Director/PDMR Shareholding

Released : 13/04/2015 07:00

RNS Number : 9667J

M&C Saatchi PLC

13 April 2015

 

Director's Dealings

M&C Saatchi PLC ("M&C Saatchi" or the "Company"), was notified on 10 April 2015, that Executive Directors sold a total of 2,900,000 shares at a price of 330 pence per share as follows:

Executive Director                  Number Sold               Holding after sale                    % Holding

Jeremy Sinclair                       692,934                       4,127,060                                5.8%

David Kershaw                       692,934                       4,127,060                                5.8%

Maurice Saatchi                      692,934                       4,127,060                                5.8%

Bill Muirhead                            692,934                       4,127,060                                5.8%

Jamie Hewitt                           128,264                       166,848                                   0.2%

 

The share sale represents the recently vested LTIP shares granted to the Executive Directors as announced on 19 January 2015 and the Directors have no intention of selling any further shares in the next 12 months. Following the dealings the Executive Directors remaining shareholdings are as detailed in the table above. 

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
Louise Högberg

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This information is provided by RNS

The company news service from the London Stock Exchange

 

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