REG - WPP PLC - Executive Performance Share Plan and Awards

WPPAnnouncement

Today 15:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260324:nRSX9524Xa&default-theme=true

RNS Number : 9524X  WPP PLC  24 March 2026

FOR IMMEDIATE RELEASE
 
                   24 March 2026

 

WPP plc ("WPP")

Executive Performance Share Plan (EPSP) Awards and Executive Share Awards
(ESA)

 

On 20 March 2026, 2026 EPSP awards were made under the Executive Performance
Share Plan (EPSP). The participants included WPP's Chief Executive Officer
(CEO) and Chief Financial Officer (CFO) as set out in the table below. In
addition, awards were made in connection with the CEO's and CFO's annual
bonuses for 2025 which were delivered 100% in the form of deferred share
awards, ESAs.

 Executive Director   Nature of Award  Number of shares awarded
 Cindy Rose (CEO)     2026 EPSP        2,147,766
 Cindy Rose (CEO)     2025 ESA         115,800
 Joanne Wilson (CFO)  2026 EPSP        979,381
 Joanne Wilson (CFO)  2025 ESA         84,257

 

Notes

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

2)   To the extent that each element of an EPSP award does not vest at the
end of the three- year performance period it will lapse

3)   The 2026 EPSP awards take the form of conditional awards over WPP
shares or ADRs and the amounts stated above represent the maximum possible
opportunity.

4)   The extent to which these awards vest in 2029 will depend on WPP's
performance over the three-year performance period from 1 January 2026 to 31
December 2028, as set out in the WPP 2025 Annual Report.

5)   The ESAs take the form of conditional awards over WPP shares and will
vest after two years subject to continued employment.

6)   Additional shares will be awarded at vesting of both EPSP awards and
ESAs in lieu of dividends on the shares that vest

7)   The EPSP 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                                                                       Cindy Rose
 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 transactions                                                 Grant of conditional share awards over WPP plc ordinary shares under the WPP
                                                                                Executive Performance Share Plan (EPSP) and WPP plc Stock Plan 2018 (WSP)
 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 award over shares under the EPSP  2,147,766
                                                                                Conditional award over shares under the WSP   115,800
 d)  Aggregated information                                                     N/A (single transaction)

     -     Aggregated number

     -     Aggregated Price

     -     Total
 e)  Date of the transaction                                                    20 March 2026
 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

20 March 2026

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 transactions                                                 Grant of conditional share awards over WPP plc ordinary shares under the WPP
                                                                                Executive Performance Share Plan and WPP plc Stock Plan 2018
 c)  Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or
     purchased and price per share/ADR)
Price(s)                                      Volume(s)
                                                                                Conditional award over shares under the EPSP  979,381
                                                                                Conditional award under the WSP               84,257
 d)  Aggregated information                                                     N/A

     -     Aggregated number

     -     Aggregated Price

     -     Total
 e)  Date of the transaction                                                    20 March 2026
 f)  Place of the transaction                                                   London Stock Exchange (XLON)

d)

Aggregated information

-     Aggregated number

-     Aggregated Price

-     Total

N/A

e)

Date of the transaction

20 March 2026

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

 

Further information

Media: press@wpp.com (mailto:press@wpp.com)

Investors: irteam@wpp.com (mailto:irteam@wpp.com)

 

About WPP

WPP is the trusted growth partner for the world's leading brands. We unite
cutting-edge media intelligence and data solutions, world-class creativity,
next-generation production, transformative enterprise solutions and expert
strategic counsel in a single company - powered by exceptional talent and our
agentic marketing platform, WPP Open, to help our clients navigate change,
capture opportunity and deliver transformational growth. For more information,
visit www.wpp.com (http://www.wpp.com)

END

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUSUVRNWUOUAR



            Copyright 2019 Regulatory News Service, all rights reserved