M&C Saatchi (SAA)

Sector:

Media

Index:

FTSE AIM All-Share

195.50p
   
  • Change Today:
      3.50p
  • 52 Week High: 196.00
  • 52 Week Low: 121.50
  • Currency: UK Pounds
  • Shares Issued: 122.26m
  • Volume: 114,169
  • Market Cap: £239.01m
  • RiskGrade: 353

M&C Saatchi removes Vin Murria from board

By Frank Prenesti

Date: Monday 06 Jun 2022

LONDON (ShareCast) - (Sharecast News) - UK ad agency M&C Saatchi on Monday removed Vin Murria, its largest shareholder, from its board, the company said, after rebuffing his bid to take over the company.
The company last month snubbed a £254m takeover offer from Murria's AdvancedadvT investment vehicle, recommending instead a rival £310m offer from consultancy Next Fifteen.

In a stock exchange filing, M&C Saatchi said its independent directors had concluded that it was inappropriate for Murria to be proposed for re-election as a director at the company's annual shareholders meeting on June 30.

"Therefore, the independent directors have resolved that Vin Murria be removed from the board with immediate effect and no resolution for Vin Murria's re-election be presented at the AGM," the company said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

M&C Saatchi Market Data

Currency UK Pounds
Share Price 195.50p
Change Today 3.50p
% Change 1.82 %
52 Week High 196.00
52 Week Low 121.50
Volume 114,169
Shares Issued 122.26m
Market Cap £239.01m
RiskGrade 353

M&C Saatchi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.36% below the market average87.36% below the market average87.36% below the market average87.36% below the market average87.36% below the market average
82.22% below the sector average82.22% below the sector average82.22% below the sector average82.22% below the sector average82.22% below the sector average
Price Trend
79.72% above the market average79.72% above the market average79.72% above the market average79.72% above the market average79.72% above the market average
78.72% above the sector average78.72% above the sector average78.72% above the sector average78.72% above the sector average78.72% above the sector average
Income
88.69% below the market average88.69% below the market average88.69% below the market average88.69% below the market average88.69% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Growth
82.8% below the market average82.8% below the market average82.8% below the market average82.8% below the market average82.8% below the market average
76.74% below the sector average76.74% below the sector average76.74% below the sector average76.74% below the sector average76.74% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

M&C Saatchi Dividends

  Latest Previous
  Final Final
Ex-Div 09-May-24 08-Jun-23
Paid 24-Jun-24 12-Jul-23
Amount 1.60p 1.50p

Trades for 03-May-2024

Time Volume / Share Price
16:35 2,527 @ 195.50p
16:35 1 @ 195.50p
16:35 412 @ 195.50p
16:35 331 @ 195.50p
16:35 65 @ 195.50p

M&C Saatchi Key Personnel

CFO Bruce Marson

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