar, Christopher Martin, Mary Basterfield and Scott Spirit all joined the S⁴Capital Board as Executive Directors. The S⁴Capital Board also includes Rupert Faure Walker, Paul Roy, Daniel Pinto, Sue Prevezer, Elizabeth Buchanan, Naoko Okumoto, Margaret Ma Connolly, Miles Young and Mary Basterfield.

The Company now has over 9,000 people in 32 countries across the Americas, Europe, the Middle East and Africa and Asia-Pacific and a current market capitalisation of approximately £1.2 billion (c.$1.4 billion) and would rank in the FTSE 200. It achieved Unicorn status in a little over one year, unique in the advertising and marketing services industry. 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. Today its market capitalisation is £8.54 billion, dropping into third place behind both Omnicom and Publicis for the first time ever. Prior to that Sir Martin was Group Financial Director of Saatchi & Saatchi Company Plc for nine years.

 

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