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Directors’ and PDMRs’ Shareholding

15 Nov 2022 16:37

RNS Number : 5088G
M&C Saatchi PLC
15 November 2022
 

15 November 2022

M&C SAATCHI PLC

(the "Company")

Directors' and PDMRs' Shareholding

The Company was notified today that Gareth Davis, Non-Executive Chairman of the Company and Lisa Gordon, a Non-Executive Director of the Company purchased ordinary shares of one pence each in the Company ("Ordinary Shares").

Mr Davis purchased a total of 75,870 Ordinary Shares at an average price of £1.33 across 10 November 2022 and 11 November 2022. Mrs Gordon purchased 50,000 Ordinary Shares at a price of £1.40 per share on 15 November 2022.

As a result of this transaction, Mr Davis' beneficial interest in the Company, now amounts to a total holding of 178,590 Ordinary Shares in the Company and represents approximately 0.15% of the issued share capital of the Company.

As a result of this transaction, Mrs Gordon's beneficial interest in the Company, now amounts to a total holding of 100,000 Ordinary Shares in the Company and represents approximately 0.08% 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 persons discharging managerial responsibilities

(a)

Name:

Gareth Davis

2.

Reason for the notification

(a)

Position / status:

Non-Executive Chairman

(b)

Initial notification / amendment:

Initial notification

3.

Details of the issuer

(a)

Name:

M&C SAATCHI PLC

(b)

LEI:

213800XBLFQZ1T1KBA87

4.

Details of the transaction(s)

(a)

Description of the financial instrument, type of instrument:

Identification code:

One pence ordinary shares

 

ISIN GB00B01F7T14

(b)

Nature of the transaction

Purchase of shares

(c)

Price(s) and volume(s)

Price(s)

Volumes(s)

£1.30

21,225

 

£1.3378

54,645

(d)

Aggregated information

Aggregated volume:

Aggregated price:

 

75,870

£100,697

(e)

Date of the transaction

10 and 11 November 2022

(f)

Place of transaction

London Stock Exchange

 

1.

Details of the persons discharging managerial responsibilities

(a)

Name:

Lisa Gordon

2.

Reason for the notification

(a)

Position / status:

Non-Executive Director

(b)

Initial notification / amendment:

Initial notification

3.

Details of the issuer

(a)

Name:

M&C SAATCHI PLC

(b)

LEI:

213800XBLFQZ1T1KBA87

4.

Details of the transaction(s)

(a)

Description of the financial instrument, type of instrument:

Identification code:

One pence ordinary shares

 

ISIN GB00B01F7T14

(b)

Nature of the transaction

Purchase of shares

(c)

Price(s) and volume(s)

Price(s)

Volumes(s)

£1.40

50,000

(d)

Aggregated information

Aggregated volume:

Aggregated price:

 

50,000

£70,000

(e)

Date of the transaction

15 November 2022

(f)

Place of transaction

London Stock Exchange

 

For further information please call:

M&C Saatchi plc

+44 (0)20-7543-4500

Gareth Davis, Chairman

Numis Securities (Joint Broker)

+44 (0)20-7260-1000

Nick Westlake, Iqra Amin 

Liberum (Nomad and Joint Broker)

+44 (0)20-3100-2000

Neil Patel, Benjamin Cryer, Will King

Brunswick

+44 (0)207-404-5959

Sumeet Desai, Stuart Donnelly, Kate Pope

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBABFTMTJBBAT
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