RNS Number : 4750R
S4 Capital PLC
06 June 2024
 

S4Capital plc

("S4Capital" or "the Company")

Results of 2024 Annual General Meeting

S4Capital plc (SFOR.L), announces that following its Annual General Meeting ("AGM") held at 15 Bonhill Street, London EC2A 4DN and virtually on 6 June 2024 at midday, all the proposed resolutions were duly passed by shareowners by way of a poll.  Resolutions 1 to 7 and 9 to 15 were passed as ordinary resolutions.  Resolutions 16 to 20 were passed as special resolutions.  Resolution 8 was withdrawn. 

 

The total number of votes cast on the poll for each resolution (the full text of the resolutions is detailed in the notice of the AGM dated 8 May 2024) is set out below.

  

Resolution

Votes For

% of votes cast

Votes Against

% of votes cast

Total Cast

Withheld

1. To receive the 2023 annual report and accounts

252,873,695

99.98%

46,497

0.02%

252,920,192

91,652

2. To approve the Directors' Remuneration Report

228,268,961

90.28%

24,577,121

9.72%

252,846,082

165,762

3. To re-elect Sir Martin Sorrell as a Director

223,580,368

94.35%

13,401,178

5.65%

236,981,546

16,050,298

4. To re-elect Daniel Pinto as a Director

247,433,436

97.85%

5,445,525

2.15%

252,878,961

132,883

5. To re-elect Elizabeth Buchanan as a Director

251,910,206

99.61%

994,208

0.39%

252,904,414

107,430

6. To re-elect Margaret Ma Connolly as a Director

247,434,821

97.84%

5,470,622

2.16%

252,905,443

106,401

7. To re-elect Mary Basterfield as a Director

250,055,144

98.88%

2,833,223

1.12%

252,888,367

123,477

8. To re-elect Naoko Okumoto as a Director

Resolution withdrawn

9. To re-elect Peter Miles Young as a Director

247,468,031

97.85%

5,446,519

2.15%

252,914,550

97,294

10. To re-elect Rupert Faure Walker as a Director

251,932,354

99.61%

982,089

0.39%

252,914,443

97,401

11. To re-elect Susan Prevezer as a Director

251,913,585

99.60%

1,001,858

0.40%

252,915,443

96,401

12. To re-elect Colin Day as a Director

251,968,241

99.62%

966,146

0.38%

252,934,387

97,457

13. To re-appoint PricewaterhouseCoopers LLP as auditors

252,683,801

99.92%

205,719

0.08%

252,889,520

122,324

14.To authorise the Directors to fix the remuneration of the auditors

252,297,036

99.77%

579,684

0.23%

252,876,720

135,124

15. To authorise the Directors generally to allot ordinary shares

246,754,547

97.60%

6,077,586

2.40%

252,832,133

179,711

16.To authorise the disapplication of pre-emption rights generally

218,130,194

86.39%

34,362,405

13.61%

252,492,599

512,245

17. To authorise the disapplication of pre-emption rights in connection with a specified acquisition or capital investment

214,129,025

84.69%

38,697,432

15.31%

252,826,457

178,387

18. To authorise the disapplication of pre-emption rights to facilitate pro-rata offers to overseas shareowners

209,840,351

83.11%

42,647,174

16.89%

252,487,525

517,319

19. To authorise the Company to purchase its own shares

251,217,062

99.32%

1,708,753

0.68%

252,925,815

86,029

20. To enable the Company to call general meetings, other than an Annual General Meeting, on reduced notice

244,412,859

96.63%

8,514,018

3.37%

252,926,877

84,967

 

Notes:

(1)  The "for" votes include those giving the Chairman discretion.

(2)  Total votes "for" and "against" are expressed as a percentage of the total votes cast.

(3)  A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.

(4)  Issued Share Capital: 596,916,764 ordinary shares.

 

The above poll results will shortly be available on the website. In accordance with Listing Rule 9.6.2 a copy of the resolutions, other than those concerning ordinary business of the Company, will be submitted to the FCA and will in due course be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

Enquiries

S4Capital plc      

Tel: +44 (0)20 3793 0003

Sir Martin Sorrell, Executive Chairman

Powerscourt (PR adviser to S4Capital plc)

Tel: +44 (0)7970 246 725

Elly Williamson/ Pete Lambie 

 

About S4Capital

S4Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising, marketing and technology services company, established by Sir Martin Sorrell in May 2018.

Our strategy is to build a purely digital advertising and marketing services business for global, multinational, regional, and local clients, and millennial-driven influencer brands. This will be achieved by integrating leading businesses in three practices: Content, Data&digital Media and Technology Services, along with an emphasis on 'faster, better, cheaper, more' execution in an always-on consumer-led environment, with a unitary structure.

The S4Capital Board includes Rupert Faure Walker, Daniel Pinto, Sue Prevezer, Elizabeth Buchanan, Margaret Ma Connolly, Miles Young and Colin Day as Non-Executive Directors.

The Company now has approximately 7,600 people in 32 countries with approximately 80% of net revenue across the Americas, 15% across Europe, the Middle East and Africa and 5% across Asia-Pacific. The longer-term objective is a geographic split of 60%:20%:20%. Content currently accounts for approximately 60% of net revenue, Data&digital Media 25% and Technology Services 15%. The long-term objective for the practices is a split of 50%:25%:25%.

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 capitalisation of over £16 billion on the day he left. Prior to that Sir Martin was Group Financial Director of Saatchi & Saatchi Company Plc for nine years.

 

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