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AdvancedAdvT Limited acquired 12,000,000 ordinary shares in M&C SAATCHI PLC for a price of £2.00 per share. This transaction represents approximately 9.82% of the current issued share capital of M&C SAATCHI PLC.
| Date | 5 Jan 2022 |
| Time | 09:47:28 |
| Category | Acquisitions and alliances |
| ID | 5080X |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.
LEI: 254900WYO35S1T334A28
AdvancedAdvT Limited
(the "Company")
Acquisition of shareholding in M&C SAATCHI PLC
The Board of AdvancedAdvT Limited (LSE:ADVT) confirms that the Company has acquired 12,000,000 ordinary shares of M&C SAATCHI PLC for a price of £2.00 per share, representing c.9.82 per cent. of the current issued share capital of M&C SAATCHI PLC, viewing this as a good investment opportunity.
Enquiries:
Company Secretary
Antoinette Vanderpuije 020 7004 2743
Meare Consulting
Adrian Duffield 07990 858548
Further information on the Company can be found on its website at www.advancedadvt.com. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website or any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a regulatory information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.