Acquisition of shareholding in M&C SAATCHI PLC

RNS Number : 5080X

Advancedadvt Limited

05 January 2022

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

LEI: 254900WYO35S1T334A28

AdvancedAdvT Limited

(the "Company")

Acquisition of shareholding in M&C SAATCHI PLC

The Board of AdvancedAdvT Limited (LSE:ADVT) confirms that the Company has acquired 12,000,000 ordinary shares of M &C SAATCHI PLC for a price of £2.00 per share, representing c.9.82 per cent. of the current issued share capital of M&C SAATCHI PLC , viewing this as a good investment opportunity.

Enquiries:    

Company Secretary

Antoinette Vanderpuije   020 7004 2743

Meare Consulting

Adrian Duffield   07990 858548

Further information on the Company can be found on its website at  www.advancedadvt.com. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website or any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a regulatory information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.

 

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