Share Name Share Symbol Market Type Share ISIN Share Description
M&c Saatchi Plc LSE:SAA London Ordinary Share GB00B01F7T14 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 132.00 132.00 133.00 133.50 131.00 131.00 98,386 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 323.2 -8.5 -9.1 - 161

M&C Saatchi PLC Trading Statement

01/06/2021 7:00am

UK Regulatory (RNS & others)

M&c Saatchi (LSE:SAA)
Historical Stock Chart

From May 2021 to Aug 2021

Click Here for more M&c Saatchi Charts.


RNS Number : 3087A

M&C Saatchi PLC

01 June 2021

1 June 2021


(the "Company")

Trading Update and Completion of Financing

Trading Update

Trading in the first four months of the year has been stronger than anticipated. As a result, the Board now believes the financial results for the full year will be ahead of consensus expectations.

New business performance has been robust. New clients range from, the first digital UK Census campaign, to a performance marketing campaign for Tinder across Southeast Asia, to becoming the creative partner for Origin, one of Australia's leading energy companies. New assignments include briefs from Lexus, Reckitt Benckiser, Sonos and Commonwealth Bank.

The Company expects to provide a further update on trading when it reports its results for the year to 31 December 2020 at the end of June 2021.

Completion of Financing

The Company is pleased to announce it has entered into a committed revolving facility agreement with National Westminster Bank Plc and Barclays Bank PLC for up to GBP47,000,000 (the "Facility"). The Facility is provided on a three-year term (with two optional one-year extensions). The Facility replaces the Company's existing GBP33,000,000 revolving credit facility and GBP5,000,000 overdraft which were due to terminate on 30 June 2021.

The Facility provides the Company and its subsidiaries with enhanced liquidity and long-term financing.

The Company's current balance sheet remains strong with net cash of GBP30,000,000.

For further information please call:

 M&C Saatchi Plc                                           +44 (0)20-7543-4500 
 Moray MacLennan, Mickey Kalifa 
 Tulchan Communications                                    +44 (0)20-7353-4200 
 Tom Murray, Matt Low 
 Numis Securities                                          +44 (0)20-7260-1000 
 Nick Westlake, Hugo Rubinstein, 
  Charles Farquhar, Corporate 
 Liberum                                                   +44 (0)20-3100-2000 
 Neil Patel, Richard Bootle, 
  Edward Phillips, Will King 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

June 01, 2021 02:00 ET (06:00 GMT)

1 Year M&c Saatchi Chart

1 Year M&c Saatchi Chart

1 Month M&c Saatchi Chart

1 Month M&c Saatchi Chart
ADVFN Advertorial
Your Recent History
M&c Saatch..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210802 00:35:21