The Board of AdvancedAdvT Limited (AIM:ADVT) (the "Company") announced that Vin Murria, Chairperson, has been appointed to the board of M&C Saatchi plc (AIM:SAA) ("M&C Saatchi") as non-executive deputy chair, and that it does not intend to make an offer for M&C Saatchi. Accordingly, except with the consent of the Panel on Takeovers and Mergers (the "Takeover Panel"), ADVT and any person acting in concert with ADVT (including Vin Murria who is considered as a person acting in concert with ADVT), is bound by the restrictions under Rule 2.8 of the Code. Under Note 2 on Rule 2.8 of the Code, AdvT, and any person acting in concert with AdvT (including Vin Murria who is considered as a person acting in concert with ADVT), reserves the right to set aside the restrictions in Rule 2.8 of the Code in the following circumstances: i) with the agreement or recommendation of the board of M&C Saatchi; ii) following the announcement of a firm intention to make an offer for M&C Saatchi, by or on behalf of a third party; iii) following the announcement by M&C Saatchi of a Rule 9 waiver proposal (as described in Note 1 of the Notes on Dispensations from Rule 9) or a reverse takeover (as defined in the Code); and/or iv) if there has been a material change of circumstances (as determined by the Takeover Panel).
AdvancedAdvT Limited Announces No Intention to Make an Offer for M&C Saatchi plc
Published on 03/09/2026 at 03:05 am EDT

















