Summary
WPP-Scangroup is a subsidiary of WPP and is listed on the Nairobi Securities Exchange. It is the largest marketing and communication group operating a multi-agency model across multiple disciplines in Sub-Saharan Africa. The group comprises the ad agencies Ogilvy Africa, SCANAD, JWT and BluePrint Marketing; media firms GroupM, MediaCom Africa, Mindshare and MEC; public relations agencies Ogilvy PR (a part of Ogilvy Africa) and H+K Strategies; market research agency Millward Brown; specialty communication firms Roundtrip and Geometry Global; and digital companies OgilvyOne, Squad Digital and SCANAD Digital. In all, over 1200 people are employed across the various organizations.
 | |
| Company type | Public company |
|---|---|
| KN: SCAN | |
| Industry | Advertising & Communication Services |
| Founded | 1996 |
| Headquarters | Nairobi, Kenya |
Key people | Richard Omwella Chairman Patricia Ithau Chief Executive Officer[1] |
| Revenue |  : US$45.04+ million (KES4.504 billion) (2018) |
| Total assets | : US$142.68+ million (KES14.42 billion) (2018) |
| Parent | WPP plc |
| Website | www |
WPP-Scangroup is listed on the Nairobi Securities Exchange. The group has presence in 25 countries in Sub Saharan Africa. Majority-owned offices in Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zambia and minority owned operations in Burkina Faso, Cameroon, Gabon, Ivory Coast, Namibia, Senegal and Zimbabwe. The group also has affiliate partners in Botswana, DRC, Congo Brazzaville, Madagascar, Malawi, Mauritius, Mozambique, Niger, Reunion and S. Leone.
History edit
Scangroup Limited was incorporated in Kenya as a private limited liability company on 26 January 1999 under the name Media Initiative East Africa Limited. In October 2005 the company changed its name to Scangroup Limited. Scangroup listed on the Nairobi Securities Exchange on 29 August 2006 and is currently the only marketing services company listed on the exchange. In late 2013 Scangroup became a subsidiary of WPP and subsequently the company renamed itself to WPP-Scangroup Limited on 15 June 2015.
Ownership edit
Since 2006, the company stock is listed on the Nairobi Stock Exchange, where it trades under the symbol:SCAN. Its largest shareholder is the WPP Group, controlling 50.10% of the issued share capital of Scangroup though its subsidiaries Cavendish Square Holding BV and Ogilvy South Africa.[2] As of May 2014[update], the ten largest investors in the company were:[3]
| Rank | Name of Owner | Number of Shares | Percentage Ownership |
|---|---|---|---|
| 1 | Cavendish Square Holding B.V | 176,903,560 | 46.69 |
| 2 | Bharat Kumar Thakrar and Sadhna Bharat Thakrar | 51,811,360 | 13.68 |
| 3 | Ogilvy and Mather South Africa (Proprietary) Limited | 12,907,856 | 3.41 |
| 4 | Standard Chartered Nominees, Non-Resident A/C KE 9273 | 12,743,900 | 3.36 |
| 5 | White, Andrew John Laird | 12,206,000 | 3.22 |
| 6 | Standard Chartered Nominees Account KE 17984 | 10,845,793 | 2.86 |
| 7 | Standard Chartered Nominees, Non-Resident A/C 9944 | 9,901,400 | 2.61 |
| 8 | CFC Stanbic Nominee Limited A/C NR1030625 | 5,677,500 | 1.50 |
| 9 | Standard Chartered Nominees Account KE17605 | 2,544,120 | 0.67 |
| 10 | Standard Chartered Nominees A/C 9098AC | 2,352,080 | 0.62 |
| Total | 297,893,569 | 78.63 |
WPP-Scangroup Companies edit
The companies within Scangroup include, but are not limited to the following:[4]
- Ogilvy Kenya Limited, Nairobi, Kenya
- Milward Brown East Africa Limited, Nairobi, Kenya
- Ogilvy Africa, Nairobi, Kenya
- O&M Africa BV, Netherlands
- Hill & Knowlton East Africa Limited, Nairobi, Kenya
- Ogilvy Tanzania Limited, Dar es Salaam, Tanzania
- Redsky Limited, Nairobi, Kenya
- Scanad Kenya, Nairobi, Kenya
- Scanad East Africa Limited, Nairobi, Kenya
- BroLl WesT™, Nairobi, Kenya
- J. Walter Thompson Kenya Limited, Nairobi, Kenya
- Squad Digital Limited, Nairobi, Kenya
- Mediacompete East Africa Limited, Nairobi, Kenya
- Grey East Africa Limited, Nairobi, Kenya
- Scanad Uganda Limited, Kampala, Uganda
- Scanad Tanzania Limited, Dar es Salaam, Tanzania
- Roundtrip Limited, Nairobi, Kenya
See also edit
References edit
- ^ Elizabeth Kivuva (10 February 2022). "Scangroup appoints Patricia Ithau as new CEO". Business Daily Africa. Nairobi, Kenya. Retrieved 22 August 2022.
- ^ "Scangroup Shareholders Circular" (PDF). 18 October 2013. Retrieved 11 August 2014.
- ^ Shareholding in Scangroup Stock In December 2010
- ^ The Companies of Scangroup
External links edit
- Profile At Google Finance
- Website of Scangroup
- Website of WPP Group Plc
- Website of Squaddigital Limited
- Scangroup Launches Digital Advertising Division