30 September 2024
M&C SAATCHI PLC
(the "Company")
Directors and PDMRs Shareholding
The Company was notified on 27 September 2024 that Zaid Al-Qassab, Chief Executive Officer of the Company and Simon Fuller, Chief Financial Officer of the Company purchased ordinary shares of one pence each in the Company (Ordinary Shares).
Mr Al-Qassab purchased 53,541 Ordinary Shares at a price of £1.8675 on 27 September 2024. Mr Fuller purchased 36,043 Ordinary Shares at a price of £1.803 per share on 27 September 2024.
As a result of the transaction, Mr Al-Qassab's beneficial interest in the Company, amounts to a total holding of 53,541 Ordinary Shares in the Company and represents approximately 0.04% of the issued share capital of the Company.
As a result of this transaction, Mr Fuller's beneficial interest in the Company, now amounts to a total holding of 36,043 Ordinary Shares in the Company and represents approximately 0.03% 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: | Zaid Al-Qassab | |
| 2. | Reason for the notification | ||
| (a) | Position / status: | Chief Executive Officer | |
| (b) | Initial notification / amendment: | Initial notification | |
| 3. | Details of the issuer | ||
| (a) | Name: | M&C SAATCHI PLC | |
| (b) | LEI: | 213800XBLFQZ1T1KBA87 | |
| 4. | Details of the transaction(s) | ||
| (a) | Description of the financial instrument, type of instrument: Identification code: | One pence ordinary shares
ISIN GB00B01F7T14 | |
| (b) | Nature of the transaction | Purchase of shares | |
| (c) | Price(s) and volume(s) | Price(s) | Volumes(s) |
| £1.8675 | 53,541 | ||
| (d) | Aggregated information Aggregated volume: Aggregated price: |
53,541 £99,988 | |
| (e) | Date of the transaction | 27 September 2024 | |
| (f) | Place of transaction | London Stock Exchange | |
| 1. | Details of the persons discharging managerial responsibilities | ||
| (a) | Name: | Simon Fuller | |
| 2. | Reason for the notification | ||
| (a) | Position / status: | Chief Financial Officer | |
| (b) | Initial notification / amendment: | Initial notification | |
| 3. | Details of the issuer | ||
| (a) | Name: | M&C SAATCHI PLC | |
| (b) | LEI: | 213800XBLFQZ1T1KBA87 | |
| 4. | Details of the transaction(s) | ||
| (a) | Description of the financial instrument, type of instrument: Identification code: | One pence ordinary shares
ISIN GB00B01F7T14 | |
| (b) | Nature of the transaction | Purchase of shares | |
| (c) | Price(s) and volume(s) | Price(s) | Volumes(s) |
| £1.803 | 36,043 | ||
| (d) | Aggregated information Aggregated volume: Aggregated price: |
36,043 £64,986 | |
| (e) | Date of the transaction | 27 September 2024 | |
| (f) | Place of transaction | London Stock Exchange | |
Further information
| M&C Saatchi | +44 (0)20-7543-4500 |
| Zillah Byng-Thorne, Non-Executive Chair Zaid Al-Qassab, Chief Executive Officer | |
| Tom Fahey, Investor Relations | |
|
Headland Consultancy | +44 (0)20 3805 4822 |
| Rob Walker, Charlie Twigg, Tan Siddique mcsaatchi@headlandconsultancy.com |
|
|
Panmure Liberum - Nominated Adviser and Joint Broker | +44 (0)20-3100-2000 |
| Max Jones, Edward Mansfield, Will King |
|
|
Deutsche Numis - Joint broker | +44 (0)20-7260-1000 |
| Nick Westlake, Iqra Amin |
|
About M&C Saatchi
M&C Saatchi is a creative solutions company with specialist expertise and creativity in helping our clients grow by maximising the reach and potential of their brands. It does this through its regional-first operating model with five core specialisms - Advertising, Issues, Passions, Consulting and Media - which it leverages in an integrated go-to-market approach. It has significant global reach, with major hubs in the UK, Europe, Middle East, APAC and the Americas and supported by global shared services.
M&C Saatchi is headquartered in London and listed on the FTSE AIM index of the London Stock Exchange.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
