REG - WPP PLC - Vesting of executive share awards

WPPAnnouncement

08/03/2022 15:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220308:nRSH0769Ea&default-theme=true

RNS Number : 0769E  WPP PLC  08 March 2022

WPP plc (the "Company")

Vesting of executive share awards

 

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

The Company announces that the following persons discharging managerial
responsibilities transacted in ordinary shares of 10 pence each in the Company
due to the vesting of awards made under the terms of the 2019 Executive Share
Award ("ESA") made on 14 May 2020. The ESA vested on 7 March 2022.

 

 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                   ESA   101,630                        47,862                                                                  7 March 2022

 

 

 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 plc 2019 Executive Share
                                              Award.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £nil        101,630

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  7 March 2022
 f)  Place of the transaction                 London Stock Exchange
 Transaction 2
 b)  Nature of the transaction                Sale of Ordinary Shares made under the WPP plc 2019 Executive Share Award to
                                              cover statutory withholding liabilities.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £9.2295   47,862

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  7 March 2022
 f)  Place of the transaction                 London Stock Exchange

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

7 March 2022

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction

Sale of Ordinary Shares made under the WPP plc 2019 Executive Share Award to
cover statutory withholding liabilities.

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £9.2295   47,862

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

7 March 2022

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.

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

 

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  DSHUWOVRUVUORAR