REG - WPP PLC - Vesting of executive share award

WPPAnnouncement

18/03/2025 10:00

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RNS Number : 1172B  WPP PLC  18 March 2025

FOR IMMEDIATE RELEASE
                                         18 March 2025

 

WPP plc ("WPP")

 

Vesting of executive share award

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibilities or their Connected Persons

The Company announces that the following person discharging managerial
responsibilities transacted in ordinary shares of 10 pence each in the Company
due to the exercise of awards made under the terms of the 2022 Executive
Performance Share Plan ("EPSP") award. The 2022 EPSP awards were made on 25
March 2022 and 24 November 2022 and vested on 14 March 2025 as a result of the
performance conditions attaching to the 2022 EPSP awards having been satisfied
as to 48.8%.

 

 Name of Executive Director  Plan  Total number of shares vested  Total number of shares sold to cover statutory withholding liabilities  Date of sale
 Mark Read                   EPSP  216,351                        101,889                                                                 14 March 2025
 Andrew Scott                EPSP  107,214                        50,492                                                                  14 March 2025

 

 

 

 

 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                Acquisition of Ordinary Shares made under the WPP 2022 Executive Performance
                                              Share Plan.
 c)  Price(s) and volume(s)                   Price(s)            Volume(s)
                                              £ Nil cost option   216,351

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  14 March 2025
 f)  Place of the transaction                 London Stock Exchange
 Transaction 2
 b)  Nature of the transaction                Sale of Ordinary Shares made under the WPP 2022 Executive Performance Share
                                              Plan to cover statutory withholding liabilities.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £6.34     101,889

 

 d)  Aggregated information

     -     Aggregated volume

     -     Price
 e)  Date of the transactions                 14 March 2025
 f)  Place of the transaction                 London Stock Exchange

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

14 March 2025

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction

Sale of Ordinary Shares made under the WPP 2022 Executive Performance Share
Plan to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £6.34     101,889

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

e)

Date of the transactions

14 March 2025

f)

Place of the transaction

London Stock Exchange

 

 1.  Details of PDMR/person closely associated with them ('PCA')
 a)  Name                                     Andrew Scott
 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                Acquisition of Ordinary Shares made under the WPP 2022 Executive Performance
                                              Share Plan.
 c)  Price(s) and volume(s)                   Price(s)            Volume(s)
                                              £ Nil cost option   107,214

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  14 March 2025
 f)  Place of the transaction                 London Stock Exchange
 Transaction 2
 b)  Nature of the transaction                Sale of Ordinary Shares made under the WPP 2022 Executive Performance Share
                                              Plan to cover statutory withholding liabilities.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £6.34     50,492

 

 d)  Aggregated information

     -     Aggregated volume

     -     Price
 e)  Date of the transactions                 14 March 2025
 f)  Place of the transaction                 London Stock Exchange

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

14 March 2025

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction

Sale of Ordinary Shares made under the WPP 2022 Executive Performance Share
Plan to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £6.34     50,492

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

e)

Date of the transactions

14 March 2025

f)

Place of the transaction

London Stock Exchange

 

 

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 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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