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Last checked at 
30 Sep 2021 14:00
30 September 2021
M&C SAATCHI PLC
(the "Company")
Director/PDMR Shareholding
Grant of Long-Term Incentive Plan Awards
The Company announces that on 28 September 2021 the following performance share awards (the "Awards") over ordinary shares of one pence each in the capital of the Company (the "Shares") were granted under the Company's Long Term Incentive Plan to the following Executive Directors and persons discharging managerial responsibilities:
Director/PDMR | Number of Shares under the Awards |
Moray MacLennan | 600,000 |
Mickey Kalifa | 461,538 |
The Awards will normally vest three years after grant, subject to the satisfaction of performance conditions and continued employment as set out in the Company's 2020 Directors' Remuneration Report.
The Awards are additionally subject to a two-year holding period following the vesting date. No consideration was paid for the grant of the Awards.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1. | Details of the persons discharging managerial responsibilities | ||
(a) | Name: | Moray MacLennan | |
(b) | Contact details: | +44 (0)20-7543-4500 | |
2. | Reason for the clearance request | ||
(a) | Position / status: | Chief Executive Officer/PDMR | |
(b) | Initial clearance request / subsequent clearance request: | Initial notification | |
3. | Details of the issuer | ||
(a) | Name: | M&C SAATCHI PLC | |
(b) | LEI: | 213800XBLFQZ1T1KBA87 | |
4. | Details of the proposed transaction(s) | ||
(a) | Description of the financial instrument, type of instrument: Identification code: | One pence ordinary shares
ISIN GB00B01F7T14 | |
(b) | Nature of the proposed transaction | Grant of nil cost option awards under the M&C Saatchi plc Long Term Incentive Plan. | |
(c) | Price(s) and volume(s) | Price(s) | Volumes(s) |
nil | 600,000 | ||
(d) | Aggregated information Aggregated volume: Aggregated price: |
N/A | |
(e) | Date of the proposed transaction | 28 September 2021 | |
(f) | Place of transaction | London Stock Exchange | |
1. | Details of the persons discharging managerial responsibilities | ||
(a) | Name: | Mickey Kalifa | |
(b) | Contact details: | +44 (0)20-7543-4500 | |
2. | Reason for the clearance request | ||
(a) | Position / status: | Chief Financial Officer/PDMR | |
(b) | Initial clearance request / subsequent clearance request: | Initial notification | |
3. | Details of the issuer | ||
(a) | Name: | M&C SAATCHI PLC | |
(b) | LEI: | 213800XBLFQZ1T1KBA87 | |
4. | Details of the proposed transaction(s) | ||
(a) | Description of the financial instrument, type of instrument: Identification code: | One pence ordinary shares
ISIN GB00B01F7T14 | |
(b) | Nature of the proposed transaction | Grant of nil cost option awards under the M&C Saatchi plc Long Term Incentive Plan. | |
(c) | Price(s) and volume(s) | Price(s) | Volumes(s) |
nil | 461,538 | ||
(d) | Aggregated information Aggregated volume: Aggregated price: |
N/A | |
(e) | Date of the proposed transaction | 28 September 2021 | |
(f) | Place of transaction | London Stock Exchange | |
For further information please call:
M&C Saatchi Plc | +44 (0)20-7543-4500 |
Moray MacLennan, Mickey Kalifa |
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