REG-M&C Saatchi PLC Issue of Equity
Released: 18/06/2009http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20090618:RnsR0649U
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RNS Number : 0649U
M&C Saatchi PLC
18 June 2009
M&C Saatchi plc ("M&C Saatchi" or "the Company")
Further Issue of Shares
Application has been made to the London Stock Exchange for the Admission of
304,445 new ordinary shares of 1p each in the Company (the "New Shares") to
trading on AIM. The New Shares have been issued as part consideration for the
acquisition of a further 10.42% of the share capital of Talk PR Ltd and 5% of
the share capital of M&C Saatchi Sport & Entertainment Ltd, both companies are
UK group subsidiaries of the Company. Following this acquisition, M&C Saatchi
holds 94.79% of the share capital of Talk PR Ltd and 97.19% of the share capital
of M&C Saatchi Sport & Entertainment Ltd.
The New Shares will rank pari passu with the existing ordinary shares of 1p each
in the Company and trading of the New Shares on AIM is expected to commence on
22 June 2009. The total number of ordinary shares in issue following admission
of the New Shares will be 62,219,899. Of this total, 700,000 ordinary shares are
held in treasury.
Therefore, the total number of ordinary shares with voting rights will be
61,519,899.
For further information please contact
M&C Saatchi plc +44 (0)20 7543 4500
Andy Blackstone, Company Secretary
Numis Securities Ltd +44 (0) 20 7260 1000
Lee Aston (Nominated Adviser)
Charles Farquhar (Corporate Broking)
This information is provided by RNS
The company news service from the London Stock Exchange
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