Sor­rell’s S4 Cap­i­tal raises £116m in stock offering

The Daily Telegraph - Business - - Business -

S4 Cap­i­tal, the dig­i­tal ad­ver­tis­ing and mar­ket­ing group founded by Sir Martin Sor­rell, has raised £116m in an over­sub­scribed stock offering that will fund an “ag­gres­sive” deal spree. The group sold 29.7m shares to ex­ist­ing and new in­vestors, while its di­rec­tors bought 7.1m shares. The shares closed up 5.5pc at 315p.

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