REG - WPP PLC - Executive Share Awards

WPPAnnouncement

08/12/2023 12:00

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RNS Number : 2123W  WPP PLC  08 December 2023

FOR IMMEDIATE RELEASE
 
8 December 2023

 

WPP plc ("WPP")

Executive Share Awards

 

As announced on 8 November 2022 and 9 May 2023, Joanne Wilson has been granted
an award under the WPP Share Plans. This is the final award to compensate
Joanne for incentives from her previous employer that she forfeited on joining
WPP. The award vests in December 2025 and is no more generous in amount or
deferral schedule than the awards forfeited by Joanne.

 

 Executive Director  Number of shares/nil cost options awarded
 Joanne Wilson       18,540

 

Notes

1)   This award was 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.

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                                                                       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 Award  18,540

 

 d)  Aggregated information                                                     N/A (single transaction)

     -     Aggregated number

     -     Aggregated Price

     -     Total
 e)  Date of the transaction                                                    7 December 2023
 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 December 2023

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, clients and communities. For more
information, visit www.wpp.com (http://www.wpp.com/) .

 

END

 

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