Director/PDMR Shareholding

RNS Number : 5849N
M&C Saatchi PLC
30 September 2021
 

30 September 2021

M&C SAATCHI PLC

(the "Company")

Director/PDMR Shareholding

Grant of Restricted Share Plan Awards

 

The Company announces that on 28 September 2021 the following restricted 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 Restricted Share Award Plan to the following Executive Director and person discharging managerial responsibilities:

 

Director/ PDMR

Number of Shares under the Awards

Mickey Kalifa

798,666

544,666 of the Shares under the Awards will normally vest in early 2023 and a further 254,000 Shares will normally vest in early 2024, s ubject to continued employment. 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:

Mickey Kalifa

(b)

Contact details:

+44 (0)20-7543-4500

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 proposed transaction(s)

(a)

Description of the financial instrument, type of instrument:

Identification code:

One pence ordinary shares

 

ISIN GB00B01F7T14

(b)

Nature of the proposed transaction

Grant of nil cost option awards under the M&C Saatchi plc Restricted Share Award Plan.

(c)

Price(s) and volume(s)

Price(s)

Volumes(s)

nil

798,666

(d)

Aggregated information

Aggregated volume:

Aggregated price:

 

N/A

(e)

Date of the proposed transaction

28 September 2021

(f)

Place of transaction

London Stock Exchange

 

For further information please call:

 

M&C Saatchi Plc

  +44 (0)20-7543-4500

Moray MacLennan, Mickey Kalifa

 

 

 

Tulchan Communications

  +44 (0)20-7353-4200

Tom Murray, Matt Low, Hollie Ralston

 

 

Numis Securities

  +44 (0)20-7260-1000

Nick Westlake, Hugo Rubinstein, NOMAD

Charles Farquhar, Corporate Broking

 

 

Liberum

  +44 (0)20-3100-2000

Neil Patel, Benjamin Cryer, Edward Phillips, Will King

 


 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
DSHURRURAAUKOAR

Companies

M&C Saatchi (SAA)
UK 100

Latest directors dealings