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Executive Share Award ("ESA")

31 May 2019 14:48

RNS Number : 8049A
WPP PLC
31 May 2019
 

For Immediate Release

31 May 2019

 

 

WPP plc ("WPP")

Executive Share Award ("ESA")

 

WPP's Executive Directors' annual bonuses for 2018 were delivered in the form of a cash award and a deferred share award, the share awards comprising 40% of the total bonus achieved. The ESA will vest after a minimum of two years, subject to continued employment, together with additional shares in respect of accrued dividends.

The 2018 ESA awards were granted on 30th May 2019 as follows:

Director

Number of shares

Mr Mark Read

62,834 WPP ordinary shares

Mr Paul Richardson

14,235 WPP ordinary shares in the form of

2,847 WPP ADRs

 

Details of the Executive Directors' bonus awards were published in the WPP 2018 Annual Report and Accounts.

At today's date, Mr Read holding in WPP is 168,772 ordinary shares and Mr Richardson's holding in WPP is the equivalent of 1,068,240 ordinary shares (all being in WPP ADRs).

 

Contact:

Richard Oldworth, Buchanan Communications

 

+44 (0)7710 130634

 

 

 

 

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.
 
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