M&C Saatchi Share News (SAA)

DIRECTOR DEALINGS: M&C Saatchi incoming Chair Byng-Thorne buys shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

M&C Saatchi sees annual profit plunge but resumes dividend payments

(Alliance News) - Shares in M&C Saatchi PLC were 3.3% lower at 177.53 pence on Tuesday afternoon in London, despite the company reporting record revenue and headline profit for 2022, as its statutory pretax profit figure plunged.

M&C Saatchi hires interim CFO Bruce Marson into permanent role

(Alliance News) - M&C Saatchi PLC on Wednesday appointed interim Chief Financial Officer Bruce Marson into the permanent role.

M&C Saatchi appoints Zillah Byng-Thorne as chair

(Sharecast News) - Advertising agency M&C Saatchi said on Thursday that it has appointed Zillah Byng-Thorne, the outgoing boss of media group Future, as its new chair.

IN BRIEF: M&C Saatchi taps departing Future CEO Byng-Thorne as chair

M&C Saatchi PLC - London-based advertising agency - Hires Zillah Byng-Thorne as board chair, replacing Gareth Davis at the company's annual general meeting in June. Byng-Thorne is the long-serving chief executive officer of magazine publisher Future PLC, but she is leaving that post on Friday. She also is set to be chair of website reviews platform Trustpilot Group PLC, starting on Monday.

M&C Saatchi to name Zillah Byng-Thorne as chair - report

(Sharecast News) - Advertising agency M&C Saatchi has reportedly lured one of Britain's top media executives as its next chair.

M&C Saatchi shares rise as announces five-year growth plan

(Alliance News) - M&C Saatchi PLC on Wednesday announced its five-year plan, announcing new financial targets for 2022 to 2027.

TRADING UPDATES: M&C Saatchi sees revenue rise; Angus extends drilling

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

M&C Saatchi delivers record FY performance

(Sharecast News) - Advertising firm M&C Saatchi said on Tuesday that it had delivered a "record performance" in 2022, in line with expectations.

DIRECTOR DEALINGS: Darktrace CTO and outgoing Grafton CEO sell shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:

IN BRIEF: Next 15 looks to future with confidence as ends M&C pursuit

Next Fifteen Communications Group PLC - London-based digital marketing firm - Voters at court meeting do not accept Next Fifteen's bid to buy London-based advertising agency M&C Saatchi PLC. M&C says over 89% of voters decide against the proposal. The outcome was expected. "As a result of the failure to pass the required resolution at the M&C Saatchi reconvened court meeting, the scheme has lapsed and the acquisition of M&C Saatchi PLC by Next 15 has terminated," Next 15 says. Company adds: "Next 15 will always maintain pricing discipline when pursuing its M&A strategy, which may result in certain transactions not proceeding. The board remains highly confident in the Next 15 group's future prospects."

Next Fifteen ends bid for M&C Saatchi

(Sharecast News) - Next Fifteen said on Monday that it has terminated its bid for advertising firm M&C Saatchi after failing to get shareholder support.

Next Fifteen not hopeful of winning over M&C Saatchi shareholders

(Alliance News) - Next Fifteen Communications Group PLC on Tuesday said its own shareholders backed the acquisition of M&C Saatchi PLC, though it expects the advertising company's investors to reject it when they have their say later this month.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Next Fifteen says M&C Saatchi offer will not be approved

Next Fifteen Communications Group PLC - London-based digital marketing firm - Admits that takeover offer for London-based advertising agency M&C Saatchi PLC is unlikely to be approved by M&C Saatchi shareholders at a general meeting called for October 31. London-listed takeover vehicle AdvancedAdvT Ltd and its chair Vin Murria, who together hold 22% of M&C Saatchi shares, are bound to vote against the scheme, due to a previous statement, Next 15 notes. AdvancedAdvT's rival offer for M&C Saatchi lapsed at the end of last month. While the board of M&C Saatchi at first had favoured Next Fifteen's offer, a decline in the Next Fifteen share price caused the M&C Saatchi board in June to withdraw support for the offer, which was a mix of cash and shares.