-
16 May 2025 23:06:46
- Source: Sharecast
16 May 2025
M&C SAATCHI PLC
(the "Company")
Director/PDMR Shareholding
Grant of Long-Term Incentive Plan Awards
The Company announces that on 13 May 2025 the following performance share awards (the "Awards") over ordinary shares of one pence each in the capital of the Company (the "Shares") were granted under the Company's Long Term Incentive Plan to the following Executive Directors and persons discharging managerial responsibilities:
|
Director/PDMR |
Number of Shares under the Award |
|
Zaid Al-Qassab |
564,617 |
|
Simon Fuller |
250,941 |
The Awards will vest on 13 May 2028 subject to the satisfaction of performance conditions and continued employment as set out in the Company's 2024 Directors' Remuneration Report.
The Awards are additionally subject to a two-year holding period following the vesting date. No consideration was paid for the grant of the Awards.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
|
1. |
Details of the persons discharging managerial responsibilities |
||
|
(a) |
Name: |
Zaid Al-Qassab |
|
|
2. |
Reason for the clearance request |
||
|
(a) |
Position / status: |
Chief Executive Officer/PDMR |
|
|
(b) |
Initial clearance request / subsequent clearance request: |
Initial notification |
|
|
3. |
Details of the issuer |
||
|
(a) |
Name: |
M&C SAATCHI PLC |
|
|
(b) |
LEI: |
213800XBLFQZ1T1KBA87 |
|
|
4. |
Details of the transaction(s) |
||
|
(a) |
Description of the financial instrument, type of instrument: Identification code: |
One pence ordinary shares
ISIN GB00B01F7T14 |
|
|
(b) |
Nature of the transaction |
Grant of nil cost option awards under the M&C Saatchi plc Long Term Incentive Plan. |
|
|
(c) |
Price(s) and volume(s) |
Price(s) |
Volumes(s) |
|
nil |
564,617 |
||
|
(d) |
Aggregated information Aggregated volume: Aggregated price: |
564,617 Nil |
|
|
(e) |
Date of the transaction |
13 May 2025 |
|
|
(f) |
Place of transaction |
Off market |
|
|
1. |
Details of the persons discharging managerial responsibilities |
||
|
(a) |
Name: |
Simon Fuller |
|
|
2. |
Reason for the clearance request |
||
|
(a) |
Position / status: |
Chief Financial Officer/PDMR |
|
|
(b) |
Initial clearance request / subsequent clearance request: |
Initial notification |
|
|
3. |
Details of the issuer |
||
|
(a) |
Name: |
M&C SAATCHI PLC |
|
|
(b) |
LEI: |
213800XBLFQZ1T1KBA87 |
|
|
4. |
Details of the transaction(s) |
||
|
(a) |
Description of the financial instrument, type of instrument: Identification code: |
One pence ordinary shares
ISIN GB00B01F7T14 |
|
|
(b) |
Nature of the transaction |
Grant of nil cost option awards under the M&C Saatchi plc Long Term Incentive Plan. |
|
|
(c) |
Price(s) and volume(s) |
Price(s) |
Volumes(s) |
|
nil |
250,941 |
||
|
(d) |
Aggregated information Aggregated volume: Aggregated price: |
250,941 Nil |
|
|
(e) |
Date of the transaction |
13 May 2025 |
|
|
(f) |
Place of transaction |
Off market |
|
For further information please call:
|
M&C Saatchi |
+44 (0)20-7543-4500 |
|
Zaid Al-Qassab, Chief Executive Officer |
|
|
Simon Fuller, Chief Financial Officer |
|
|
Thomas Fahey, Head of Investor Relations |
|
|
Headland Consultancy |
+44 (0)20-3805-4822 |
|
Rob Walker / Charlie Twigg / James Waters MCSaatchi@headlandconsultancy.com |
|
|
Panmure Liberum - Nominated adviser and joint broker |
+44 (0)20-3100-2000 |
|
Max Jones, Edward Mansfield, Will King |
|
|
Deutsche Numis - Joint broker |
+44 (0)20-7260-1000 |
|
Nick Westlake, Iqra Amin |
|
About M&C Saatchi
M&C Saatchi is a creative solutions company with specialist expertise and creativity in helping our clients grow by maximising the reach and potential of their brands. It does this through its regional-first operating model with five core specialisms - Advertising, Issues, Passions, Consulting and Media - which it leverages in an integrated go-to-market approach. It has significant global reach, with major hubs in the UK, Europe, Middle East, APAC and the Americas and is supported by global shared services. M&C Saatchi is headquartered in London and listed on the FTSE AIM index of the London Stock Exchange.
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