Vesting of executive share awards

RNS Number : 0769E
WPP PLC
08 March 2022
 

WPP plc (the "Company")
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 made under the terms of the 2019 Executive Share Award ("ESA") made on 14 May 2020. The ESA vested on 7 March 2022.

 

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

101,630

47,862

7 March 2022

 

 

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 plc 2019 Executive Share Award.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

  101,630

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A (single transaction)

e)

Date of the transaction

7 March 2022

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction 

Sale of Ordinary Shares made under the WPP plc 2019 Executive Share Award to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£9.2295

47,862

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A (single transaction)

e)

Date of the transaction

7 March 2022

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.

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, clients and communities. For more information, visit   www.wpp.com .

 

END

 

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