Vesting of executive share award

WPP PLC
16 May 2023
 

FOR IMMEDIATE RELEASE                                                                            16 May 2023

 

WPP plc ("WPP")

 

Vesting of executive share award

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities or their Connected Persons

The Company announces that the following person discharging managerial responsibilities transacted in ordinary shares of 10 pence each in the Company due to the vesting of a share award made on 4 May 2023.

 

Name of Executive Director

Plan

Total number of shares vested

Total number of shares sold to cover statutory withholding liabilities

Date of sale

Joanne Wilson

WPP Stock Plan 2018

7,950

3,744

12 May 2023

 

 

 

 

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

Transaction 1

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 WPP Stock Plan 2018

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£ nil

7,950

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

12 May 2023

f)

Place of the transaction

London Stock Exchange

Transaction 2

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 

Sale of Ordinary Shares to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£ 8.938

3,744

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

12 May 2023

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

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WPP (WPP)
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