SAA

M&c Saatchi Plc

170.00
-0.50 (-0.29%)
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 Shares Traded Last Trade
  -0.50 -0.29% 170.00 811,755 16:35:10
Bid Price Offer Price High Price Low Price Open Price
169.00 171.00 172.00 169.00 169.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Advertising Agencies 462.53 0.09 - - 207.84
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:10 UT 41,716 170.00 GBX

M&c Saatchi (SAA) Latest News

M&c Saatchi (SAA) Discussions and Chat

M&c Saatchi Forums and Chat

Date Time Title Posts
31/5/202305:09SAACHI The story unfolds847
01/7/201102:20canadian stock OIL1

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M&c Saatchi (SAA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-05-31 15:35:10170.0041,71670,917.20UT
2023-05-31 15:27:56171.007041,203.84AT
2023-05-31 15:27:25171.008611,472.31AT
2023-05-31 15:27:25171.00490837.90AT
2023-05-31 15:26:27171.008651,479.15AT

M&c Saatchi (SAA) Top Chat Posts

Top Posts
Posted at 19/4/2023 17:46 by tole
https://masterinvestor.co.uk/equities/small-cap-round-up-pubs-ports-and-steel/M&C Saatchi (LON:SAA) – Liberum Target 260pThis advertising and marketing services group yesterday announced its audited results for the year ended 31 December 2022.The company has delivered another year of record results with its highest ever net revenue, Headline operating profit, Headline profit before tax and Headline earnings.Revenues of £271.1m were 8.7% ahead, while its pre-tax profit was 16.5% better at £31.8m (£27.3m), with earnings 31.9% better at 14.9p per share.The cost of defending itself against a couple of bidders saw net cash fall to £30.0m (£34.4m).The £207m group, which is continuing to win loads of new business, is guardedly optimistic about the current year despite the macroeconomic uncertainties.Its shares, now at 169.5p, are well below the Liberum price objective of 260p, so they could be offering some sizeable upside.
Posted at 01/4/2023 08:26 by x54v
Interesting appointment of Zillah Byng-Thorne as independent Non-Executive Chair.

—-

“Her recruitment is likely to be regarded as a coup by investors.

During her tenure at Future, she oversaw rapid growth in its earnings and share price, transforming it from an 'old media' magazine publisher into a digitally-led group.”

hTTps://news.sky.com/story/m-c-saatchi-looks-to-future-as-byng-thorne-arrives-as-chair-12845479

Posted at 20/2/2023 16:01 by x54v
hTTps://ukinvestormagazine.co.uk/mc-saatchi-broker-says-40-upside-in-advertising-groups-share-price/
Posted at 17/2/2023 15:39 by its the oxman
If a bid comes it will need to be at a decent premium to get support. Meantime perhaps we will consolidate above 200, though more positive news and rises in the share price seem likely.
Posted at 08/2/2023 09:04 by its the oxman
Yes , capital markets day update seems to please. SAA on right track to grow the business and the share price. Return to 200p plus not so far away.
Posted at 27/1/2023 07:37 by tole
Peel Hunt spies margin story at M&C SaatchiPeel Hunt has upgraded M&C Saatchi (SAA) as it believes, despite the problems in advertising, there will be further margin improvement.Analyst Jessica Pok upgraded her recommendation from 'hold' to 'buy', but cut share price target from 247p to 200p as the agency added 1p to 168p.The group yesterday reported full-year revenues of £271m, marking 9% growth year-on-year, driven by growth in its specialist areas, with profit before tax expected to be in line with expectations set out in April last year.'2023 will be an uncertain year for advertising, but we expect the high-growth specialism segments to continue to grow resiliently,' said POk.'We anticipate further margin improvement, with the cost reduction programme to start reaping rewards.'
Posted at 31/10/2022 12:19 by x54v
“Lapse of the Next 15 Offer

