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

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Future Sale of a share of a subsidiary

14 Jan 2016 09:38

RNS Number : 8033L
M&C Saatchi PLC
13 January 2016
 



 

M&C Saatchi plc ("M&C Saatchi" or the "Company")

 

M&C SAATCHI UK MANAGEMENT TO BUY 30% OF UK AD AGENCY

 

M&C Saatchi, the global marketing services business, announces that it is in discussions regarding the sale of a 30% equity stake in its UK advertising agency ("M&C Saatchi UK") to five members of the current management team of M&C Saatchi UK (the "transaction"). The five directors are Chairman Tim Duffy, CEO Tom Bazeley, Chief Creative Officer Justin Tindall, Chief Strategy Officer Gaby Bell and Managing Director Tom Firth. There is no guarantee that this transaction will occur and will be subject to certain conditions.

 

Further announcements will be made as and when appropriate and disclosure will be made as appropriate in accordance with Rules 12 and 13 of the AIM Rules.

 

Ends

 

This information is provided by RNS
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END
 
 
DISSFUFWDFMSESF
Date   Source Headline
1st Jul 20229:10 amRNSForm 8.5 (EPT/RI)
1st Jul 20226:28 amGNWForm 8.5 (EPT/RI) - M&C Saatchi plc
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30th Jun 20222:43 pmRNSForm 8.3 - M&C SAATCHI
30th Jun 20222:09 pmRNSResult of Annual General Meeting
30th Jun 202210:42 amRNSForm 8.5 (EPT/RI)
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29th Jun 20229:48 amRNSForm 8.5 (EPT/RI)
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23rd Jun 202211:42 amRNSForm 8.3 - M&C Saatchi plc
23rd Jun 202210:51 amRNSForm 8.5 (EPT/RI)
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22nd Jun 20223:49 pmRNSForm8.3-Next Fifteen Communications Group plcAmend
22nd Jun 20223:15 pmRNSForm 8.3 - M&C SAATCHI PLC
22nd Jun 20223:01 pmGNWForm 8.3 - Octopus Investments - M&C Saatchi plc
22nd Jun 20222:30 pmRNSForm 8.3 - Next Fifteen Communications Group plc
22nd Jun 20221:02 pmRNSForm 8.3 - M&C Saatchi plc
22nd Jun 20229:26 amRNSForm 8.5 (EPT/RI)
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21st Jun 20222:09 pmRNSForm 8.3 - M&C SAATCHI
21st Jun 20229:39 amRNSForm 8.5 (EPT/RI)
20th Jun 20222:14 pmRNSForm 8.3 - M&C SAATCHI PLC
20th Jun 202211:37 amGNWForm 8.3 - M&C Saatchi
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17th Jun 202210:09 amRNSPublication of Circular and Notice of GM
17th Jun 20229:52 amRNSForm 8.5 (EPT/RI)
17th Jun 20227:00 amRNSScheme Document & Recommendation of MCS Directors

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