Executive Share Award

RNS Number : 3131L

WPP PLC

12 May 2022

 

FOR IMMEDIATE RELEASE                                                                                                        12 May 2022

WPP plc ("WPP")

Executive Share Award ("ESA")

WPP's Executive Directors' annual bonuses for 2021 were delivered in the form of a cash award and a deferred share award, the shares comprising 40% of the total bonus achieved.  The ESA will vest after two years, subject to continued employment, together with additional shares in respect of accrued dividends.

The 2021 ESA awards were granted on 10 May 2022 as follows:

Executive Director	Number of shares awarded
Mark Read	109,220
John Rogers	69,943

Details of the Executive Directors' bonus awards were published in the WPP 2021 Annual Report and Accounts.

Contact:

Chris Wade, WPP

[phone]

Richard Oldworth, Buchanan Communications

[phone]

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	Grant of conditional awards over WPP plc ordinary shares under the WPP plc Executive Performance Share Plan
c)	Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or purchased and price per share/ADR)	Price(s) Volume(s) Conditional Free Share Award 109,220
d)	Aggregated information -  Aggregated number -  Aggregated Price -  Total	N/A (single transaction)
e)	Date of the transaction	10 May 2022
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	John Rogers
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	Grant of conditional awards over WPP plc ordinary shares under the WPP plc Executive Performance Share Plan
c)	Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or purchased and price per share/ADR)	Price(s) Volume(s) Conditional Free Share Award 69,943
d)	Aggregated information -  Aggregated number -  Aggregated Price -  Total	N/A (single transaction)
e)	Date of the transaction	10 May 2022
f)	Place of the transaction	London Stock Exchange (XLON)

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

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