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RNS Number : 7803U M&C Saatchi PLC 02 July 2024
2 July 2024
M&C SAATCHI PLC
(the "Company")
Director/PDMR Shareholding
Grant of Long-Term Incentive Plan Awards
The Company announces that on 1 July 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 Director and person discharging
managerial responsibilities:
Director/PDMR Number of Shares under the Award
Simon Fuller 201,409
The Awards will vest on 1 July 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: Simon Fuller
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 201,409
(d) Aggregated information
Aggregated volume: 201,409
Aggregated price: Nil
(e) Date of the transaction 1 July 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
Simon Fuller, Chief Financial Officer
Jill Sherratt, Investor Relations
Headland Consultancy +44 (0)20 3805 4822
Charlie Twigg
Panmure Liberum - 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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