Director/PDMR Shareholding

RNS Number : 7223I

M&C Saatchi PLC

12 August 2019

 

M&C Saatchi plc ("the Company")

Director and PDMR Shareholding

M&C Saatchi plc was notified on 12 August 2019 that Jeremy Sinclair, David Kershaw and Bill Muirhead (executive directors of the Company) each purchased 37,314 ordinary shares of 1p each in the Company at a price of 268 pence per share.

As a result of this transaction, each of the abovementioned executive director's beneficial interest in the Company, now amounts to a total holding of 4,164,374 ordinary shares in the Company and represents approximately 4.56% of the issued share capital of the Company.

The Company was also notified on 12 August 2019 that Mickey Kalifa (Finance Director) purchased 27,985 ordinary shares of 1p each in the Company at a price of 268 pence per share, resulting in his total holding being 27,985 ordinary shares in the Company and represents approximately 0.03% of the issued share capital of the Company.

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	Jeremy Sinclair
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	Purchase of Shares
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			268.0p	37,314
d)	Aggregated information ·    Aggregated volume ·    Aggregated price	37,314 £100,001.52
e)	Date of the transaction	12 August 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Kershaw
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	Purchase of Shares
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			268.0p	37,314
d)	Aggregated information ·    Aggregated volume ·    Aggregated price	37,314 £100,001.52
e)	Date of the transaction	12 August 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bill Muirhead
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	Purchase of Shares
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			268.0p	37,314
d)	Aggregated information ·    Aggregated volume ·    Aggregated price	37,314 £100,001.52
e)	Date of the transaction	12 August 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mickey Kalifa
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	Purchase of Shares
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			268.0p	27,985
d)	Aggregated information ·    Aggregated volume ·    Aggregated price	27,985 £74,999.80
e)	Date of the transaction	12 August 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, Hugo Rubinstein, NOMAD
 

Tulchan Communications                          [phone]
Tom Murray

 

END

 

 

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