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 / amendment |
Initial notification |
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 financial instrument, type of instrument |
Ordinary shares of 1p each ("Shares") |
|
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 · Aggregated price |
54,451 £204,191.25 |
e) |
Date of the transaction |
25 September 2018 |
f) |
Place of the transaction |
London Stock Exchange |
For further information, please contact:
M&C Saatchi +44 (0) 207 544 3693
Andy Blackstone, Company Secretary
Numis Securities +44 (0) 207 260 1000
Nick Westlake, NOMAD
Charles Farquhar, Corporate Broking
Tulchan Communications +44 (0) 207 353 4200
Tom Murray
END