REG - M&C Saatchi PLC - Share Purchase by Incoming Chair

M&C SaatchiAnnouncement

24/04/2023 07:15

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RNS Number : 1365X  M&C Saatchi PLC  24 April 2023

24 April 2023

M&C SAATCHI PLC

(the "Company" or "M&C Saatchi")

Share Purchase by Incoming Chair

 

The Company today announces that it has been notified that the Company's
incoming independent Non-Executive Chair, Zillah Byng-Thorne, has purchased
143,536 ordinary shares of one pence each in the Company ("Ordinary Shares").

The purchase of 143,536 Ordinary Shares were made at an average price of 174
pence per share on 21 April 2023. Following the transaction, Zillah's
beneficial interest in the Company amounts to a total of 143,536 Ordinary
Shares representing 0.12% of the Company's issued Ordinary Share capital.

Zillah's appointment to the Board of the Company is expected to be effective
from 15 June 2023, subject to the completion of normal regulatory due
diligence by the Company's Nomad. A further RNS will be announced in due
course confirming her appointment.

For further information please call:

 M&C Saatchi plc                                                 +44 (0)20-7543-4500
 Gareth Davis, Chair

 Moray MacLennan, Chief Executive Officer
 Numis Securities                                                               +44 (0)20-7260-1000
 Nick Westlake, Iqra Amin
 Liberum, NOMAD                                                                +44 (0)20-3100-2000
 Tim Medak, Mark Harrison, Max Jones, Benjamin Cryer, Will King

 Brunswick                                                       +44 (0)207-404-5959
 Sumeet Desai, Andrew Porter, Kate Pope

 

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