8th Mar 2007 15:57
WPP Group PLC08 March 2007 For Immediate Release 8 March 2007 ANNOUNCEMENT WPP GROUP PLC ("WPP") WPP was notified on 8 March 2007 of the following shares vested, pursuant to theterms of the WPP 2004 to 2006 Performance Share Plans. On 6 March 2007, 97,914 ordinary shares vested for Sir Martin Sorrell. SirMartin is retaining all of these shares. At today's date Sir Martin and hisfamily interests are interested in or have rights in 13,742,315 sharesrepresenting 1.111% of the issued share capital of WPP. On 6 March 2007, 52,454 ordinary shares vested for Mr Paul Richardson. MrRichardson sold 26,280 shares at £7.407 per share to settle tax and otherliabilities. At today's date Mr Richardson has interests in 214,350 sharesrepresenting 0.017% of the issued share capital of WPP. On 6 March 2007, 3,788 ordinary shares vested for Mr Mark Read. Mr Read sold1,557 shares at £7.407 per share to settle tax and other liabilities. Mr Readhas interests in 25,301 ordinary shares representing 0.002% of the issued sharecapital of WPP. Ends This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
WPP