24 Sep 2018 12:47
Director's Dealings
M&C Saatchi PLC ("M&C Saatchi" or the "Company"), was notified on 21 September 2018, that to fulfil a personal financial commitment as part of a divorce settlement, Jamie Hewitt, an executive director, sold a total of 54,451 shares at a price of 375 pence per share.
Following the dealings, Jamie Hewitt retains no shares in M&C Saatchi.
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 | Jamie Hewitt | |||
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 | Sale of Shares | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
375.0p
| 54,451
| ||||
d) | Aggregated information · Aggregated volume · Aggregated price |
54,451 £204,191.25 | |||
e) | Date of the transaction | 21 September 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, NOMADCharles Farquhar, Corporate Broking
Tulchan Communications +44 (0) 207 353 4200Tom Murray
END
M&C Saatchi (SAA)