WPP PLC Vesting of executive share awards
13 Marzo 2024 - 6:10PM
RNS Regulatory News
RNS Number : 7592G
WPP PLC
13 March 2024
FOR
IMMEDIATE RELEASE
13 March 2024
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 persons 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 2021 Executive
Share Award ("ESA") made on 10 May 2022 and awards made under the
WPP Stock Plan 2018 on 4 May 2023 which were subject to the
performance conditions attached to the 2021 Executive Performance
Share Plan ("EPSP") award. Awards subject to the 2021 EPSP
performance conditions were satisfied as to 66.67%.
|
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
|
119,689
|
56,367
|
11 March 2024
|
|
Andrew Scott
|
ESA
|
50,890
|
23,967
|
11 March 2024
|
|
Joanne Wilson
|
WPP Stock Plan 2018
|
19,062
|
8,978
|
11 March 2024
|
|
Joanne Wilson
|
WPP Stock Plan 2018
|
8,467
|
3,988
|
11 March 2024
|
|
1.
|
Details of PDMR/person closely associated with them
('PCA')
|
|
a)
|
Name
|
Mark Read
|
|
b)
|
Position/status
|
Chief Executive Officer
|
|
c)
|
Initial notification/
amendment
|
Initial notification
|
|
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 2019 Executive Share Award.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£ nil
|
119,689
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
N/A (single transaction)
|
|
e)
|
Date of the transaction
|
11 March 2024
|
|
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)
|
|
£7.02
|
56,367
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
|
|
e)
|
Date of the transactions
|
11 March 2024
|
|
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/
amendment
|
Initial notification
|
|
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 2019 Executive Share Award.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£ nil
|
50,890
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
N/A (single transaction)
|
|
e)
|
Date of the transaction
|
11 March 2024
|
|
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)
|
|
£7.02
|
23,967
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
|
|
e)
|
Date of the transactions
|
11 March 2024
|
|
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/
amendment
|
Initial notification
|
|
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
|
19,062
|
|
£ nil
|
8,467
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
27,529
£nil
|
|
e)
|
Date of the transaction
|
11 March 2024
|
|
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)
|
|
£7.02
|
8,978
|
|
£7.02
|
3,988
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
12,966
£7.02
|
|
e)
|
Date of the transactions
|
11 March 2024
|
|
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
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, planet, clients and communities. For more information,
visit 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 or visit
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.
END
DSHJJMRTMTMBBTI
Grafico Azioni Wpp (LSE:WPP)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Wpp (LSE:WPP)
Storico
Da Nov 2023 a Nov 2024
