15 June 2023
M&C SAATCHI PLC
(the "Company" or "M&C Saatchi")
Confirmation of Director Appointments
Further to its announcement on 30 March 2023, the Company confirms, following the Annual General Meeting yesterday, the appointments of Zillah Byng-Thorne to the Board of M&C Saatchi as independent Non-Executive Chair and Chris Sweetland as a Non-Executive Director to the Board of M&C Saatchi with immediate effect.
Zillah brings a wealth of experience across media and technology businesses, including having most recently been Chief Executive Officer of Future plc. She is currently Chair of Trustpilot Group plc and has served on the Boards of Flutter Entertainment plc, GoCompare and Auto Trader.
Chris will serve as a representative of AdvancedAdvT Limited and Vin Murria who hold in aggregate 27,237,985 ordinary shares in the Company, representing 22.2 per cent. of the Company's issued share capital. Accordingly, Chris will not be considered to be independent. Chris was previously the Deputy Group Finance Director of WPP Group and is currently a Non-Executive Director at TPX Holdings plc and Unlimited Marketing Group, a private equity-owned marketing services group. Chris will be entitled to remain on the Board provided AdvancedAdvT Limited and Vin Murria retain an aggregate interest of at least 11.5 per cent. of the Company's issued share capital.
In accordance with Schedule 2 (g) of the AIM Rules for Companies, Zillah Byng-Thorne (aged 48 years) and Christopher Sweetland (aged 68 years) hold/have held the following directorships/partnerships in the last five years:
| Zillah Byng-Thorne | |
| | |
| Current directorships/partnerships | Previous directorships/partnerships (last five years) |
| Ballast Group Holdings Limited trading as | A&S Publishing Company Limited |
| CarTrawler | Ascent Publishing Limited |
| Globalwebindex Holdings Limited | Barcroft Media Limited |
| Norwegian Cruise Line Holdings Ltd | Barcroft Productions Limited |
| The Surelight Project Limited | Barcroft Studios Limited |
| Trustpilot Group Plc | Broadleaf Us Bidco Inc. |
| | Business Energy Online Limited |
| | Byng & Mckenzie Consultants Ltd |
| | Centaur Consumer Exhibitions Limited |
| | Circlesix Media Inc. |
| | Clique Brands UK Limited |
| | Comary Inc |
| | CTW Media Limited |
| | Dennis Interactive Limited |
| | Dennis Interactive, Inc. |
| | Dennis Publishing Limited |
| | Energylinx For Business Limited |
| | Energylinx For Business Trading Limited |
| | Energylinx Limited |
| | Etihad Topco Limited |
| | Euphoria Holdings Limited |
| | First Post Newsgroup IPR Limited |
| | Flutter Entertainment Public Limited Company |
| | Future Creative Media (Canada) Ltd |
| | Future Holdings 2002 Limited |
| | Future New1 Limited |
| | Future Plc |
| | Future Publishing (Overseas) Limited |
| | Future Publishing Holdings Limited |
| | Future Publishing Limited |
| | Future Publishing s.r.o. |
| | Future TopCo Limited |
| | Future US, Inc |
| | Future Verlag GmbH |
| | Futurefolio Limited |
| | Gio Compario Limited |
| | Go Compare Limited |
| | GoCo Group Limited |
| | GoCo Limited |
| | GoCompare.Com Finance Limited |
| | GoCompare.Com Limited |
| | I Feel Good (Holdings) Limited |
| | Look After My Bills Ltd |
| | Maxza Enterprises Limited |
| | MCV Media UK Limited |
| | Mobile Entertainment Limited |
| | Mozo Pty Ltd |
| | Newbay Media Europe Limited |
| | Newbay Media UK Holdco Limited |
| | Pricepanda Group GmbH |
| | Professional Publishers Association Ltd |
| | Sapphire Bidco Limited |
| | Sapphire Holdco Limited |
| | Sapphire Midco Limited |
| | Sapphire Topco Limited |
| | Sarracenia Limited |
| | Shortlist Media Limited |
| | Smartbrief LLC |
| | The Global Voucher Group Limited |
| | The Kiplinger Washington Editors, Inc. |
| | The Week Limited |
| | The Week Publications, Inc. |
| | THG Plc |
| | This Is The Big Deal Inc |
| | This Is The Big Deal Limited |
| | Three PM Limited |
| | TI Media Limited |
| | Waive Ltd |
| | What Culture Limited |
| | |
| | |
| | |
| Christopher Sweetland | Previous directorships/partnerships (last five years) |
|
| N/A |
| Current directorships/partnerships | |
| Riverside Quarter Residents Association Limited |
|
| TPXImpact Holdings plc | |
| Unlimited Marketing Group Ltd | |
| Wandsworth Central Properties Limited | |
Zillah was a director of CTW Media Limited, MCV Media UK Limited, and Mobile Entertainment Limited (the "Companies") when each entered into creditors voluntary liquidations on 9 March 2018. The Companies were subsequently dissolved in October 2018.
Zillah holds 143,536 ordinary shares in the Company representing 0.12% of the Company's issued ordinary share capital. Chris holds 25,000 ordinary shares in the Company representing 0.02% of the Company's issued ordinary share capital.
Zillah and Chris hold no options over ordinary shares in the Company.
There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.
For further information please call:
| M&C Saatchi plc | +44 (0)20-7543-4500 |
| Zillah Byng-Thorne, Chair Moray MacLennan, Chief Executive Officer | |
| Numis Securities | +44 (0)20-7260-1000 |
| Nick Westlake, Iqra Amin | |
| Liberum, NOMAD | +44 (0)20-3100-2000 |
| Max Jones, Benjamin Cryer, Will King | |
| Brunswick | +44 (0)207-404-5959 |
| Sumeet Desai, Andrew Porter, Kate Pope | |
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