Response to press speculation

RNS Number : 1841J

S4 Capital PLC

03 December 2018

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (OTHER THAN THE UNITED KINGDOM) OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

3 December 2018

S⁴ CAPITAL PLC

("S⁴ Capital" or the "Company")

Response to press speculation

The Board of the Company notes the recent press speculation and confirms that it is in advanced discussions in relation to the potential acquisition of MightyHive, Inc. (the "Potential Transaction").

The Potential Transaction, if consummated, would be in line with the Company's stated strategy of creating a new era, new media solution embracing data, content and technology in an always-on environment for global, multi-national, regional and local clients and for millennial-driven digital brands.

There can be no certainty as to whether the Potential Transaction will occur.  Further announcements will be made as appropriate.

S4 Capital plc Sir Martin Sorrell (Executive Chairman)	via Powerscourt
Powerscourt (PR Adviser to S4 Capital plc) Elly Williamson John Elliott	Tel: [phone]
HSBC Bank plc (Joint Corporate Broker to S4 Capital plc) Adrian Lewis Sam Barnett	Tel: [phone]
Dowgate Capital Limited (Joint Corporate Broker to S4 Capital plc) James Serjeant David Poutney	Tel: [phone]

This announcement contains inside information.

Sir Martin Sorrell, Executive Chairman
S⁴ Capital plc, 12 St James' Place, London SW1A 1NX
LEI 21380068SP9V65KPQN68

IMPORTANT INFORMATION

Dowgate Capital Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (the "FCA"), is acting for S⁴ Capital plc in connection with the proposals set out in this announcement and for no one else and will not be responsible to anyone other than S⁴ Capital plc for providing the protections afforded to their clients or for providing advice in relation to this announcement or any matters referred to herein.

HSBC Bank plc, which is authorised and regulated in the United Kingdom by the Prudential Regulation Authority and the FCA, is acting for S⁴ Capital plc in connection with the proposals set out in this announcement and for no one else and will not be responsible to anyone other than S⁴ Capital plc for providing the protections afforded to their clients or for providing advice in relation to this announcement or any matters referred to herein.

No representation or warranty, express or implied, is made by Dowgate Capital Limited or HSBC Bank plc as to the contents of this announcement, or for the omission of any material from this announcement. Neither Dowgate Capital Limited nor HSBC Bank plc has authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Dowgate Capital Limited or HSBC Bank plc for the accuracy of any information or opinions contained in this document or for the omission of any information from this announcement.

 

END

 

 

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