Director/PDMR Shareholding

Released : 11/06/2013 07:00

RNS Number : 6995G

M&C Saatchi PLC

11 June 2013

 

Directors Shareholding

In accordance and in fulfilment of our 4th February 2013 announcement the Company is pleased to announcement the issue of 3,546,932 ordinary shares of 1 pence each in the Company (the "Ordinary Shares") to the following M&C Saatchi directors:

 

Executive Director   Issued               Holding after issue        % holding

Jeremy Sinclair        886,733                  4,686,102                  6.95%

David Kershaw        886,733                  4,686,102                  6.95%

Maurice Saatchi       886,733                  4,686,102                  6.95%

Bill Muirhead            886,733                  4,686,102                  6.95%

 

Application has been made for the 3,546,932 Ordinary Shares to be admitted to trading to AIM, with trading expected to become effective on 13 June 2013 ("Admission"). Upon Admission, these Shares will rank pari passu in all respects with the existing Shares in issue, though are subject to a one year lock in.

Following Admission, the total number of Shares in issue will be 68,136,745, of which 700,000 Shares are held in treasury. Therefore, the total number of Shares with voting rights in issue will be 67,436,745.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

 

For further information, please contact:

 

M&C Saatchi                         +44 (0) 207 544 3693
Andy Blackstone, Company Secretary  

    

Numis Securities                   +44 (0) 207 260 1000
Nick Westlake, NOMAD
Charles Farquhar, Corporate Broking 

    

Tulchan Communications     +44 (0) 207 353 4200
Lucy Legh 
Susanna Voyle  

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This information is provided by RNS

The company news service from the London Stock Exchange

 

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