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Share Price: 187.00

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IN BRIEF: New M&C Saatchi CEO MacLennan Buys GBP500,000 In Shares

Thu, 04th Feb 2021 15:54

M&C Saatchi PLC - London-based advertising agency - Chief Executive Officer Moray MacLennan buys 561,798 shares at 89.00 pence, worth GBP500,000, on Wednesday. Now has 562,149 shares, a 0.5% stake. MacLennan was named M&C Saatchi's new CEO back in November, starting in the job and joining the board on January 1, as part of leadership shake-up that also saw Gareth Davis promoted to non-executive chair from deputy chair. MacLennan joined Saatchi & Saatchi as a trainee in 1983, leaving to help start M&C Saatchi in 1995. He became Worldwide CEO in 2010.

Current stock price: 96.21 pence

Year-to-date change: up 15%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News

31 Mar 2022 16:17

Vin Murria given another four weeks to bid for M&C Saatchi

(Sharecast News) - M&C Saatchi announced another extension to the 'put-up-or-shut-up' deadline on its proposed sale to AdvancedAdvT, controlled by director Vin Murria, on Thursday.

3 Mar 2022 20:34

TRADING UPDATES: Next Fifteen raises GBP50 million; N Brown sales up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

3 Feb 2022 15:19

IN BRIEF: M&C Saatchi gives AdvancedAdvT more time but rejects new bid

IN BRIEF: M&C Saatchi gives AdvancedAdvT more time but rejects new bid

3 Feb 2022 09:53

M&C Saatchi adds another month to AdvT offer deadline

(Sharecast News) - M&C Saatchi announced an extension to the 'put up or shut up' deadline for the takeover bid from AdvancedAdvT on Thursday, as they continued to paint it as an undervalued offer.

3 Feb 2022 09:53

M&C Saatchi adds another month to AdvT offer deadline

(Sharecast News) - M&C Saatchi announced an extension to the 'put up or shut up' deadline for the takeover bid from AdvancedAdvT on Thursday, as they continued to paint it as an undervalued offer.

3 Feb 2022 07:27

UPDATE 1-Ad group M&C rejects latest takeover from Murria, agree to talk

(Adds details on offer)LONDON, Feb 3 (Reuters) - The independent directors of British advertising group M&C Saatchi have rejected another takeover approach from its biggest shareholder Vin Murria, but agreed to continue talking to see if a deal ca...

3 Feb 2022 07:11

Ad group M&C rejects latest takeover from Murria, agree to talk

LONDON, Feb 3 (Reuters) - The independent directors of British advertising group M&C Saatchi have rejected another takeover approach from its biggest shareholder Vin Murria, but have agreed to continue talks to see if a deal can be done.M&C said ...

2 Feb 2022 19:55

M&C Saatchi deal deadline likely to be extended

LONDON, Feb 2 (Reuters) - A deadline Thursday for the biggest shareholder in M&C Saatchi to clarify its intentions in making a bid for the advertising group is likely to be extended to allow the two sides to keep talking.M&C, one of the biggest na...

24 Jan 2022 12:47

UPDATE: M&C Saatchi says improved AdvancedAdvT offer undervalues it

UPDATE: M&C Saatchi says improved AdvancedAdvT offer undervalues it

24 Jan 2022 11:15

M&C Saatchi rejects partial cash takeover offer from AdvancedAdvT

M&C Saatchi rejects partial cash takeover offer from AdvancedAdvT

24 Jan 2022 11:02

M&C Saatchi rejects increased offer from suitor

(Sharecast News) - The independent directors of M&C Saatchi have rejected an increased bid from its largest shareholder and chair, the company said on Monday.

24 Jan 2022 11:01

SMALL-CAP WINNERS & LOSERS: De La Rue plunges after profit warning

SMALL-CAP WINNERS & LOSERS: De La Rue plunges after profit warning

24 Jan 2022 08:58

LONDON MARKET OPEN: Stocks lower; Unilever rises as Trian builds stake

LONDON MARKET OPEN: Stocks lower; Unilever rises as Trian builds stake

24 Jan 2022 08:27

LONDON BRIEFING: M&C Saatchi rejects improved takeover offer

LONDON BRIEFING: M&C Saatchi rejects improved takeover offer

24 Jan 2022 08:07

UPDATE 3-M&C Saatchi rejects improved offer from top shareholder

* Second approach from Murria rejected* M&C says offer significantly undervalues firm (Adds M&C statement)LONDON, Jan 24 (Reuters) - Advertising group M&C Saatchi has rejected an improved takeover approach from the acquisition vehicle of its top s...