M&C SAATCHI PLC

Remuneration Information • Jan 19, 2015

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RNS Number : 5266C

M&C Saatchi PLC

19 January 2015

Conditional Share Awards Announcement

M&C Saatchi announces that the conditional share awards granted to staff, including the Groups Finance Director on 19th January 2012 ('2012 LTIP') vested on 31st December 2014. The award reflects achievement of a share price target. When the 2012 LTIP award was adopted the participants paid £2,550 in total. This sum was not refundable in the event that the vesting conditions were not met.  Further details of the awards can be found below.

Additionally, M&C Saatchi announces that the conditional share awards granted to four of the Company's Executive Directors on 14th October 2010 under the Company's Long Term Incentive Plan ('LTIP') vested on 31st December 2014, in accordance with the LTIP rules (the 'Rules'). The awards reflect the achievement of targets for both share price performance and total shareholder return conditions (TSR) - compared with the Company's listed peer group. M&C Saatchi has outperformed these share price targets and ranked first among the 15 comparator companies for TSR. When the LTIP was adopted each of the participants paid £97,250 to participate in the scheme. This sum was not refundable in the event that the vesting conditions were not met.  Further details of the awards can be found below.

As a result of the vestings, a total of 3,001,633 ordinary shares of 1 pence each in the Company (the "Ordinary Shares") have been issued and allotted. Of this allotment  the following is to the M&C Saatchi directors:

Executive Director		Issued		Holding after issue		% Holding
Jeremy Sinclair		692,934		4,819,994		6.8%
David Kershaw		692,934		4,819,994		6.8%
Maurice Saatchi		692,934		4,819,994		6.8%
Bill Muirhead		692,934		4,819,994		6.8%
Jamie Hewitt		137,938		295,112		0.4%

Lloyd Dorfman, Non-executive director and Chairman of the Remuneration Committee, said: "Five years ago, in conjunction with our major shareholders, a remuneration scheme was devised that ensured the alignment of the interests of the management team and shareholders. These awards reflect the strong operational performance of the M&C Saatchi businesses which has led to the Group's outstanding performance compared to its peer Group in terms of total shareholder return."

Application has been made for the 3,001,633 Ordinary Shares to be admitted to trading to AIM, with trading expected to become effective on 23 January 2015 ("Admission"). Upon Admission, these Shares will rank pari passu in all respects with the existing Shares in issue, though 2,771,736 are subject to a one year lock in.

Following Admission, the total number of Shares in issue will be 71,380,262, of which 700,000 Shares are held in treasury. Therefore, the total number of Shares with voting rights in issue will be 70,680,262.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

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

Louise Högberg

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