M&C Saatchi plc ("the Company")
Director and PDMR Shareholding
M&C Saatchi plc was notified on 3 February 2021 that Moray MacLennan, Chief Executive Officer, purchased 561,798 ordinary shares of 1p each in the Company at a price of 89.00 pence per share.
As a result of this transaction, Mr MacLennan's beneficial interest in the Company, now amounts to a total holding of 562,149 ordinary shares in the Company and represents approximately 0.46% of the issued share capital of the Company.
The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.
| 1. | Details of the persons discharging managerial responsibilities | ||
| (a) | Name: | Moray MacLennan | |
| (b) | Contact details: | +44 (0)20-7543-4500 | |
| 2. | Reason for the clearance request | ||
| (a) | Position / status: | Chief Executive Officer | |
| (b) | Initial clearance request / subsequent clearance request: | Initial notification | |
| 3. | Details of the issuer | ||
| (a) | Name: | M&C SAATCHI PLC | |
| (b) | LEI: | 213800XBLFQZ1T1KBA87 | |
| 4. | Details of the proposed transaction(s) | ||
| (a) | Description of the financial instrument, type of instrument: Identification code: | One pence ordinary shares
ISIN GB00B01F7T14 | |
| (b) | Nature of the proposed transaction | Purchase of shares | |
| (c) | Price(s) and volume(s) | Price(s) | Volumes(s) |
| £0.89 | 561,798 | ||
| (d) | Aggregated information Aggregated volume: Aggregated price: |
561,798 | |
| (e) | Date of the proposed transaction | 3 February 2021 | |
| (f) | Place of transaction | London Stock Exchange | |
For further information please call:
| M&C Saatchi | +44 (0)20-7543-4500 |
| Moray MacLennan, Mickey Kalifa |
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| Tulchan Communications | +44 (0)20-7353-4200 |
| Tom Murray, Deborah Roney
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| Numis Securities | +44 (0)20-7260-1000 |
| Nick Westlake, Hugo Rubinstein, NOMAD Charles Farquhar, Corporate Broking
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