Last checked at 29 May 2019 15:02
29 May 2019
S4Capital plc(the "Company")
Result of Annual General Meeting
S4Capital plc (SFOR.L), the new era digital advertising and marketing services company, announces that at the Company's Annual General Meeting held earlier today, the resolutions proposed at the meeting were duly passed on a show of hands and without amendment.
The total number of proxy votes received on each resolution is as follows:
Resolution | For | % of votes cast | Against | % of votes cast | Votes cast as a % of Issued Share Capital | Withheld | |
1. | To receive the reports of the Directors and the Auditors and the audited accounts | 255,755,758 | 100% | 0 | 0.00% | 70.26% | 0 |
2. | To approve the Directors' Remuneration Report | 244,715,363 | 99.98% | 60,300 | 0.02% | 67.24% | 10,980,095 |
3. | To approve the Directors' Remuneration Policy | 224,366,978 | 99.97% | 60,300 | 0.03% | 61.65% | 31,328,479 |
4. | To elect Sir Martin Sorrell | 255,755,758 | 100% | 0 | 0.00% | 70.26% | 0 |
5. | To elect Victor Knaap | 255,755,520 | 99.9999% | 238 | 0.0001% | 70.26% | 0 |
6. | To elect Wesley ter Haar | 255,755,520 | 99.9999% | 238 | 0.0001% | 70.26% | 0 |
7. | To elect Peter Kim | 255,749,520 | 99.9999% | 238 | 0.0001% | 70.26% | 6,000 |
8 | To elect Christopher S. Martin | 255,755,520 | 99.9999% | 238 | 0.0001% | 70.26% | 0 |
9. | To elect Peter Rademaker | 255,755,520 | 99.9999% | 238 | 0.0001% | 70.26% | 0 |
10. | To elect Paul Roy | 255,755,520 | 99.9999% | 238 | 0.0001% | 70.26% | 0 |
11. | To elect Rupert Faure Walker | 255,749,520 | 99.9999% | 238 | 0.0001% | 70.26% | 6,000 |
12. | To elect Susan Prevezer | 255,755,520 | 99.9999% | 238 | 0.0001% | 70.26% | 0 |
13. | To elect Daniel Pinto | 255,755,520 | 99.9999% | 238 | 0.0001% | 70.26% | 0 |
14. | To re-appoint PricewaterhouseCoopers LLP as Auditors of the Company | 255,749,520 | 99.998% | 6,238 | 0.002% | 70.26% | 0 |
15. | To authorise the Directors to determine the remuneration of the Auditors | 255,755,758 | 100% | 0 | 0.00% | 70.26% | 0 |
16. | To authorise the Directors generally to issue Ordinary Shares | 255,755,758 | 100% | 0 | 0.00% | 70.26% | 0 |
17. | To authorise the Directors to issue Ordinary Shares in connection with the Company's long-term incentive scheme | 226,223,978 | 99.97% | 75,300 | 0.03% | 62.17% | 29,456,479 |
18. | To authorise the disapplication of preemption rights generally | 255,732,520 | 99.99% | 21,000 | 0.01% | 70.26% | 2,238 |
19. | To authorise the disapplication of preemption rights in connection with a specified acquisition or capital investment | 255,732,520 | 99.99% | 21,000 | 0.01% | 70.26% | 2,238 |
20. | To authorise the disapplication of pre-emption rights to facilitate pro-rata offers to overseas shareowners | 255,732,520 | 99.99% | 21,000 | 0.01% | 70.26% | 2,238 |
21. | To authorise the Company to purchase its own shares | 255,755,758 | 100% | 0 | 0.00% | 70.26% | 0 |
22. | To enable the Company to call General Meetings, other than an Annual General Meeting, on reduced notice | 255,753,449 | 99.999% | 2,309 | 0.0009% | 70.26% | 0 |
Enquiries to:
S4Capital plc | +44 (0)20 3793 0003 |
Sir Martin Sorrell, Executive Chairman | |
Powerscourt (PR Advisor) | +44 (0)20 3328 9386 |
Elly Williamson/Jack Shelley |
About S4Capital
S4Capital plc (SFOR.L) is a new age/new era digital advertising and marketing services company established by Sir Martin Sorrell in May 2018.
Its strategy is to build a purely digital advertising and marketing services business for global, multi-national, regional, local clients and millennial-driven influencer brands. This will be achieved initially by integrating leading businesses in three areas: first party data, digital content, digital media planning and buying, along with an emphasis on "faster, better, cheaper" executions in an always-on consumer-led environment, with a unitary structure.
Digital is by far the fastest-growing segment of the advertising market. S4Capital estimates that in 2017 digital accounted for approximately 40 per cent. or $200 billion of total global advertising spend of $500 billion (excluding about $400 billion of trade support, the primary target of the Amazon advertising platform), and projects that by 2022 this share will grow to approximately 55 per cent.
S4Capital integrated with MediaMonks, the leading, Advertising Age A-listed creative digital content production company, led by Victor Knaap and Wesley ter Haar, in July 2018, and with MightyHive, the market-leading programmatic solutions provider for future thinking marketers and agencies, led by Peter Kim and Christopher S. Martin, in December 2018.
Victor, Wesley, Pete, Christopher and Peter Rademaker (formerly Chief Financial Officer of MediaMonks, now Chief Financial Officer of S4Capital), all joined the S4Capital Board as Directors. The S4Capital Board also includes Rupert Faure Walker, Daniel Pinto, Sue Prevezer and Paul Roy.
The company has a market capitalization of approximately £600 million ($760 million) and approximately 1,300 people in 18 countries, across the Americas, Europe, the Middle-East and Africa and Asia-Pacific.
Sir Martin was CEO of WPP for 33 years, building it from a £1 million "shell" company in 1985 into the world's largest advertising and marketing services company with a market capitalization of over £16 billion on the day he left. Prior to that he was Group Financial Director of Saatchi & Saatchi Company plc for 9 years.