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 |
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Panmure Liberum - Nominated Adviser and Joint Broker | +44 (0)20-3100-2000 |
| Max Jones, Edward Mansfield, Will King |
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Deutsche Numis - Joint broker | +44 (0)20-7260-1000 |
| Nick Westlake, Iqra Amin |
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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.
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