REG - WPP PLC - Executive Share Awards

WPPAnnouncement

09/05/2024 17:30

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RNS Number : 8732N  WPP PLC  09 May 2024

FOR IMMEDIATE RELEASE
 
                  9 MAY 2024

 

WPP plc ("WPP")

Executive Share Awards

 

WPP's Executive Director's annual bonus for 2023 was delivered in the form of
a cash award and a deferred share award comprising 40% of the total bonus
achieved.  The Executive Share Award (ESA) will vest after two years, subject
to continued employment.

The 2023 ESA award was granted on 7 May 2024 as follows:

 Executive Director  Number of shares awarded
 Mark Read           63,469
 Joanne Wilson       23,519
 Andrew Scott        29,460

 

Notes

1)   These awards were made in accordance with the terms of the 2023
Directors' Compensation Policy as approved by shareholders on 17 May 2023

2)   Additional shares will be awarded at vesting in lieu of dividends on
the shares that vest

3)   Awards to Executive Directors are subject to an additional two-year
post-vesting holding period

 

 1.  Details of PDMR/person closely associated with them ('PCA')
 a)  Name                                                                       Mark Read
 b)  Position/status                                                            Chief Executive Officer
 c)  Initial notification/                                                      Initial notification

amendment
 2.  Details of the issuer
 a)  Full name of the entity                                                    WPP plc
 b)  Legal Entity Identifier code                                               549300LSGBXPYHXGDT93
 3.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument                                    Ordinary shares of 10 pence each ('Ordinary Shares')

                                                                                ISIN: JE00B8KF9B49
 b)  Nature of the transaction                                                  Grant of conditional awards over WPP plc ordinary shares under the WPP plc
                                                                                Stock Plan 2018
 c)  Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or  Price(s)                      Volume(s)
     purchased and price per share/ADR)                                         Conditional Free Share Award  63,469

 

 d)  Aggregated information                                                     N/A (single transaction)

     -     Aggregated number

     -     Aggregated Price

     -     Total
 e)  Date of the transaction                                                    7 May 2024
 f)  Place of the transaction                                                   London Stock Exchange (XLON)

 

 

d)

Aggregated information

-     Aggregated number

-     Aggregated Price

-     Total

N/A (single transaction)

 

e)

Date of the transaction

7 May 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 1.  Details of PDMR/person closely associated with them ('PCA')
 a)  Name                                                                       Joanne Wilson
 b)  Position/status                                                            Chief Financial Officer
 c)  Initial notification/                                                      Initial notification

amendment
 2.  Details of the issuer
 a)  Full name of the entity                                                    WPP plc
 b)  Legal Entity Identifier code                                               549300LSGBXPYHXGDT93
 3.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument                                    Ordinary shares of 10 pence each ('Ordinary Shares')

                                                                                ISIN: JE00B8KF9B49
 b)  Nature of the transaction                                                  Grant of conditional awards over WPP plc ordinary shares under the WPP plc
                                                                                Stock Plan 2018

 c)  Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or  Price(s)                       Volume(s)
     purchased and price per share/ADR)                                         Conditional Free Share Awards  23,519
 d)  Aggregated information                                                     N/A

     -     Aggregated number

     -     Aggregated Price

     -     Total
 e)  Date of the transaction                                                    7 May 2024
 f)  Place of the transaction                                                   London Stock Exchange (XLON)

d)

Aggregated information

-     Aggregated number

-     Aggregated Price

-     Total

N/A

e)

Date of the transaction

7 May 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 1.  Details of PDMR/person closely associated with them ('PCA')
 a)  Name                                                                       Andrew Scott
 b)  Position/status                                                            Chief Operating Officer
 c)  Initial notification/                                                      Initial notification

amendment
 2.  Details of the issuer
 a)  Full name of the entity                                                    WPP plc
 b)  Legal Entity Identifier code                                               549300LSGBXPYHXGDT93
 3.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument                                    Ordinary shares of 10 pence each ('Ordinary Shares')

                                                                                ISIN: JE00B8KF9B49
 b)  Nature of the transaction                                                  Grant of conditional awards over WPP plc ordinary shares under the WPP plc
                                                                                Stock Plan 2018
 c)  Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or  Price(s)                       Volume(s)
     purchased and price per share/ADR)                                         Conditional Free Share Awards  29,460

 

 d)  Aggregated information                                                     N/A

     -     Aggregated number

     -     Aggregated Price

     -     Total
 e)  Date of the transaction                                                    7 May 2024
 f)  Place of the transaction                                                   London Stock Exchange (XLON)

 

 

d)

Aggregated information

-     Aggregated number

-     Aggregated Price

-     Total

N/A

e)

Date of the transaction

7 May 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

This notice is given in fulfilment of the obligation under Article 19 of the
Market Abuse Regulation.

Balbir Kelly-Bisla

Group Company Secretary

 

Contact for further information:

Chris Wade, WPP

+44 (0)20 7282 4600

 

About WPP

WPP is the creative transformation company. We use the power of creativity to
build better futures for our people, planet, clients and communities. For more
information, visit www.wpp.com (http://www.wpp.com/) .

 

END

 

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