Director/PDMR Shareholding

RNS Number : 9332N

M&C Saatchi PLC

03 February 2021

 

M&C Saatchi plc ("the Company")

Director and PDMR Shareholding

M&C Saatchi plc was notified on 3 February 2021 that Moray MacLennan, Chief Executive Officer, purchased 561,798 ordinary shares of 1p each in the Company at a price of 89.00 pence per share.

As a result of this transaction, Mr MacLennan's beneficial interest in the Company, now amounts to a total holding of 562,149 ordinary shares in the Company and represents approximately 0.46% 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 persons discharging managerial responsibilities
(a)	Name:	Moray MacLennan
(b)	Contact details:	[phone]
2.	Reason for the clearance request
(a)	Position / status:	Chief Executive Officer
(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	Purchase of shares
(c)	Price(s) and volume(s)	Price(s)	Volumes(s)
		£0.89	561,798
(d)	Aggregated information Aggregated volume: Aggregated price:	561,798 £500,000.22
(e)	Date of the proposed transaction	3 February 2021
(f)	Place of transaction	London Stock Exchange

For further information please call:

M&C Saatchi	[phone]
Moray MacLennan, Mickey Kalifa
Tulchan Communications	[phone]
Tom Murray, Deborah Roney
Numis Securities	[phone]
Nick Westlake, Hugo Rubinstein, NOMAD Charles Farquhar, Corporate Broking

 

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