Vesting of Share Awards
Summary by AI BETAClose X
|
FOR IMMEDIATE RELEASE |
11 March 2026 |
WPP plc ("WPP")
Vesting of Executive Directors' 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 a conditional share award under the terms of the 2022 Executive Performance Share Plan ("EPSP") award and the WPP Stock Plan 2018 respectively.
|
Name of Executive Director |
Total number of shares vested |
Total number of shares sold to cover statutory withholding liabilities |
Date of transaction |
|
Cindy Rose |
88,271 |
41,571 |
10 March 2026 |
|
Joanne Wilson |
26,566 |
01 |
10 March 2026 |
1 As permitted under the rules of the WPP Stock Plan 2018 Joanne Wilson provided the Company with cash funds equal to the withholding liabilities due on vesting and therefore retained all the shares vesting.
|
1. |
Details of PDMR/person closely associated with them ('PCA') |
|
|
a) |
Name |
Cindy Rose |
|
b) |
Position/status |
Chief Executive Officer |
|
c) |
Initial notification/ |
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
|
|
Transaction 1 |
||
|
b) |
Nature of the transaction |
Acquisition of ordinary shares following the vesting of a portion of a conditional share award under the WPP 2022 Executive Performance Share Plan |
|
c) |
Price(s) and volume(s) |
Volume: 88,271 Price: n/a
|
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
|
e) |
Date of the transaction |
10 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
Transaction 2 |
||
|
b) |
Nature of the transaction |
Automatic sale of ordinary shares pursuant to a trading plan to cover statutory withholding liabilities and costs following the vesting of a conditional share award under the WPP 2022 Executive Performance Share Plan |
|
c) |
Price(s) and volume(s) |
Volume: 41,571 Price: £2.555
|
|
d) |
Aggregated information - Aggregated volume - Price |
n/a (single transaction) |
|
e) |
Date of the transaction |
10 March 2026 |
|
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/ |
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 following the vesting of an award made under the WPP Stock Plan 2018 |
|
c) |
Price(s) and volume(s) |
Volume: 26,566 Price: n/a
|
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
|
e) |
Date of the transaction |
10 March 2026 |
|
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
Further information
Media: press@wpp.com
Investors: irteam@wpp.com
About WPP
WPP is the trusted growth partner for the world's leading brands. We unite cutting-edge media intelligence and data solutions, world-class creativity, next-generation production, transformative enterprise solutions and expert strategic counsel in a single company - powered by exceptional talent and our agentic marketing platform, WPP Open, to help our clients navigate change, capture opportunity and deliver transformational growth. For more information, visit WPP.com
END
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.
Latest directors dealings
- 10 hours ago Johnson Matthey
- 11 hours ago Galliford Try
- 12 hours ago Galliford Try
- 12 hours ago Centrica
- 12 hours ago Smith & Nephew