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Pin to quick picksM&C Saatchi Share News (SAA)

Share Price Information for M&C Saatchi (SAA)

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Share Price: 205.00
Bid: 203.00
Ask: 205.00
Change: 1.00 (0.49%)
Spread: 2.00 (0.985%)
Open: 205.00
High: 205.00
Low: 201.00
Prev. Close: 204.00
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AIM WINNERS & LOSERS: Judges recovers; M&C Saatchi loses some steam

Fri, 07th Jan 2022 11:14

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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SDI Group PLC, up 5.5% at 211.00 pence, 12-month range 106.50p-220.00p. The Cambridge-based medical technology firm acquires Scientific Vacuum Systems Ltd, a UK manufacturer of physical vapour deposition equipment, for GBP4.9 million. SVS bolsters SDI's Sensors & Controls division. The acquisition is expected to be immediately earnings enhancing, SDI says.

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Judges Scientific PLC, up 3.5% at 8,467.00 pence, 12-month range 5,700.00p-8,800.00p. The scientific instrument sector investor hails 2021 as a "year of recovery" from the worst impact of the pandemic. Organic order intake surges 25% in 2021 and is up 8.5% versus 2019. Judges expects adjusted earnings per share to top market forecasts of 209.7 pence.

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AIM - LOSERS

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M&C Saatchi PLC, down 7.4% at 194.50p, 12-month range 84.75p-210.00p. Shares fall after acquisition vehicle AdvancedAdvT Ltd says it is exploring a "share-exchange merger" with the London-based ad agency. M&C Saatchi shares still have risen 15% so far in 2022. The stock had jumped 11% on Thursday when takeover discussion were first confirmed by M&C Saatchi. Shares in AdvancedAdvT are suspended as the deal would constitute a reverse takeover.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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UPDATE 3-Ad group M&C Saatchi rejects takeover offer from top shareholder

(Adds AdvancedAdvT's response)By Kate HoltonLONDON, Jan 7 (Reuters) - M&C Saatchi said on Friday it did not see much merit in a possible all-share takeover instigated by its biggest investor, after software entrepreneur Vin Murria outlined plans f...

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UPDATE 2-M&C investor Murria proposes all share merger

(Adds M&C reaction)By Kate HoltonLONDON, Jan 7 (Reuters) - M&C Saatchi said on Friday it did not see much merit in a possible all share takeover instigated by its biggest investor, after software entrepreneur Vin Murria outlined plans for a tie up...

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UPDATE 1-M&C investor Murria proposes all share merger

(Adds details, shares)LONDON, Jan 7 (Reuters) - The biggest shareholder of M&C Saatchi, who has indicated she wants to buy the British advertising group, set out plans on Friday for an all share exchange merger with her acquisition vehicle, disapp...

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