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M&C SAATCHI PLC

Director's Dealing Sep 24, 2018

7778_dirs_2018-09-24_079230b8-a392-45fb-a9b8-234c19e31882.html

Director's Dealing

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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

END

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.

END

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