REG-M&C Saatchi PLC Issue of Equity - to fulfil a

Released : 01/06/2009 13:18

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20090601:RnsA0407T
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RNS Number : 0407T  
  
M&C Saatchi PLC  
  
01 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 
395,735 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 15% of the share capital of M&C Saatchi Sport & 
Entertainment Ltd, a UK group subsidiary of the Company. Following this 
acquisition, M&C Saatchi holds 92.19% 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 3 
June 2009. The total number of ordinary shares in issue following admission of 
the New Shares will be 61,915,454. Of this total, 700,000 ordinary shares are 
held in treasury.  
Therefore, the total number of ordinary shares with voting rights will be 
61,215,454.  
  
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  
  
  END