Last checked at 4 Dec 2019 16:54
M&C Saatchi plc ("the Company")
Director and PDMR Shareholding
M&C Saatchi plc was notified on 4 December 2019 that Jeremy Sinclair, David Kershaw and Bill Muirhead (executive directors of the Company) each purchased 415,323 ordinary shares of 1p each in the Company at a price of 79.7 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 4,579,697 ordinary shares in the Company and represents approximately 4.92% 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) |
|
| 79.7p
| 415,323 |
| ||
d) | Aggregated information ·; Aggregated volume ·; Aggregated price |
415,323 £331,012.43 | |||
e) | Date of the transaction | 4 December 2019
| |||
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) |
|
| 79.7p
| 415,323 |
| ||
d) | Aggregated information ·; Aggregated volume ·; Aggregated price |
415,323 £331,012.43 | |||
e) | Date of the transaction | 4 December 2019
| |||
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) |
|
| 79.7p
| 415,323 |
| ||
d) | Aggregated information ·; Aggregated volume ·; Aggregated price |
415,323 £331,012.43 | |||
e) | Date of the transaction | 4 December 2019
| |||
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