Issue of Shares
Issue of 17.2m deferred consideration shares for XX Artists acquisition completing.
- Deferred consideration shares 17,203,609 ordinary shares of 25 pence each
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On 1 July 2022, S4 Capital plc (SFOR.L) announced a combination with social media marketing agency XX Artists, expanding its capabilities and client base in the core US market (the "Transaction"). Pursuant to the terms of the Transaction, the Company has agreed to issue 17,203,609 ordinary shares of 25 pence each in the capital of the Company, credited as fully paid, as a deferred consideration payment (the "Shares").
Applications have been made to the FCA and to the London Stock Exchange for the Shares to be admitted to the equity shares (transition) category of the Official List of the FCA and to trading on the London Stock Exchange's Main Market for listed securities respectively ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 26 September 2025.
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