Last checked at 12 Aug 2019 10:27
M&C Saatchi plc ("the Company")
Director and PDMR Shareholding
M&C Saatchi plc was notified on 12 August 2019 that Jeremy Sinclair, David Kershaw and Bill Muirhead (executive directors of the Company) each purchased 37,314 ordinary shares of 1p each in the Company at a price of 268 pence per share.
As a result of this transaction, each of the abovementioned executive director's beneficial interest in the Company, now amounts to a total holding of 4,164,374 ordinary shares in the Company and represents approximately 4.56% of the issued share capital of the Company.
The Company was also notified on 12 August 2019 that Mickey Kalifa (Finance Director) purchased 27,985 ordinary shares of 1p each in the Company at a price of 268 pence per share, resulting in his total holding being 27,985 ordinary shares in the Company and represents approximately 0.03% of the issued share capital of the Company.
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 | Jeremy Sinclair | |||
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 | Purchase of Shares | |||
c) | Price(s) and volume(s) |
| Price(s) | Volume(s) |
|
| 268.0p
| 37,314 |
| ||
d) | Aggregated information ·; Aggregated volume ·; Aggregated price |
37,314 £100,001.52 | |||
e) | Date of the transaction | 12 August 2018
| |||
f) | Place of the transaction | London Stock Exchange | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | David Kershaw | |||
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 | Purchase of Shares | |||
c) | Price(s) and volume(s) |
| Price(s) | Volume(s) |
|
| 268.0p
| 37,314 |
| ||
d) | Aggregated information ·; Aggregated volume ·; Aggregated price |
37,314 £100,001.52 | |||
e) | Date of the transaction | 12 August 2018
| |||
f) | Place of the transaction | London Stock Exchange | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Bill Muirhead | |||
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 | Purchase of Shares | |||
c) | Price(s) and volume(s) |
| Price(s) | Volume(s) |
|
| 268.0p
| 37,314 |
| ||
d) | Aggregated information ·; Aggregated volume ·; Aggregated price |
37,314 £100,001.52 | |||
e) | Date of the transaction | 12 August 2018
| |||
f) | Place of the transaction | London Stock Exchange | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Mickey Kalifa | |||
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 | Purchase of Shares | |||
c) | Price(s) and volume(s) |
| Price(s) | Volume(s) |
|
| 268.0p
| 27,985 |
| ||
d) | Aggregated information ·; Aggregated volume ·; Aggregated price |
27,985 £74,999.80 | |||
e) | Date of the transaction | 12 August 2018
| |||
f) | Place of the transaction | London Stock Exchange | |||
For further information, please contact:
M&C Saatchi +44 (0) 207 544 3693Andy Blackstone, Company Secretary
Numis Securities +44 (0) 207 260 1000Nick Westlake, Hugo Rubinstein, NOMAD
Tulchan Communications +44 (0) 207 353 4200Tom Murray