Member Info for Beamer21

raise be traded before 27/9?

https://risk.lexisnexis.com/insurance/auto

Woo hoo!

Cannacord have bought at 117p (11.7p) through the S4 fundraise and circa 16p (160p) in the last couple of days via Derriston - I assume they see S4 as a good proposition for the future

The lock in arrangements reduce the free float considerably

Stuffee

The 10p I refer to is the Derriston IPO price in December 2016

Whether you buy in now it’s immaterial, all you have to do is consider if your buy in price represents what you consider to be fair value in S4 moving forward

Cannacord must now be holding close to 10% in S4 following today’s increase

Skier1

You have to look at Derriston and S4 as a whole as they become one subject to voting on 28/9

None of the big players have sold out.Some have simply cashed in some profit on shares bought in the Dec 16 IPO but are also holding S4 - look at Nigel Wrays holding in S4 for example

Big is not always best and to make visible changes when you’re a behemoth like WPP takes time - SMS is now creating a more agile, digital group and the founders of MediaMonks are instrumental in creating the S4 collaborative vision and strategy

SMS has attracted big funding with the promise of more and I have no reason to doubt that clients will move across to S4

I suspect the fundraise price of 117p won’t hang around for long post 28/9

Everyone has to make their own decision but I’m in

I’ve no idea what S4 will open up at on 28/9 however what I do know is that SMS is not planning to hang about therefore I think we are likely to receive news of other acquisitions fairly rapidly.

The lock in arrangements bode well and indicate that value is coming to those that wait

roughly 24,278,990 shares in S4 - I’ve consolidated the Derriston purchase detailed in today’s RNS

They had previously bought 23,963,615 in the S4 fundraise in addition to their Derriston holding

here - some people need to read the prospectus etc before making incorrect statements particularly section B6 and understand the changes in issued share structure

S4 will be huge

Anyone concerned by early investors such as as Nigel Wray selling out of Derriston should take a look at section B6 of the prospectus Remember from 28/9 Derriston becomes S4 subject to voting Nigel Wray has actually increased his investment in S4 They’re just profiting on their initial 10p investment in Derriston at say 16p having bought into S4 at 117p which is 11.7p in Derriston pre 28/9 https://www.derristoncapital.co.uk/DERR-Prospectus.pdf

Some investors/institutions who bought Derriston in the Dec 16 placing paying 10p sold in the last couple of days profiting at say 18p but have participated in the S4 fundraise at 117p which is 11.7p in current Derriston money Regardless, anyone buying now will make money imo in the long term as SMS is on the war path Interesting to see what S4 opens at on 28/9, my guess is that further acquisitions are on their way and we will quickly breach 200p

Some heavy weight investors reorganising their holdings in Derriston but look at what they’ve subscribed for in the new vehicle S4 Capital - read B.6 in the prospectus Derriston effectively becomes S4 on 28/9 with MCAP circa £300m following MediaMonks acquisition S4 shares issued/funds raised at 117p (11.7p in current money) Derriston IPO was 10p December 2016 Important to read across and view the holdings separately

Draft - I believe that the fundraise was completed at £1.17 but I expect it to head north quickly on 28/9

I’m holding long here as Sorrell is a man on a mission

Draft - spot on

Actually this is an excellent opportunity whether you trade short term or hold long term Martin Sorrell building a company to rival WPP

Old info

So, it appears there is a buyer building a position in 5k increments

any profit taking is promptly bought into ahead of next weeks results and update

19th September