As a result of votes cast at the Court Meeting, the M&C Saatchi Directors note that the Next 15 Offer has not satisfied the conditions as outlined in the Scheme Document and as such, the Next 15 Offer has now lapsed. As both the Next 15 Offer and ADV Offer have lapsed, M&C Saatchi is no longer in an offer period for the purposes of the Takeover Code.”

hTTps://investegate.co.uk/m--38-c-saatchi-plc--saa-/rns/results-of-court-meeting-and-general-meeting/202210311216177659E/

Posted at 20/5/2022 07:17 by metis20
https://www.londonstockexchange.com/news-article/NFC/offer-for-m-c-saatchi-plc/15461206

"For each M&C Saatchi Share:

0.1637 of a New Next Fifteen Share and 40 pence in cash

The Acquisition values each M&C Saatchi Share at 247.2 pence (the "Acquisition Price") and the entire issued and to be issued ordinary share capital of M&C Saatchi at approximately £310.1 million on a fully diluted basis (the "Acquisition Value") based on the Closing Price per Next Fifteen Share on the Last Practicable Date of 1,266.0 pence."

"The M&C Saatchi Independent Directors are recommending the terms of the Acquisition and consider it superior to the terms of the ADV Offer which they have unanimously rejected. Accordingly the M&C Saatchi Independent Directors urge M&C Saatchi Shareholders to take no action in respect of the ADV Offer."

