Vesting of executive share awards

WPP PLC

13 March 2024

 

FOR IMMEDIATE RELEASE                                                           13 March 2024

WPP plc ("WPP")

Vesting of executive share awards

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

The Company announces that the following persons discharging managerial responsibilities transacted in ordinary shares of 10 pence each in the Company due to the vesting of awards under the terms of the 2021 Executive Share Award ("ESA") made on 10 May 2022 and awards made under the WPP Stock Plan 2018 on 4 May 2023 which were subject to the performance conditions attached to the 2021 Executive Performance Share Plan ("EPSP") award. Awards subject to the 2021 EPSP performance conditions were 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	ESA	119,689	56,367	11 March 2024
Andrew Scott	ESA	50,890	23,967	11 March 2024
Joanne Wilson	WPP Stock Plan 2018	19,062	8,978	11 March 2024
Joanne Wilson	WPP Stock Plan 2018	8,467	3,988	11 March 2024

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 2019 Executive Share Award.
c)	Price(s) and volume(s)	Price(s) Volume(s) £ nil 119,689
d)	Aggregated information -     Aggregated volume -     Price	N/A (single transaction)
e)	Date of the transaction	11 March 2024
f)	Place of the transaction	London Stock Exchange
Transaction 2
b)	Nature of the transaction	Sale of Ordinary Shares to cover statutory withholding liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) £7.02 56,367
d)	Aggregated information -     Aggregated volume -     Price
e)	Date of the transactions	11 March 2024
f)	Place of the transaction	London Stock Exchange

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Andrew Scott
b)	Position/status	Chief Operating 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 2019 Executive Share Award.
c)	Price(s) and volume(s)	Price(s) Volume(s) £ nil 50,890
d)	Aggregated information -     Aggregated volume -     Price	N/A (single transaction)
e)	Date of the transaction	11 March 2024
f)	Place of the transaction	London Stock Exchange
Transaction 2
b)	Nature of the transaction	Sale of Ordinary Shares to cover statutory withholding liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) £7.02 23,967
d)	Aggregated information -     Aggregated volume -     Price
e)	Date of the transactions	11 March 2024
f)	Place of the transaction	London Stock Exchange

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Joanne Wilson
b)	Position/status	Chief Financial 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 Stock Plan 2018.
c)	Price(s) and volume(s)	Price(s) Volume(s) £ nil 19,062 £ nil 8,467
d)	Aggregated information -     Aggregated volume -     Price	27,529 £nil
e)	Date of the transaction	11 March 2024
f)	Place of the transaction	London Stock Exchange
Transaction 2
b)	Nature of the transaction	Sale of Ordinary Shares to cover statutory withholding liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) £7.02 8,978 £7.02 3,988
d)	Aggregated information -     Aggregated volume -     Price	12,966 £7.02
e)	Date of the transactions	11 March 2024
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, planet, clients and communities. For more information, visit www.wpp.com.

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