UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
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Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the Month of April 2023
Commission File Number: 001-38303
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WPP plc
(Translation of registrant's name into English)
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Sea Containers, 18 Upper Ground
London, United Kingdom SE1 9GL
(Address of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
Form
20-F X Form 40-F
___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ___
Note: Regulation S-T Rule 101(b)(1) only permits the
submission in paper of a Form 6-K if submitted solely to provide an
attached annual report to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ___
Note: Regulation S-T Rule 101(b)(7) only permits the
submission in paper of a Form 6-K if submitted to furnish a report
or other document that the registrant foreign private issuer must
furnish and make public under the laws of the jurisdiction in which
the registrant is incorporated, domiciled or legally organized (the
registrant’s “home country”), or under the rules
of the home country exchange on which the registrant’s
securities are traded, as long as the report or other document is
not a press release, is not required to be and has not been
distributed to the registrant’s security holders, and, if
discussing a material event, has already been the subject of a Form
6-K submission or other Commission filing on EDGAR.
Forward-Looking Statements
In
connection with the provisions of the U.S. Private Securities
Litigation Reform Act of 1995 (the ‘Reform Act’), the
Company may include forward looking statements (as defined in the
Reform Act) in oral or written public statements issued by or on
behalf of the Company. These forward-looking statements may
include, among other things, plans, objectives, beliefs,
intentions, strategies, projections and anticipated future economic
performance based on assumptions and the like that are subject to
risks and uncertainties. These statements can be identified by the
fact that they do not relate strictly to historical or current
facts. They use words such as ‘aim’,
‘anticipate’, ‘believe’,
‘estimate’, ‘expect’,
‘forecast’, ‘guidance’,
‘intend’, 'may', ‘will’,
‘should’, ‘potential’,
‘possible’, ‘predict’,
‘project’, ‘plan’, ‘target’,
and other words and similar references to future periods but are
not the exclusive means of identifying such statements. As such,
all forward-looking statements involve risk and uncertainty because
they relate to future events and circumstances that are beyond the
control of the Company. Actual results or outcomes may differ
materially from those discussed or implied in the forward-looking
statements. Therefore, you should not rely on such forward looking
statements, which speak only as of the date they are made, as a
prediction of actual results or otherwise. Important factors which
may cause actual results to differ include but are not limited to:
the impact of, epidemics or pandemics including restrictions on
businesses, social activities and travel; the unanticipated loss of
a material client or key personnel; delays or reductions in client
advertising budgets; shifts in industry rates of compensation;
regulatory compliance costs or litigation; changes in competitive
factors in the industries in which we operate and demand for our
products and services; changes in client advertising, marketing and
corporate communications requirements; our inability to realise the
future anticipated benefits of acquisitions; failure to realise our
assumptions regarding goodwill and indefinite lived intangible
assets; natural disasters or acts of terrorism; the Company’s
ability to attract new clients; the economic and geopolitical
impact of the Russian invasion of Ukraine; the risk of global
economic downturn, slower growth, increasing interest rates and
high and sustained inflation; supply chain issues affecting the
distribution of our clients’ products; technological changes
and risks to the security of IT and operational infrastructure,
systems, data and information resulting from increased threat of
cyber and other attacks; the Company’s exposure to changes in
the values of other major currencies (because a substantial portion
of its revenues are derived and costs incurred outside of the UK);
and the overall level of economic activity in the Company’s
major markets (which varies depending on, among other things,
regional, national and international political and economic
conditions and government regulations in the world’s
advertising markets). In addition, you should consider the risks
described in Item 3D, captioned “Risk Factors” in the
company's 2022 Annual Report on Form 20-F, which could also cause
actual results to differ from forward-looking information. In light
of these and other uncertainties, the forward-looking statements
included in this document should not be regarded as a
representation by the Company that the Company’s plans and
objectives will be achieved. Neither the Company, nor any of its
directors, officers or employees, provides any representation,
assurance or guarantee that the occurrence of any events
anticipated, expressed or implied in any forward looking statements
will actually occur. The Company undertakes no obligation to update
or revise any such forward-looking statements, whether as a result
of new information, future events or otherwise.
EXHIBIT INDEX
Exhibit
No.
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Description
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1
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Update re FGS Global dated 11 April 2023, prepared by WPP
plc.
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FOR IMMEDIATE RELEASE
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11 April 2023
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WPP PLC ("WPP")
WPP WELCOMES KKR AS STRATEGIC PARTNER IN FGS GLOBAL
WPP today announces that leading global investment firm KKR has
made a growth investment in FGS Global, the strategic advisory and
communications consultancy in which WPP is a majority
shareholder.
FGS Global has 1,300 experts around the world advising clients
in navigating complex situations and reputational challenges. It
was created through the combination of leading strategic
communications and public affairs firms Finsbury, The Glover Park
Group, Hering Schuppener and Sard Verbinnen & Co.
