<SEC-DOCUMENT>0001387131-21-012033.txt : 20211214
<SEC-HEADER>0001387131-21-012033.hdr.sgml : 20211214
<ACCEPTANCE-DATETIME>20211214172814
ACCESSION NUMBER:		0001387131-21-012033
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20211213
FILED AS OF DATE:		20211214
DATE AS OF CHANGE:		20211214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PAGAC Drone Holding GP I Ltd
		CENTRAL INDEX KEY:			0001748609
		STATE OF INCORPORATION:			E9

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38611
		FILM NUMBER:		211492081

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 472, 2ND FLOOR, HARBOUR PLACE
		STREET 2:		103 SOUTH CHURCH STREET, GEORGE TOWN
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1106
		BUSINESS PHONE:		852 3719 6707

	MAIL ADDRESS:	
		STREET 1:		32/F, AIA CENTRAL
		STREET 2:		1 CONNAUGHT ROAD CENTRAL
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			NA

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cushman & Wakefield plc
		CENTRAL INDEX KEY:			0001628369
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		IRS NUMBER:				981193584
		STATE OF INCORPORATION:			Y9
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		125 OLD BROAD STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC2N 1AR
		BUSINESS PHONE:		44 20 3296 3000

	MAIL ADDRESS:	
		STREET 1:		125 OLD BROAD STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC2N 1AR

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Cushman & Wakefield Ltd
		DATE OF NAME CHANGE:	20180726

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Cushman & Wakefield Ltd.
		DATE OF NAME CHANGE:	20180726

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Cushman & Wakefield plc
		DATE OF NAME CHANGE:	20180719
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>pagac-form4_121321.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2021-12-13</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001628369</issuerCik>
        <issuerName>Cushman &amp; Wakefield plc</issuerName>
        <issuerTradingSymbol>CWK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001748609</rptOwnerCik>
            <rptOwnerName>PAGAC Drone Holding GP I Ltd</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>33/F, THREE PACIFIC PLACE,</rptOwnerStreet1>
            <rptOwnerStreet2>1 QUEEN'S ROAD EAST</rptOwnerStreet2>
            <rptOwnerCity>HONG KONG</rptOwnerCity>
            <rptOwnerState>K3</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>HONG KONG</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Ordinary Shares, $0.10 nominal value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2021-12-13</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>5797645</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>20.35</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>27873866</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting Person is the general partner of PAGAC Drone Holding I LP (&quot;PAGAC&quot; and, together with the Reporting Person, the &quot;PAG Entities&quot;).</footnote>
        <footnote id="F2">PAGAC is the direct holder of 27,873,866 Ordinary Shares (&quot;Ordinary Shares&quot;) of Cushman &amp; Wakefield plc (the &quot;Issuer&quot;).</footnote>
        <footnote id="F3">Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 27,873,866 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares.</footnote>
        <footnote id="F4">The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the &quot;Holders&quot;) of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ David Kim, Director</signatureName>
        <signatureDate>2021-12-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
