Scangroup announced that it entered into two conditional share purchase agreements, one for the purchase of a 51% shareholding in O&M Africa BV from Dolphin Square Holding BV and Ogilvy South Africa (Pty) Ltd and the other for the purchase of a 50% shareholding in Ogilvy East Africa Ltd, with 28% to be purchased from Russell Square Holding BV and Ogilvy South Africa (Pty) Ltd and 22% from Mr Koome Mwambia, its Chief Executive Officer, upon the terms and conditions in the agreements.

Both O&M Africa BV and Ogilvy East Africa Ltd are indirect subsidiaries of WPP plc, which also ultimately holds 27.5% of the share capital of Scangroup.