| WPP-Scangroup Limited | |
| Type: | Public company |
| Foundation: | 1996 |
| Location: | Nairobi, Kenya |
| Key People: | Richard Omwella Chairman Patricia Ithau Chief Executive Officer[1] |
| Assets: | US$142.68+ million (KES14.42 billion) (2018) |
| Revenue: | US$45.04+ million (KES4.504 billion) (2018) |
| Industry: | Advertising & Communication Services |
| Parent: | WPP plc |
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.
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.
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.
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], the ten largest investors in the company were:[3]
| 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 | |
The companies within Scangroup include, but are not limited to the following:[4]