FGS Global is a leading company in financial communications
globally and was recently ranked the number one global PR firm for
deal count and value by Mergermarket, having advised on 322 deals
with a total value of over $657 billion in 2022. Its advisory
services span all aspects of strategic communications, including
corporate reputation, crisis management and government affairs. It
operates from global offices in 27 cities around the
world.
Following the investment from KKR, WPP will remain the majority
owner of the company, and FGS
Global employees will remain substantial shareholders. Golden
Gate Capital, the private investment firm which has been a
shareholder in FGS Global since 2016, will exit its
investment through the sale of its interest to
KKR.
The transaction values FGS Global at $1.425 billion. It is expected
to close before the end of the third quarter of 2023, subject to
regulatory approvals and other customary closing
conditions.
The strategic partnership with KKR - one of the world's leading
investment firms - will help to drive the continued growth
of FGS
Global, the innovation of its service offering and the expansion of
its international footprint in the resilient and growing strategic
advisory sector. KKR is making the investment in FGS Global
primarily through its European Fund VI.
Mark Read, CEO of WPP, said: "FGS
Global has established itself as a global leader in strategic
advisory and communications, providing board-level counsel to the
world's leading companies and organisations. We are delighted to
welcome KKR as a new strategic partner in FGS Global, in a
transaction that recognises the tremendous value of the business
and its potential for continued strong growth."
Philipp Freise, Partner at KKR, said: "WPP
and FGS
Global have built an exceptional communications advisory firm.
Stakeholder engagement is a boardroom issue and we are today
establishing a powerful strategic partnership between WPP and KKR
to support FGS Global as they continue on their path to
building an industry-defining global business."
Alex Geiser, Global CEO of FGS
Global, said: "We
are thrilled to be joined by KKR as a strategic partner on our
journey to create the world leader in strategic advisory and
communications. Our mission to help leaders lead in an increasingly
complex stakeholder environment is timelier than ever. The fact
that a global investor with the great sophistication and experience
of KKR has joined WPP in seeing what we see in our people, the work
we do for clients and our future is immensely motivating. We are
grateful our clients and our employees will be the
beneficiaries."
Further information:
WPP
Richard Oldworth richard.oldworth@buchanancomms.co.uk +44
(0)7710 130 634
Chris Wade chris.wade@wpp.com
Niken Wresniwiro niken.wresniwiro@wpp.com
FGS Global
Dorothy Burwell / Brooke Gordon / Jennifer Loven / Dirk von
Manikowsky
mediaglobal@fgsglobal.com
KKR
Julia Leeger / Miles Radcliffe-Trenner
media@kkr.com
About WPP
WPP is the creative transformation company. We use the power of
creativity to build better futures for our people, planet, clients
and communities. For more information, visit www.wpp.com.
About KKR
KKR is a leading global investment firm that offers alternative
asset management as well as capital markets and insurance
solutions. KKR aims to generate attractive investment returns by
following a patient and disciplined investment approach, employing
world-class people and supporting growth in its portfolio companies
and communities. KKR sponsors investment funds that invest in
private equity, credit and real assets and has strategic partners
that manage hedge funds. KKR's insurance subsidiaries offer
retirement, life and reinsurance products under the management of
Global Atlantic Financial Group. References to KKR's investments
may include the activities of its sponsored funds and insurance
subsidiaries. For additional information about KKR & Co. Inc.
(NYSE: KKR), please visit KKR's website at www.kkr.com and
on Twitter @KKR_Co.
About FGS Global
FGS is a leading global strategic communications consultancy, with
1,300 experts around the world, advising clients in navigating
complex situations and reputational challenges. FGS Global was
formed from the combination of Finsbury, The Glover Park Group,
Hering Schuppener and Sard Verbinnen & Co to offer board-level
and c-suite counsel in all aspects of strategic communications -
including corporate reputation, crisis management and government
affairs - and is also the leading force in financial communications
worldwide.
FGS offers seamless and integrated support with offices in the
following locations: Abu Dhabi, Amsterdam, Beijing, Berlin, Boston,
Brussels, Chicago, Dubai, Dublin, Düsseldorf, Frankfurt, Hong
Kong, Houston, Kingston, London, Los Angeles, Munich, Paris,
Riyadh, San Francisco, Shanghai, Singapore, Tokyo, Washington,
D.C., West Palm Beach, and Zurich. The headquarters is based in New
York.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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WPP PLC
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(Registrant)
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Date:
11 April 2023
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By:
______________________
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Balbir
Kelly-Bisla
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Company
Secretary
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WPP (PK) (USOTC:WPPGF)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
WPP (PK) (USOTC:WPPGF)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024