REG-M&C Saatchi PLC Issue of Equity

Released : 07/10/2008 14:16

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20081007:RnsG2914F
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RNS Number : 2914F  
  
M&C Saatchi PLC  
  
07 October 2008  
  
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 
536,742 new ordinary shares of 1p each in the Company (the "New Shares") to 
trading on AIM. The New Shares have been issued as consideration for the 
acquisition of a further 11.25% of the share capital of Immediate Sales Ltd, a 
UK group subsidiary of the Company. Following this acquisition, M&C Saatchi 
holds 97.2% of the share capital of Immediate Sales 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 8 
October 2008. The total number of ordinary shares in issue following admission 
of the New Shares will be 61,519,719. Of this total, 700,000 ordinary shares are 
held in treasury.   
  
Therefore, the total number of ordinary shares with voting rights will be 
60,819,719.  
  
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)                         
                                                               
  Tulchan Communications                 +44 (0) 20 7353 4200  
  Lizzie Morgan                                                
  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END