REG - M&C Saatchi PLC - Director/PDMR Shareholding

M&C SaatchiAnnouncement

31/05/2024 07:00

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RNS Number : 5463Q  M&C Saatchi PLC  31 May 2024

31 May 2024

M&C SAATCHI PLC

(the "Company")

Director/PDMR Shareholding

Grant of Long-Term Incentive Plan Awards

The Company announces that on 30 May 2024 the following performance share
awards (the "Awards") over ordinary shares of one pence each in the capital of
the Company (the "Shares") were granted under the Company's Long Term
Incentive Plan to the following Executive Directors and persons discharging
managerial responsibilities:

 Director/PDMR   Number of Shares under the Award
 Zaid Al-Qassab  586,510
 Bruce Marson    134,408

The Awards will vest on 17 May 2027 subject to the satisfaction of performance
conditions and continued employment as set out in the Company's 2023
Directors' Remuneration Report.

The Awards are additionally subject to a two-year holding period following the
vesting date. No consideration was paid for the grant of the Awards.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1.   Details of the persons discharging managerial responsibilities
 (a)  Name:                                                         Zaid Al-Qassab
 2.   Reason for the clearance request
 (a)  Position / status:                                            Chief Executive Officer/PDMR
 (b)  Initial clearance request / subsequent clearance request:     Initial notification
 3.   Details of the issuer
 (a)  Name:                                                         M&C SAATCHI PLC
 (b)  LEI:                                                          213800XBLFQZ1T1KBA87
 4.   Details of the transaction(s)
 (a)  Description of the financial instrument, type of instrument:  One pence ordinary shares

      Identification code:

                                                                    ISIN GB00B01F7T14
 (b)  Nature of the transaction                                     Grant of nil cost option awards under the M&C Saatchi plc Long Term
                                                                    Incentive Plan.
 (c)  Price(s) and volume(s)                                        Price(s)                              Volumes(s)
      nil                                                                                                 586,510
 (d)  Aggregated information

      Aggregated volume:                                            586,510

      Aggregated price:                                             Nil
 (e)  Date of the transaction                                       30 May 2024
 (f)  Place of transaction                                          Off market

 

 

 1.   Details of the persons discharging managerial responsibilities
 (a)  Name:                                                         Bruce Marson
 2.   Reason for the clearance request
 (a)  Position / status:                                            Chief Financial Officer/PDMR
 (b)  Initial clearance request / subsequent clearance request:     Initial notification
 3.   Details of the issuer
 (a)  Name:                                                         M&C SAATCHI PLC
 (b)  LEI:                                                          213800XBLFQZ1T1KBA87
 4.   Details of the transaction(s)
 (a)  Description of the financial instrument, type of instrument:  One pence ordinary shares

      Identification code:

                                                                    ISIN GB00B01F7T14
 (b)  Nature of the transaction                                     Grant of nil cost option awards under the M&C Saatchi plc Long Term
                                                                    Incentive Plan.
 (c)  Price(s) and volume(s)                                        Price(s)                              Volumes(s)
      nil                                                                                                 134,408
 (d)  Aggregated information

      Aggregated volume:                                            134,408

      Aggregated price:                                             Nil
 (e)  Date of the transaction                                       30 May 2024
 (f)  Place of transaction                                          Off market

 

For further information please call:

 M&C Saatchi                                           +44 (0)20-7543-4500
 Zillah Byng-Thorne, Chair

 Zaid Al-Qassab, Chief Executive Officer
 Bruce Marson, Chief Financial Officer
 Jill Sherratt, Investor Relations
 Headland Consultancy                                  +44 (0)20 3805 4822
 Charlie Twigg
 Liberum Capital - Nominated Adviser and Joint Broker  +44 (0)20-3100-2000
 Max Jones, Edward Mansfield, Will King
 Deutsche Numis - Joint broker                         +44 (0)20-7260-1000
 Nick Westlake, Iqra Amin

About M&C Saatchi

M&C Saatchi is a creative solutions company with specialist expertise and
creativity in helping our clients grow by maximising the reach and potential
of their brands. It does this through its regional-first operating model with
five core specialisms - Advertising, Issues, Passions, Consulting and Media -
which it leverages in an integrated go-to-market approach. It has significant
global reach, with major hubs in the UK, Europe, Middle East, APAC and the
Americas and supported by global shared services.

M&C Saatchi is headquartered in London and listed on the FTSE AIM index of
the London Stock Exchange.

 

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