Director/PDMR Shareholding

Released : 07/11/2017 11:54

RNS Number : 8005V

M&C Saatchi PLC

07 November 2017

 

M&C Saatchi PLC

7 November 2017

M&C Saatchi PLC ("M&C Saatchi" or "the Company")

Director/PDMR Shareholding

 

The Company has been notified that Moray MacLennan, a PDMR, sold 25,000 ordinary shares of 1p each ("Shares") on 20 October 2017 at a price of 321.25p per share and 75,000 Shares on 31 October at a price of 335.1p per Share.

 

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

Moray MacLennan

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

Sale of Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

 

321.25p

335.1p

25,000

75,000

 

d)

Aggregated information

·    Aggregated volume

·    Aggregated price

 

100,000

£331,637.50

e)

Date of the transaction

20 October 2017

31 October 2017

f)

Place of the transaction

London Stock Exchange

 

 

-ends-

 

For further information, please contact:

 

M&C Saatchi plc                                  +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 

 Tom Murray

 

 


This information is provided by RNS

The company news service from the London Stock Exchange

 

END

 

 

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