WPP PLC Executive Share Awards
09 Maggio 2024 - 6:25PM
RNS Regulatory News
RNS Number : 8732N
WPP PLC
09 May 2024
FOR
IMMEDIATE RELEASE
9
MAY 2024
WPP plc
("WPP")
Executive Share
Awards
WPP's Executive Director's annual
bonus for 2023 was delivered in the form of a cash award and a
deferred share award comprising 40% of the total bonus
achieved. The Executive Share Award (ESA) will vest after two
years, subject to continued employment.
The 2023 ESA award was granted on 7
May 2024 as follows:
|
Executive Director
|
Number of shares awarded
|
|
Mark Read
|
63,469
|
|
Joanne Wilson
|
23,519
|
|
Andrew Scott
|
29,460
|
Notes
1) These
awards were made in accordance with the terms of the 2023
Directors' Compensation Policy as approved by shareholders on 17
May 2023
2) Additional shares will be awarded at vesting in lieu of
dividends on the shares that vest
3) Awards
to Executive Directors are subject to an additional two-year
post-vesting holding period
|
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
|
Grant of conditional awards over WPP
plc ordinary shares under the WPP plc Stock Plan 2018
|
|
c)
|
Price(s) and volume(s)
(Number of WPP
ordinary shares or WPP ADRs sold or purchased and price per
share/ADR)
|
|
Price(s)
|
Volume(s)
|
|
Conditional Free Share
Award
|
63,469
|
|
|
d)
|
Aggregated information
- Aggregated
number
- Aggregated
Price
-
Total
|
N/A (single transaction)
|
|
e)
|
Date of the transaction
|
7 May 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
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
|
Grant of conditional awards over WPP
plc ordinary shares under the WPP plc Stock Plan 2018
|
|
c)
|
Price(s) and volume(s)
(Number of WPP
ordinary shares or WPP ADRs sold or purchased and price per
share/ADR)
|
|
Price(s)
|
Volume(s)
|
|
Conditional Free Share
Awards
|
23,519
|
|
|
d)
|
Aggregated information
- Aggregated
number
- Aggregated
Price
-
Total
|
N/A
|
|
e)
|
Date of the transaction
|
7 May 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
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
|
Grant of conditional awards over WPP
plc ordinary shares under the WPP plc Stock Plan 2018
|
|
c)
|
Price(s) and volume(s)
(Number of WPP
ordinary shares or WPP ADRs sold or purchased and price per
share/ADR)
|
|
Price(s)
|
Volume(s)
|
|
Conditional Free Share
Awards
|
29,460
|
|
|
d)
|
Aggregated information
- Aggregated
number
- Aggregated
Price
-
Total
|
N/A
|
|
e)
|
Date of the transaction
|
7 May 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
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
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