REG - WPP PLC - Vesting of executive share awards

WPPAnnouncement

12/03/2025 18:30

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RNS Number : 4523A  WPP PLC  12 March 2025

FOR IMMEDIATE RELEASE
 
12 March 2025

 

WPP plc ("WPP")

 

Vesting of executive share awards

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 vesting of awards under the terms of the 2022 Executive Share Award
("ESA") made on 4 May 2023 and awards made under the WPP Stock Plan 2018 on 4
May 2023 which were subject to the performance conditions attached to the 2022
Executive Performance Share Plan ("EPSP") award.  Awards subject to the 2022
EPSP performance conditions were 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                   ESA                  117,405                        55,291                                                                  10 March 2025
 Andrew Scott                ESA                  50,609                         23,834                                                                  10 March 2025
 Joanne Wilson               WPP Stock Plan 2018  49,625                         23,371                                                                  10 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 Share Award.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £ nil     117,405

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  10 March 2025
 f)  Place of the transaction                 London Stock Exchange
 Transaction 2
 b)  Nature of the transaction                Sale of Ordinary Shares to cover statutory withholding liabilities.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £6.40     55,291

 

 d)  Aggregated information

     -     Aggregated volume

     -     Price
 e)  Date of the transactions                 10 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

10 March 2025

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction

Sale of Ordinary Shares to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £6.40     55,291

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

e)

Date of the transactions

10 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 Operating 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 Share Award.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £ nil     50,609

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  10 March 2025
 f)  Place of the transaction                 London Stock Exchange
 Transaction 2
 b)  Nature of the transaction                Sale of Ordinary Shares to cover statutory withholding liabilities.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £6.40     23,834

 

 d)  Aggregated information

     -     Aggregated volume

     -     Price
 e)  Date of the transactions                 10 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

10 March 2025

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction

Sale of Ordinary Shares to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £6.40     23,834

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

e)

Date of the transactions

10 March 2025

f)

Place of the transaction

London Stock Exchange

 

 

 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                Acquisition of Ordinary Shares made under the WPP Stock Plan 2018.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £ nil     49,625

 

 d)  Aggregated information

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  10 March 2025
 f)  Place of the transaction                 London Stock Exchange
 Transaction 2
 b)  Nature of the transaction                Sale of Ordinary Shares to cover statutory withholding liabilities.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              £6.40     23,371

 

 d)  Aggregated information

     -     Aggregated volume

     -     Price
 e)  Date of the transactions                 10 March 2025
 f)  Place of the transaction                 London Stock Exchange

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

e)

Date of the transaction

10 March 2025

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction

Sale of Ordinary Shares to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £6.40     23,371

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

e)

Date of the transactions

10 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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