Director's Dealing • Sep 24, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 6288B
M&C Saatchi PLC
24 September 2018
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
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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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