WPP Group PLC
08 March 2007
For Immediate Release 8 March 2007
ANNOUNCEMENT
WPP GROUP PLC ("WPP")
WPP was notified on 8 March 2007 of the following shares vested, pursuant to the
terms of the WPP 2004 to 2006 Performance Share Plans.
On 6 March 2007, 97,914 ordinary shares vested for Sir Martin Sorrell. Sir
Martin is retaining all of these shares. At today's date Sir Martin and his
family interests are interested in or have rights in 13,742,315 shares
representing 1.111% of the issued share capital of WPP.
On 6 March 2007, 52,454 ordinary shares vested for Mr Paul Richardson. Mr
Richardson sold 26,280 shares at £7.407 per share to settle tax and other
liabilities. At today's date Mr Richardson has interests in 214,350 shares
representing 0.017% of the issued share capital of WPP.
On 6 March 2007, 3,788 ordinary shares vested for Mr Mark Read. Mr Read sold
1,557 shares at £7.407 per share to settle tax and other liabilities. Mr Read
has interests in 25,301 ordinary shares representing 0.002% of the issued share
capital of WPP.
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.