M&C Saatchi PLC Director/PDMR Shareholding (8753Y)

TIDMSAA

RNS Number : 8753Y

M&C Saatchi PLC

08 December 2017

M&C Saatchi PLC

8 December 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 414,985 ordinary shares of 1p each ("Shares") on 8 December 2017 at a price of 341.875p 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) 
----  ----------------------------   -----------  ----------- 
                                      341.875p     414,985 
  ---------------------------------  -----------  ----------- 
 d)    Aggregated information 
    *    Aggregated volume       414,985 
     341.875p per share 
 
    *    Aggregated price 
 -----------------------------  ------------------------------- 
 e)    Date of the                   8 December 2017 
        transaction 
----  ----------------------------  --------------------------- 
 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

DSHUWUNRBAAURAA

(END) Dow Jones Newswires

December 08, 2017 11:23 ET (16:23 GMT)