SFOR in DAILY MAIL31 Mar 2022 10:39
Sir Martin Sorrell’s S4 Capital advertising agency crashes 36% after PwC refused to sign off its results
By DAILY MAIL CITY & FINANCE REPORTER
PUBLISHED: 21:51, 30 March 2022 | UPDATED: 21:51, 30 March 2022
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Sir Martin Sorrell has had more than £90million wiped off the value of his S4 Capital stake after PwC refused to sign off its results.
S4 said PwC was unable to complete ‘the work necessary’ for it to publish its full year results today.
More than £950million was wiped off S4’s value as shares tumbled 35.7 per cent, or 172p, to 310p.