XML 203 R67.htm IDEA: XBRL DOCUMENT v3.20.1

Authorised and issued share capital (Tables)

12 Months Ended

Dec. 31, 2019

Statement [LineItems]

Summary of Authorised and Issued Share Capital

		Equity ordinary shares				Nominal value £m
Authorised
At 1 January 2017			1,750,000,000				175.0
At 31 December 2017			1,750,000,000				175.0
At 31 December 2018			1,750,000,000				175.0
At 31 December 2019			1,750,000,000				175.0
Issued and fully paid
At 1 January 2017			1,331,880,730				133.2
Exercise of share options			630,822				0.1
At 31 December 2017			1,332,511,552				133.3
Exercise of share options			166,675				-
At 31 December 2018			1,332,678,227				133.3
Exercise of share options			75,625				-
Share cancellations			(4,586,039	)			(0.5	)
At 31 December 2019			1,328,167,813				132.8

Movements and Weighted-average Exercise Price for Options Granted

Movements on options granted (represented in ordinary shares)

		1 January 2019				Granted				Exercised				Lapsed				Outstanding 31 December 2019				Exercisable 31 December 2019
WPP			6,741				–				–				–				6,741				6,741
WWOP			5,520,774				–				(71,475	)			(747,375	)			4,701,924				4,701,924
WSOP			18,691,100				4,615,000				(4,150	)			(2,904,800	)			20,397,150				5,249,075
			24,218,615				4,615,000				(75,625	)			(3,652,175	)			25,105,815				9,957,740

Weighted-average exercise price for options over

		1 January 2019				Granted				Exercised				Lapsed				Outstanding 31 December 2019				Exercisable 31 December 2019
Ordinary shares (£)
WPP			9.355				–				–				–				9.355				9.355
WWOP			12.290				–				6.888				12.027				12.421				12.421
WSOP			12.753				9.600				8.372				12.405				12.121				16.164
ADRs ($)
WWOP			95.453				–				47.388				91.622				96.744				96.744
WSOP			84.893				62.590				53.140				82.290				79.798				115.940

Range of Exercise Prices of Options

Options over ordinary shares

Outstanding

Range of exercise prices £		Weighted average exercise price £				Weighted average contractual life Months
6.268 – 17.055			12.171				90

Options over ADRs

Outstanding

Range of exercise prices $		Weighted average exercise price $				Weighted average contractual life Months
49.230 – 115.940			83.488				89

Weighted Average Fair Value of Options Granted and Weighted Average Assumptions

The weighted average fair value of options granted in the year calculated using the Black-Scholes model was as follows:

		2019				2018				2017
Fair value of UK options (shares)			117.0p				107.0p				112.0p
Fair value of US options (ADRs)			$8.49				$8.09				$9.40
Weighted average assumptions:
UK Risk-free interest rate			0.57%				0.78%				0.57%
US Risk-free interest rate			1.61%				2.74%				2.05%
Expected life (months)			48				48				48
Expected volatility			24%				24%				17%
Dividend yield			3.8%				3.5%				2.9%

WPP Executive Share Option Scheme [member]

Statement [LineItems]

Options Granted

As at 31 December 2019, unexercised options over ordinary shares of 6,741 have been granted under the WPP Executive Share Option Scheme as follows:

Number of ordinary shares under option		Exercise price per share (£)				Exercise dates
3,696			8.333				2015 - 2022
3,045			10.595				2016 - 2023

WPP Worldwide Share Ownership Program [member]

Statement [LineItems]

Options Granted

As at 31 December 2019, unexercised options over ordinary shares of 2,757,654 and unexercised options over ADRs of 388,854 have been granted under the WPP Worldwide Share Ownership Programme as follows:

Number of ordinary shares under option		Exercise price per share (£)				Exercise dates
82,650			6.268				2014 - 2021
36,500			6.268				2015 - 2021
53,150			7.113				2013 - 2020
25,750			7.113				2014 - 2020
194,079			8.458				2015 - 2022
43,000			13.145				2017 - 2021
1,739,050			13.145				2017 - 2024
4,375			13.145				2018 - 2024
564,975			13.505				2016 - 2023
14,125			13.505				2017 - 2023

Number of ADRs under option		Exercise price per ADR ($)				Exercise dates
24,550			49.230				2014 - 2021
16,530			56.560				2013 - 2020
39,184			67.490				2015 - 2022
166,655			102.670				2017 - 2024
141,935			110.760				2016 - 2023

WPP Share Option Plan 2015 [member]

Statement [LineItems]

Options Granted

As at 31 December 2019, unexercised options over ordinary shares of 13,413,425 and unexercised options over ADRs of 1,396,745 have been granted under the WPP Worldwide Share Ownership Programme as follows:

Number of ordinary shares under option		Exercise price per share (£)				Exercise dates
18,250			8.372				2021 - 2025
3,406,900			8.372				2021 - 2028
15,500			9.600				2022 - 2026
2,863,975			9.600				2022 - 2029
19,250			13.085				2020 - 2024
2,785,100			13.085				2020 - 2027
55,500			15.150				2018 - 2022
1,952,200			15.150				2018 - 2025
5,375			15.150				2019 - 2025
12,375			17.055				2019 - 2023
2,279,000			17.055				2019 - 2026

Number of ADRs under option		Exercise price per ADR ($)				Exercise dates
347,660			53.140				2021 - 2028
347,105			62.590				2022 - 2029
276,790			88.260				2020 - 2027
236,265			105.490				2020 - 2026
188,925			115.940				2018 - 2025

X

- Definition

The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2019-01-01
-Paragraph 47
-Subparagraph a
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2019-en-r&anchor=para_47_a&doctype=Standard
-URIDate 2019-03-27

+ Details

Name:	ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2019-01-01
-Paragraph 45
-Subparagraph b
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2019-en-r&anchor=para_45_b&doctype=Standard
-URIDate 2019-03-27

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the range of exercise prices for outstanding share options.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2019-01-01
-Paragraph 45
-Subparagraph d
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2019-en-r&anchor=para_45_d&doctype=Standard
-URIDate 2019-03-27

+ Details

Name:	ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure Of Detailed Information About Authorised And Issued Share Capital Explanatory

+ References

No definition available.

+ Details

Name:	wpp_DisclosureOfDetailedInformationAboutAuthorisedAndIssuedShareCapitalExplanatory
Namespace Prefix:	wpp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure Of Number Exercise Price And Exercise Dates Of Options Granted Explanatory

+ References

No definition available.

+ Details

Name:	wpp_DisclosureOfNumberExercisePriceAndExerciseDatesOfOptionsGrantedExplanatory
Namespace Prefix:	wpp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Statement [line item]

+ References

No definition available.

+ Details

Name:	wpp_StatementLineItems
Namespace Prefix:	wpp_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=wpp_WPPExecutiveShareOptionSchemeMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=wpp_WPPWorldwideShareOwnershipProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=wpp_WPPShareOptionPlan2015Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: