M&C Saatchi PLC Director/PDMR Shareholding (8005V)

TIDMSAA

RNS Number : 8005V

M&C Saatchi PLC

07 November 2017

M&C Saatchi PLC

7 November 2017

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

Director/PDMR Shareholding

The Company has been notified that Moray MacLennan, a PDMR, sold 25,000 ordinary shares of 1p each ("Shares") on 20 October 2017 at a price of 321.25p per share and 75,000 Shares on 31 October at a price of 335.1p per Share.

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                        Moray MacLennan 
----  --------------------------  -------------------------------- 
 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                213800XBLFQZ1T1KBA87 
        identifier 
----  --------------------------  -------------------------------- 
 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                 Ordinary shares of 1p 
        of the financial            each ("Shares") 
        instrument, 
        type of instrument 
       Identification              SAA 
        code 
----  --------------------------  -------------------------------- 
 b)    Nature of the               Sale of Shares 
        transaction 
----  --------------------------  -------------------------------- 
 c)    Price(s) and                      Price(s)   Volume(s) 
        volume(s) 
----  --------------------------        ---------  ---------- 
                                         321.25p    25,000 
                                          335.1p     75,000 
  ------------------------------------  ---------  ----------  --- 
 d)    Aggregated information 
         *    Aggregated volume      100,000 
                                     GBP331,637.50 
 
         *    Aggregated price 
----  --------------------------  -------------------------------- 
 e)    Date of the                 20 October 2017 
        transaction 
    31 October 2017 
  ---------------------------------------------------------------- 
 f)    Place of the                London Stock Exchange 
        transaction 
----  --------------------------  -------------------------------- 
 

-ends-

For further information, please contact:

   M&C Saatchi plc                                  [phone] 

Andy Blackstone, Company Secretary

   Numis Securities                                 [phone] 

Nick Westlake, NOMAD

Charles Farquhar, Corporate Broking

   Tulchan Communications                   [phone] 

Tom Murray

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 07, 2017 06:54 ET (11:54 GMT)