Sir Martin Sorrell’s S4 Capital crashes 36% after PwC refused to sign off its results

March 31, 2022 4:10

Sir Martin Sorrell has today had more than £90 million (A$157 million) wiped off the value of his S4 Capital stake after PwC refused to sign off its Preliminary Results for 2021.

The audit delay caused the share price to significantly decline by almost 36% from £3.10 ($A5.43) to £1.72 ($A3.01).

S4 Capital chair, Sir Martin Sorrell (pictured)

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Emma Shepherd

Emma Shepherd was the acting deputy editor at Mumbrella who has over seven years of print and digital experience in the industry and has previously worked as a reporter for media outlets Bauer Media (now Are Media), Yahoo Australia, and a content strategist and writer for various independent marketing agencies.

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