M&C Saatchi PLC Director/PDMR Shareholding (7230B)

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                           [phone] 

Andy Blackstone, Company Secretary

   Numis Securities                    [phone] 

Nick Westlake, NOMAD

Charles Farquhar, Corporate Broking

   Tulchan Communications      [phone] 

Tom Murray

END

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