Member Info for NigeCo

This morning someone sold 120,000 shares, just 3 minutes later someone bought 118,500 shares. This is going higher.

Looks like someone is buying hard this week. Whenever there is a large sell, someone takes them.

UT 300k X2

Just taking a look back at S4 Capitals largest institutional shareholders 1st largest Franklin Resources & 5th largest Third Avenue Management. Source of information Bloomberg.

Franklin Resources S4 Capital Shareholding....

Q3/2022 1,883,184

Q4/2022 21,073,695

Q1/2023 35,229,516

Q2/2023 39,359,214

Q3/2023 73,871,600

Q4/2023 67,137,650

Q1/2024 60,339,396

Third Avenue Management S4 Capital Shareholding....

Q3/2022 13,649,201

Q4/2022 15,092,662

Q1/2023 16,060,732

Q2/2023 18,519,996

Q3/2023 22,787,974

Q4/2023 31,525,722

Q1/2024 27,082,199

Q4/2023 22,787,974

"There would have been many discussions regarding the level at which the options were payable.. and this was the number they came up with"

Yes, the incentive is there to see priced at 200p regarding the share options.

Yes, I was aware of the recent share options, but that is only for two directors, plus there are no guarantees that we will see £2 per share again.

I know that S4 directors already own a large slice of the S4 pie, but I'm surprised that they haven't averaged down at this gift of a share price.

IMO, S4 should be trading at least 1X sales @175p.

@58p

Noticed a couple of quite large trades so far..... Buy 118,500 shares...... Sell 120,000 shares

1pencil, while I don't disagree with you, S4 has only purchased 6m shares, a drop in the ocean. S4 need to ramp this up this year to take advantage of the weak share price.

"or a recommendation to vote on a small divi"

I hope that S4 don't pay a dividend, I would be happy if all spare cash was to be used to buy back shares. S4 issued shares for M&A mostly @420p, buy them back today @52p. It's a screaming no brainer. All shareholders would benefit. S4 need to get the the share price back to 420p so that S4 can restart M&A for further growth. IMO.

1msn, just out of interest do you still own 2m shares, or did you cash some in after last weeks 26% rise?

"96p by Mid May certainly a good possibility ...."

I don't think so, not unless there's a takeover bid. I hope that I'm wrong.

96p by year end, may be, depending on results and future outlook.

55.45 +4p 7.77%

Auction 55p

Pokerchips, did you watch S4 Capitals Annual results presentation?

Looking at Morning star data, Third Avenue Management have been large buyers in S4 Capital increasing their holding by 17,617,896 total holdings 61,784,281 10.7% on 31/3/2024.

Looking back on 5/3/24 Bloomberg reported that Franklin Resources owned 67,135,509m 11.60%

Considering that S4 Capital management tuned down offers, one offer said to be around $700m (£555m) 96p per share. I think that the share price should be trading around this offer price.

Source of information Bloomberg.

https://i.postimg.cc/hjTFMpn3/SFOR-ownership.png