M&C Saatchi Plc
Announcement of cancellation of shares
23 January 2014
Following the announcement of the Results of the Tender Offer on 16 January 2014, the Board of M&C Saatchi plc today announces the completion of the exercise of the Option under the Repurchase Agreement and the cancellation of 6,337,800 Ordinary Shares.
The total number of Ordinary Shares in issue after the cancellation of these Ordinary Shares will be 62,701,193. 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 62,001,193.
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
Terms used but not defined in this announcement have the same meaning given to them in the circular.
For further information:
M&C Saatchi Plc |
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Andy Blackstone, Company Secretary |
Tel: +44 (0)20 7544 3693 |
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www.mcsaatchiplc.com |
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Numis Securities Limited |
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Nick Westlake (NOMAD) |
Tel: +44 (0)20 7260 1000 |
Charles Farquhar |
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