Vesting of Executive Share Award

RNS Number : 3933T

WPP PLC

17 March 2023

 

FOR IMMEDIATE RELEASE     17 March 2023

WPP plc ("WPP")

Vesting of executive share award

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities or their Connected Persons

The Company announces that the following person discharging managerial responsibilities transacted in ordinary shares of 10 pence each in the Company due to the exercise of awards made under the terms of the 2020 Executive Performance Share Plan ("EPSP") award. The 2020 EPSP was made on 24 November 2020 and vested on 15 March 2023 as a result of the performance conditions attaching to the 2020 EPSP award having been satisfied as to 66.67%.

Name of Executive Director	Plan	Total number of shares vested	Total number of shares sold to cover statutory withholding liabilities	Date of sale
Mark Read	EPSP	328,628	154,765	15 and 16 March 2023

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Mark Read
b)	Position/status	Chief Executive Officer
c)	Initial notification/ amendment	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 made under the WPP 2020 Executive Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £ Nil cost option 328,628
d)	Aggregated information -  Aggregated volume -  Price	N/A (single transaction)
e)	Date of the transaction	15 March 2023
f)	Place of the transaction	London Stock Exchange
Transaction 2
b)	Nature of the transaction	Sale of Ordinary Shares made under the WPP 2020 Executive Performance Share Plan to cover statutory withholding liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) £9.3278 154,765
d)	Aggregated information -  Aggregated volume -  Price	154,765 £9.3278
e)	Date of the transactions	15 and 16 March 2023
f)	Place of the transaction	London Stock Exchange

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

Balbir Kelly-Bisla

Group Company Secretary

Contact for further information:

Chris Wade, WPP

[phone]

About WPP

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, clients and communities. For more information, visit  www.wpp.com .

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