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Director/PDMR Shareholding

13th Apr 2015 07:00

RNS Number : 9667J
M&C Saatchi PLC
13 April 2015
 

Director's Dealings

M&C Saatchi PLC ("M&C Saatchi" or the "Company"), was notified on 10 April 2015, that Executive Directors sold a total of 2,900,000 shares at a price of 330 pence per share as follows:

Executive Director Number Sold Holding after sale % Holding

Jeremy Sinclair 692,934 4,127,060 5.8%

David Kershaw 692,934 4,127,060 5.8%

Maurice Saatchi 692,934 4,127,060 5.8%

Bill Muirhead 692,934 4,127,060 5.8%

Jamie Hewitt 128,264 166,848 0.2%

 

The share sale represents the recently vested LTIP shares granted to the Executive Directors as announced on 19 January 2015 and the Directors have no intention of selling any further shares in the next 12 months. Following the dealings the Executive Directors remaining shareholdings are as detailed in the table above.

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 4200Louise Högberg

END

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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