Issue of Equity - Clear Ideas

RNS Number : 0417W

M&C Saatchi PLC

05 June 2008

 



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

Deferred consideration 

In accordance with the Clear Ideas Ltd sale and purchase agreement the Company has applied for admission to trading on AIM of 466,867 new Ordinary Shares. These new Ordinary Shares will rank pari passu with the existing ordinary Shares of 1p each in the Company. The new Ordinary Shares are expected to be admitted to trading on AIM on 10 June 2008. 

The total number of Ordinary Shares in issue following this issue of shares will be 60,982,977. Of this total, 700,000 Ordinary Shares are held in treasury. 

Therefore, the total number of Ordinary Shares with voting rights will be 60,282,977. 

The above figure of 60,282,977 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

 

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