REG-M&C Saatchi PLC Issue of Equity - Clear Ideas

Released : 05/06/2008 08:33

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20080605:RnsE0417W
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RNS Number : 0417W  
  
M&C Saatchi PLC  
  
05 June 2008  
  
M&C Saatchi plc ("M&C Saatchi" or "the Company")   
  
Deferred consideration   
  
In accordance with the Clear Ideas Ltd sale and purchase agreement the Company 
has applied for admission to trading on AIM of 466,867 new Ordinary Shares. 
These new Ordinary Shares will rank pari passu with the existing ordinary Shares 
of 1p each in the Company. The new Ordinary Shares are expected to be admitted 
to trading on AIM on 10 June 2008.   
  
The total number of Ordinary Shares in issue following this issue of shares will 
be 60,982,977. Of this total, 700,000 Ordinary Shares are held in treasury.   
  
Therefore, the total number of Ordinary Shares with voting rights will be 
60,282,977.   
  
The above figure of 60,282,977 ordinary shares may be used by shareholders as 
the denominator for the calculations by which they will determine if they are 
required to notify their interest in, or a change to their interest in, the 
Company under the FSA's Disclosure and Transparency Rules.  
  
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END