Director/PDMR Shareholding

RNS Number : 7230B

M&C Saatchi PLC

24 September 2018

 

Director's Dealings

M&C Saatchi PLC ("M&C Saatchi" or the "Company"), was notified on 21 September 2018, that to fulfil a personal financial commitment as part of a divorce settlement, Jamie Hewitt, an executive director, sold a total of 54,451 shares at a price of 375 pence per share.

Following the dealings, Jamie Hewitt retains no shares in M&C Saatchi. 

The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.   

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jamie Hewitt
2	Reason for the notification
a)	Position / status	PDMR
b)	Initial notification / amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	M&C Saatchi plc
b)	Legal entity identifier	213800XBLFQZ1T1KBA87
4	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,  type of instrument	Ordinary shares of 1p each ("Shares")
	Identification code	SAA
b)	Nature of the transaction	Sale of Shares
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			375.0p	54,451
d)	Aggregated information ·     Aggregated volume ·     Aggregated price	54,451 £204,191.25
e)	Date of the transaction	21 September 2018
f)	Place of the transaction	London Stock Exchange

For further information, please contact:

M&C Saatchi                           [phone]
Andy Blackstone, Company Secretary

Numis Securities                    [phone]
Nick Westlake, NOMAD
Charles Farquhar, Corporate Broking

Tulchan Communications      [phone]
Tom Murray

END

 

END

 

 

DSHUSOARWNAKUAR