Additional Listing and Total Voting Rights
Released : 23/09/2011 14:28
RNS Number : 8472O
M&C Saatchi PLC
23 September 2011
M&C Saatchi PLC
23 September 2011
M&C Saatchi PLC ("M&C Saatchi" or "the Company")
Additional Listing and Total Voting Rights
Application has been made to the London Stock Exchange for the Admission of 215,965 new ordinary shares of 1p each in the Company (the "New Shares") to trading on AIM. The New Shares have been issued in part to fulfil options and in part as consideration for additional equity in the following Group subsidiaries:
|
Company |
M&C Saatchi plc shares issued in return |
Share capital acquired in this transaction |
Groups ownership of share capital following transaction |
|
|
|
|
|
|
M&C Saatchi Export Ltd (London) |
58,970 |
2.8% |
100.0% |
|
M&C Saatchi GAD SAS (Paris) |
156,995 |
5.0% |
56.9% |
Admission of the New Shares is expected to become effective on 27 September 2011.
The total number of Ordinary Shares in issue on the date of admission will be 63,529,133. Of this total, 700,000 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares in issue with voting rights will be 62,829,133.
The above figure 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 Disclosure and Transparency Rules.
-ends-
For further information, please contact:
M&C Saatchi plc +44 (0) 207 544 3693
Andy Blackstone, Company Secretary
Numis Securities +44 (0) 207 260 1000
Richard Thomas, NOMAD
Charles Farquhar, Corporate Broking
Tulchan Communications +44 (0) 207 353 4200
Susanna Voyle
Tom Murray
This information is provided by RNS
The company news service from the London Stock Exchange
END