Last checked at 12 May 2022 13:01
FOR IMMEDIATE RELEASE 12 May 2022
WPP plc ("WPP")
Executive Share Award ("ESA")
WPP's Executive Directors' annual bonuses for 2021 were delivered in the form of a cash award and a deferred share award, the shares comprising 40% of the total bonus achieved. The ESA will vest after two years, subject to continued employment, together with additional shares in respect of accrued dividends.
The 2021 ESA awards were granted on 10 May 2022 as follows:
Executive Director | Number of shares awarded |
Mark Read | 109,220 |
John Rogers | 69,943 |
Details of the Executive Directors' bonus awards were published in the WPP 2021 Annual Report and Accounts.
Contact:
Chris Wade, WPP
+44 (0)20 7282 4600
Richard Oldworth, Buchanan Communications
+44 (0)7710 130634
1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Mark Read | ||||||||
b) | Position/status | Chief Executive Officer | ||||||||
c) | Initial notification/amendment | Initial notification | ||||||||
2. | Details of the issuer | |||||||||
a) | Full name of the entity | WPP plc | ||||||||
b) | Legal Entity Identifier code | 549300LSGBXPYHXGDT93 | ||||||||
3. | 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 | Ordinary shares of 10 pence each ('Ordinary Shares') ISIN: JE00B8KF9B49 | ||||||||
b) | Nature of the transaction | Grant of conditional awards over WPP plc ordinary shares under the WPP plc Executive Performance Share Plan | ||||||||
c) | Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or purchased and price per share/ADR) |
| ||||||||
d) | Aggregated information - Aggregated number - Aggregated Price - Total | N/A (single transaction)
| ||||||||
e) | Date of the transaction | 10 May 2022 | ||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | John Rogers | ||||||||
b) | Position/status | Chief Financial Officer | ||||||||
c) | Initial notification/amendment | Initial notification | ||||||||
2. | Details of the issuer | |||||||||
a) | Full name of the entity | WPP plc | ||||||||
b) | Legal Entity Identifier code | 549300LSGBXPYHXGDT93 | ||||||||
3. | 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 | Ordinary shares of 10 pence each ('Ordinary Shares') ISIN: JE00B8KF9B49 | ||||||||
b) | Nature of the transaction | Grant of conditional awards over WPP plc ordinary shares under the WPP plc Executive Performance Share Plan | ||||||||
c) | Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or purchased and price per share/ADR) |
| ||||||||
d) | Aggregated information - Aggregated number - Aggregated Price - Total | N/A (single transaction)
| ||||||||
e) | Date of the transaction | 10 May 2022 | ||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
END