M&C Saatchi PLC Director/PDMR Shareholding (7835M)

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RNS Number : 7835M

M&C Saatchi PLC

18 September 2023

18 September 2023

M&C SAATCHI PLC

(the "Company")

Director and PDMR Shareholding

The Company was notified on 15 September 2023 that Zillah Byng-Thorne, the Executive Chair of the Company, purchased 50,000 ordinary shares of one pence each in the Company (Ordinary Shares) at a price of 125.00 pence per share on 14 September 2023 and purchased an additional 20,000 Ordinary Shares at an average price of 133.88 pence per share on 15 September 2023.

As a result of these transactions, Zillah Byng-Thorne's beneficial interest in the Company, now amounts to a total holding of 213,536 Ordinary Shares in the Company and represents approximately 0.17% 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:                                 Zillah Byng-Thorne 
       ------------------------------------  ------------------------------ 
 2.     Reason for the notification 
       -------------------------------------------------------------------- 
 (a)    Position / status:                    Executive Chair 
       ------------------------------------  ------------------------------ 
 (b)    Initial notification                  Initial notification 
         / amendment: 
       ------------------------------------  ------------------------------ 
 3.     Details of the issuer 
       -------------------------------------------------------------------- 
 (a)    Name:                                 M&C SAATCHI PLC 
       ------------------------------------  ------------------------------ 
 (b)    LEI:                                  213800XBLFQZ1T1KBA87 
       ------------------------------------  ------------------------------ 
 4.     Details of the transaction(s) 
       -------------------------------------------------------------------- 
 (a)    Description of                        One pence ordinary shares 
         the financial 
         instrument, type                      ISIN GB00B01F7T14 
         of instrument: 
         Identification 
         code: 
       ------------------------------------  ------------------------------ 
 (b)    Nature of the                         Purchase of shares 
         transaction 
       ------------------------------------  ------------------------------ 
 (c)    Price(s) and                          Price(s)       Volumes(s) 
         volume(s) 
       ------------------------------------  -------------  --------------- 
                                              125.00p        50,000 
                                               133.88p        20,000 
 ------------------------------------------  -------------  --------------- 
 (d)    Aggregated information 
         Aggregated volume:                     70,000 
         Aggregated price:                      GBP89,279.13 
       ------------------------------------  ------------------------------ 
 (e)    Date of the transaction               14 and 15 September 2023 
       ------------------------------------  ------------------------------ 
 (f)    Place of transaction                  London Stock Exchange 
       ------------------------------------  ------------------------------ 
 
 
 For further information please call: 
  M&C Saatchi plc                                                 [phone] 
 Zillah Byng-Thorne, Executive Chair 
  Moray MacLennan, Chief Executive 
  Officer 
  Bruce Marson, Chief Financial Officer 
 Numis Securities Limited                                         [phone] 
 Nick Westlake, Iqra Amin 
 Liberum Limited                                                  [phone] 
 Max Jones, Benjamin Cryer, Will 
  King 
 Brunswick Group Limited                                          [phone] 
 Andrew Porter, Kate Pope 
 

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September 18, 2023 06:43 ET (10:43 GMT)