Director/PDMR Shareholding

RNS Number : 7190V

M&C Saatchi PLC

04 December 2019

 

M&C Saatchi plc ("the Company")

Director and PDMR Shareholding

M&C Saatchi plc was notified on 4 December 2019 that Jeremy Sinclair, David Kershaw and Bill Muirhead (executive directors of the Company) each purchased 415,323 ordinary shares of 1p each in the Company at a price of 79.7 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 4,579,697 ordinary shares in the Company and represents approximately 4.92% 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)
			79.7p	415,323
d)	Aggregated information ·    Aggregated volume ·    Aggregated price	415,323 £331,012.43
e)	Date of the transaction	4 December 2019
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)
			79.7p	415,323
d)	Aggregated information ·    Aggregated volume ·    Aggregated price	415,323 £331,012.43
e)	Date of the transaction	4 December 2019
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)
			79.7p	415,323
d)	Aggregated information ·    Aggregated volume ·    Aggregated price	415,323 £331,012.43
e)	Date of the transaction	4 December 2019
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

 

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