Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Share Purchase by Incoming Chair

24th Apr 2023 07:00

RNS Number : 1365X
M&C Saatchi PLC
24 April 2023
 

24 April 2023

M&C SAATCHI PLC

(the "Company" or "M&C Saatchi")

Share Purchase by Incoming Chair

 

The Company today announces that it has been notified that the Company's incoming independent Non-Executive Chair, Zillah Byng-Thorne, has purchased 143,536 ordinary shares of one pence each in the Company ("Ordinary Shares").

The purchase of 143,536 Ordinary Shares were made at an average price of 174 pence per share on 21 April 2023. Following the transaction, Zillah's beneficial interest in the Company amounts to a total of 143,536 Ordinary Shares representing 0.12% of the Company's issued Ordinary Share capital.

Zillah's appointment to the Board of the Company is expected to be effective from 15 June 2023, subject to the completion of normal regulatory due diligence by the Company's Nomad. A further RNS will be announced in due course confirming her appointment.

For further information please call:

M&C Saatchi plc

+44 (0)20-7543-4500

Gareth Davis, Chair

Moray MacLennan, Chief Executive Officer

Numis Securities

+44 (0)20-7260-1000

Nick Westlake, Iqra Amin

Liberum, NOMAD

+44 (0)20-3100-2000

Tim Medak, Mark Harrison, Max Jones, Benjamin Cryer, Will King

 

Brunswick

+44 (0)207-404-5959

Sumeet Desai, Andrew Porter, Kate Pope

 

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 [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCKZGZDGFZGFZM

Related Shares:

M&C Saatchi
FTSE 100 Latest
Value8,809.74
Change53.53