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RNS Number : 1376I M&C Saatchi PLC 03 August 2023
3 August 2023
M&C SAATCHI PLC
(the "Company")
Director/PDMR Shareholding
Grant of Long-Term Incentive Plan Award
The Company announces that on 2 August 2023 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
Bruce Marson 202,802
The Award will vest on 2 August 2026 subject to the satisfaction of
performance conditions and continued employment as set out in the Company's
2022 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: Bruce Marson
2. Reason for the clearance request
(a) Position / status: Chief Financial Officer/PDMR
(b) Initial clearance request / subsequent clearance request: Initial notification
3. Details of the issuer
(a) Name: M&C SAATCHI PLC
(b) LEI: 213800XBLFQZ1T1KBA87
4. Details of the transaction(s)
(a) Description of the financial instrument, type of instrument: One pence ordinary shares
Identification code:
ISIN GB00B01F7T14
(b) Nature of the transaction Grant of nil cost option awards under the M&C Saatchi plc Long Term
Incentive Plan.
(c) Price(s) and volume(s) Price(s) Volumes(s)
nil 202,802
(d) Aggregated information
Aggregated volume: N/A
Aggregated price:
(e) Date of the transaction 2 August 2023
(f) Place of transaction Off market
For further information please call:
M&C Saatchi plc +44 (0)20-7543-4500
Zillah Byng-Thorne, Chair
Numis Securities (Joint Broker) +44 (0)20-7260-1000
Nick Westlake, Iqra Amin
Liberum (Nomad and Joint Broker) +44 (0)20-3100-2000
Max Jones, Benjamin Cryer, Will King
Brunswick +44 (0)207-404-5959
Andrew Porter, Kate Pope
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