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

Share Price Information for M&C Saatchi (SAA)

London Stock Exchange
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Share Price: 187.00
Bid: 184.00
Ask: 186.50
Change: 0.00 (0.00%)
Spread: 2.50 (1.359%)
Open: 183.50
High: 187.00
Low: 183.50
Prev. Close: 187.00
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IN BRIEF: New M&C Saatchi CEO MacLennan Buys GBP500,000 In Shares

Thu, 04th Feb 2021 15:54

M&C Saatchi PLC - London-based advertising agency - Chief Executive Officer Moray MacLennan buys 561,798 shares at 89.00 pence, worth GBP500,000, on Wednesday. Now has 562,149 shares, a 0.5% stake. MacLennan was named M&C Saatchi's new CEO back in November, starting in the job and joining the board on January 1, as part of leadership shake-up that also saw Gareth Davis promoted to non-executive chair from deputy chair. MacLennan joined Saatchi & Saatchi as a trainee in 1983, leaving to help start M&C Saatchi in 1995. He became Worldwide CEO in 2010.

Current stock price: 96.21 pence

Year-to-date change: up 15%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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26 Sep 2022 15:33

IN BRIEF: M&C Saatchi rejects AdvancedAdvT offer again before deadline

M&C Saatchi PLC - London-based advertising agency - Board continues to unanimously reject takeover offer from AdvancedAdvT Ltd, as Friday deadline for acceptances looms. AdvancedAdvT is M&C Saatchi's largest shareholder, and it is chaired by Vin Murria, a former member of M&C Saatchi's board. Under AdvancedAdvT's offer, shareholders in M&C Saatchi would receive 2.043 new shares in AdvancedAdvT and 40p in cash, or receive 2.530 new AdvancedAdvT shares.

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15 Sep 2022 15:10

AdvancedAdvT urges M&C Saatchi shareholders to accept final offer

(Alliance News) - AdvancedAdvT Ltd on Thursday urged shareholders in M&C Saatchi PLC to accept the final offer made in an acquisition attempt as it issued an update on acceptance levels.

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13 Sep 2022 14:01

IN BRIEF: M&C Saatchi rejects "derisory" AdvancedAdvt takeover offer

M&C Saatchi PLC - London-based advertising agency - Unanimously recommends that M&C Saatchi shareholders reject an offer by AdvancedAdvt Ltd by taking no action in relation to it. Explains that the company has a strong standalone future with record results for 2021, and strong results for the first half of 2022. Further, it believes that the original offer price is to low and fails to reflect its growth and opportunities. Adds that the offer has a high risk of damaging its culture, triggering a talent exodus, and could potentially lead to revenue loss and value destruction.

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13 Sep 2022 10:12

M&C Saatchi reiterates rejection of 'derisory' ADV offer

(Sharecast News) - M&C Saatchi reiterated its rejection on Tuesday of what it called a "derisory" takeover offer from largest shareholder Advanced Advt.

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8 Sep 2022 19:15

AdvancedAdvT ups ante in bid to take control of unwavering M&C Saatchi

(Alliance News) - Advertising agency M&C Saatchi PLC on Thursday once again called on its shareholders to reject a takeover bid by AdvancedAdvT Ltd, after the latter moved to expedite proceedings.

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7 Sep 2022 14:43

CORRECT: M&C Saatchi interim profit plummets on increasing costs

(Correcting net revenue for the first half of 2021.)

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7 Sep 2022 11:10

M&C Saatchi interim profit plummets on increasing costs

(Alliance News) - M&C Saatchi PLC on Wednesday posted a diminished profit for the first half of 2022 despite growing revenue as rising expenses and transaction costs hit.

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7 Sep 2022 10:41

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7 Sep 2022 08:30

Takeover costs weigh on profits at M&C Saatchi

(Sharecast News) - M&C Saatchi reported a slide in half-year profits on Wednesday, after the advertising firm's protracted takeover battles weighed heavily.

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19 Aug 2022 14:30

IN BRIEF: M&C Saatchi adjourns meetings as takeover battle continues

M&C Saatchi PLC - London-based advertising agency - Adjourns meetings which were due to be held on Friday.

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UPDATE: M&C Saatchi nears two final hostile takeover attempts

(Alliance News) - M&C Saatchi PLC on Monday found itself one step closer to two hostile final takeover attempts, to which it has yet to respond.

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Next Fifteen wins UK and Australia approval for M&C Saatchi takeover

(Alliance News) - Next Fifteen Communications PLC on Monday said its acquisition of advertising agency M&C Saatchi PLC has received two key regulatory approvals.

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