M&C Saatchi PLC Grant of Long-Term Incentive Plan Awards (4505J)
13 Dezembro 2022 - 4:00AM
UK Regulatory
TIDMSAA
RNS Number : 4505J
M&C Saatchi PLC
13 December 2022
13 December 2022
M&C SAATCHI PLC
(the "Company")
Director/PDMR Shareholding
Grant of Long-Term Incentive Plan Awards
The Company announces that on 12 December 2022 the following
performance share award (the "Award") over ordinary shares of one
pence each in the capital of the Company (the "Shares") were
granted under the Company's Long Term Incentive Plan to the
following Executive Director and person discharging managerial
responsibilities:
Director/PDMR Number of Shares under the Award
Moray MacLennan 878,022
The Award will vest on 31 May 2025 sub ject to the satisfaction
of performance conditions and continued employment as set out in
the Company's 2021 Directors' Remuneration Report.
The Award is additionally subject to a two-year holding period
following the vesting date. No consideration was paid for the grant
of the Award.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1. Details of the persons discharging managerial responsibilities
(a) Name: Moray MacLennan
----------------------------------- --------------------------------------------
2. Reason for the clearance request
---------------------------------------------------------------------------------
(a) Position / status: Chief Executive Officer/PDMR
----------------------------------- --------------------------------------------
(b) Initial clearance Initial notification
request / subsequent
clearance request:
----------------------------------- --------------------------------------------
3. Details of the issuer
---------------------------------------------------------------------------------
(a) Name: M&C SAATCHI PLC
----------------------------------- --------------------------------------------
(b) LEI: 213800XBLFQZ1T1KBA87
----------------------------------- --------------------------------------------
4. Details of the transaction(s)
---------------------------------------------------------------------------------
(a) Description One pence ordinary shares
of the financial
instrument, type ISIN GB00B01F7T14
of instrument:
Identification
code:
----------------------------------- --------------------------------------------
(b) Nature of the Grant of nil cost option awards under
transaction the M&C Saatchi plc Long Term Incentive
Plan.
----------------------------------- --------------------------------------------
(c) Price(s) and Price(s) Volumes(s)
volume(s)
----------------------------------- -------------------- ----------------------
nil 878,022
-------------------------------------------------------------- ----------------------
(d) Aggregated information
Aggregated volume: N/A
Aggregated price:
----------------------------------- --------------------------------------------
(e) Date of the 12 December 2022
transaction
----------------------------------- --------------------------------------------
(f) Place of transaction Off market
----------------------------------- --------------------------------------------
For further information please call:
M&C Saatchi plc +44 (0)20-7543-4500
Gareth Davis, Chairman
Numis Securities (Joint Broker) +44 (0)20-7260-1000
Nick Westlake, Iqra Amin
Liberum (Nomad and Joint Broker) +44 (0)20-3100-2000
Neil Patel, Benjamin Cryer, Will
King
Brunswick +44 (0)207-404-5959
Sumeet Desai, Kate Pope
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END
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