TIDMSAA

RNS Number : 7230B

M&C Saatchi PLC

24 September 2018

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                   Initial notification 
        / amendment 
      -------------------------------------  ------------------------------------------- 
 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                     Ordinary shares of 1p each ("Shares") 
        financial instrument, 
        type of instrument 
       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                 54,451 
                                                GBP204,191.25 
 
         *    Aggregated price 
      -------------------------------------  ------------------------------------------- 
 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 3693 

Andy Blackstone, Company Secretary

   Numis Securities                    +44 (0) 207 260 1000 

Nick Westlake, NOMAD

Charles Farquhar, Corporate Broking

   Tulchan Communications      +44 (0) 207 353 4200 

Tom Murray

END

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 rns@lseg.com or visit www.rns.com.

END

DSHUSOARWNAKUAR

(END) Dow Jones Newswires

September 24, 2018 07:47 ET (11:47 GMT)

M&c Saatchi (LSE:SAA)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more M&c Saatchi Charts.
M&c Saatchi (LSE:SAA)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more M&c Saatchi Charts.