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Share Price Information for M&C Saatchi (SAA)

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Share Price: 203.00
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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24 Jan 2022 12:47

UPDATE: M&C Saatchi says improved AdvancedAdvT offer undervalues it

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24 Jan 2022 11:15

M&C Saatchi rejects partial cash takeover offer from AdvancedAdvT

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24 Jan 2022 11:02

M&C Saatchi rejects increased offer from suitor

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LONDON BRIEFING: M&C Saatchi rejects improved takeover offer

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UPDATE 3-M&C Saatchi rejects improved offer from top shareholder

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UPDATE 2-M&C Saatchi rejects fresh offer from top shareholder

(Adds detail)LONDON, Jan 24 (Reuters) - Advertising group M&C Saatchi has rejected a fresh takeover approach from the acquisition vehicle of its top shareholder Vin Murria.Murria's AdvancedAdvT said on Monday that it had floated two options, one a...

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23 Jan 2022 16:14

UPDATE 1-M&C Saatchi suitor AdvancedAdvT makes fresh offer with cash alternative- Sky News

(Adds details from report, and background)Jan 23 (Reuters) - AdvancedAdvT has made a fresh takeover offer for advertising giant M&C Saatchi which includes a partial cash alternative for investors in the British group, Sky News reported https://bit...

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23 Jan 2022 15:11

M&C Saatchi suitor AdvancedAdvT makes fresh offer with cash alternative - Sky News

Jan 23 (Reuters) - AdvancedAdvT, the quoted bid vehicle pursuing a takeover of M&C Saatchi, has made a fresh offer which includes a partial cash alternative for investors in the London-listed advertising group, Sky News reported https://bit.ly/3n...

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21 Jan 2022 09:44

M&C Saatchi notes closed UK FCA investigation; outlook confident

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M&C Saatchi sees FY profits 'materially ahead' as FCA drops probe

(Sharecast News) - Advertising and marketing group M&C Saatchi said on Friday that as a result of "a strong end to the year", it now believes full-year 2021 headline pre-tax profits will be "materially ahead" of previous expectations.

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UPDATE 1-Ad group M&C Saatchi lifts profit outlook, says FCA probe dropped

(Adds details)LONDON, Jan 21 (Reuters) - British advertising group M&C Saatchi raised its 2021 profit outlook on Friday and said an official accounting investigation had closed without any action being taken, in a boost to a firm being circled by ...

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