Posted at 17/5/2022 17:43 by stemis
Mmm. So is the share price weakness down to SAA holders selling, believing the bid will be successful, and not wanting Advt shares or SAA holders selling, believing the bid will be unsuccessful, and only holding because the bid was higher than the current share price...?
Posted at 03/2/2022 07:55 by kipper7
FOR IMMEDIATE RELEASE3 February 2022M&C Saatchi plc("M&C Saatchi" or the "Company")Extension of "Put Up or Shut Up" deadlineAdvancedAdvT Limited ("AdvT") is required in accordance with Rule2.6(a) of the City Code on Takeovers and Mergers (the "Code"), by no later than 5.00 p.m. on 3 February 2022, either to announce a firm intention to make an offer for M&C Saatchi or to announce that it does not intend to make an offer for M&C Saatchi, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies.Following the announcement on 24 January 2022 by the directors of the Company other than Vin Murria (the "Independent Directors"), the Independent Directors confirm that they received a further revised proposal (the "Further Revised Proposal") from AdvT on 27 January 2022.Under the Further Revised Proposal, AdvT would offer each M&C Saatchi shareholder 1.939 new AdvT ordinary shares and 40 pence in cash for each M&C Saatchi ordinary share. AdvT would also make a mix and match facility available, whereby (subject to matching opposite elections being made by other M&C Saatchi shareholders), M&C Saatchi shareholders would be offered the opportunity to vary the proportions of AdvT ordinary shares and cash to be received by them. AdvT has also indicated that it would increase its all-share alternative proposal such that M&C Saatchi shareholders would receive 2.347 new AdvT ordinary shares for each M&C Saatchi ordinary share.On 28 January 2022 certain of the Independent Directors together with a representative of their financial advisers met with Vin Murria and Marwyn Investment Management ("Marwyn"), the two largest shareholders of AdvT. At the meeting, those Independent Directors reiterated the concerns previously raised in the Company's announcements of 7 and 24 January 2022, including the continued undervaluation of the Company; the strategy of the enlarged AdvT group and, in particular, the lack of clarity over the deliverability of, and execution risk associated with, their proposed 'digital-led M&A' strategy; the impact on culture; how AdvT intends to ensure the retention and appropriate incentivisation of M&C Saatchi 's key management and employees; and the valuation of AdvT 's ordinary shares.The Independent Directors have also had extensive dialogue with a significant majority of the largest shareholders in M&C Saatchi and have considered the Further Revised Proposal together with their financial advisers, Numis and Liberum. The unanimous conclusion of the Independent Directors is that the Further Revised Proposal continues to undervalue the Company and its prospects and would therefore not be recommendable. However, the Independent Directors believe that it is in the best interests of all stakeholders in M&C Saatchi to continue to engage constructively in discussions with AdvT.Discussions between the parties remain ongoing and in accordance with Rule 2.6(c) of the Code, the Independent Directors have requested, and the Panel on Takeovers and Mergers (the "Takeover Panel") has consented to, an extension to the deadline by which AdvT is required either to announce a firm intention to make an offer for M&C Saatchi in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. Such announcement must now be made by not later than 5.00 p.m. on 3 March 2022 . This deadline can be further extended by the Independent Directors, with the consent of the Takeover Panel.The Independent Directors continue to believe strongly in the future prospects of M&C Saatchi. The Company's robust financial performance in 2021 and the momentum into the start of 2022, as referenced in the recent trading update on 21 January 2022, positions the Company strongly for further growth and provides the Independent Directors with increasing confidence in the success of its strategy. A s a result, they remain confident in M&C Saatchi's ability to create material shareholder value.There can be no certainty that a firm offer will be made. A further announcement will be made in due course.This announcement has been made with the consent of AdvT.The person responsible for arranging this announcement on behalf of M&C Saatchi is Gareth Davis, Chairman. For further information please call: M&C Saatchi plc +44 (0)20-7543-4500 Gareth Davis, Chairman Numis - NOMAD, Financial Adviser and Corporate Broker +44 (0)20-7260-1000 Nick Westlake, Stuart Ord, Hugo Rubinstein, Iqra Amin Liberum - Financial Adviser and Corporate Broker +44 (0)20-3100-2000 Neil Patel, Benjamin Cryer, Edward Phillips, Will King Tim Medak, Mark Harrison, M&A Brunswick - Financial PR Sumeet Desai, Stuart Donnelly, Kate Pope +44 (0)207-404-5959 Important NoticesThis announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise, or the solicitation of any vote in favour or approval of any offer in any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction and any such offer (or solicitation) may not be extended in any such jurisdiction.Any securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended, or with any securities regulatory authority of any state of the United States and may not be offered or sold in the United States absent registration or an applicable exemption from registration thereunder.This announcement has been prepared in accordance with English law and the Code, and information disclosed may not be the same as that which would have been prepared in accordance with laws outside of the United Kingdom. The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.DisclaimerNumis Securities, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for M&C Saatchi and no one else in connection with the possible offer and will not be responsible to anyone other than M&C Saatchi for providing the protections afforded to clients of Numis Securities nor for providing advice in relation to the possible offer or any other matters referred to in this announcement. Neither Numis Securities nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Numis Securities in connection with this announcement, any statement contained herein or otherwise.Liberum Capital Limited, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for M&C Saatchi and no one else in connection with the possible offer and will not be responsible to anyone other than M&C Saatchi for providing the protections afforded to clients of Liberum Capital Limited nor for providing advice in relation to the possible offer or any other matters referred to in this announcement. Neither Liberum Capital Limited nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Liberum Capital Limited in connection with this announcement, any statement contained herein or otherwise.Relevant securities in issueIn accordance with Rule 2.9 of the Code, M&C Saatchi confirms that as at the date of this announcement, it has 122,743,435 ordinary shares of 1 penny each in issue and admitted to trading on AIM, the market operated by the London Stock Exchange (and holds 485,970 shares in treasury). The total number of voting rights in the Company is therefore 122,257,465. The International Securities Identification Number ("ISIN") for M&C Saatchi 's ordinary shares is GB00B01F7T14.Disclosure requirements of the CodeUnder Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.Publication on a websiteIn accordance with Rule 26.1 of the Code, a copy of this announcement will be made available on the Company's website (www.mcsaatchiplc.com) no later than 12 noon (London time) on 4 February 2022. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.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 rns@lseg.com or visit www.rns.com.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
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