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M&C Saatchi PLC announced on 30 September 2024 that on 27 September 2024, its Chief Executive Officer, Zaid Al-Qassab, and Chief Financial Officer, Simon Fuller, purchased ordinary shares. Mr. Al-Qassab purchased 53,541 shares at £1.8675 each, bringing his total beneficial interest to 0.04% of the issued share capital. Mr. Fuller acquired 36,043 shares at £1.803 per share, resulting in a beneficial interest of 0.03% of the issued share capital.
| Date | 30 Sept 2024 |
| Time | 07:00:14 |
| Category | Director/PDMR dealings |
| ID | 1146G |
30 September 2024
M&C SAATCHI PLC
(the "Company")
Directors and PDMRs Shareholding
The Company was notified on 27 September 2024 that Zaid Al-Qassab, Chief Executive Officer of the Company and Simon Fuller, Chief Financial Officer of the Company purchased ordinary shares of one pence each in the Company (Ordinary Shares).
Mr Al-Qassab purchased 53,541 Ordinary Shares at a price of £1.8675 on 27 September 2024. Mr Fuller purchased 36,043 Ordinary Shares at a price of £1.803 per share on 27 September 2024.
As a result of the transaction, Mr Al-Qassab's beneficial interest in the Company, amounts to a total holding of 53,541 Ordinary Shares in the Company and represents approximately 0.04% of the issued share capital of the Company.
As a result of this transaction, Mr Fuller's beneficial interest in the Company, now amounts to a total holding of 36,043 Ordinary Shares in the Company and represents approximately 0.03% of the issued share capital of the Company.
The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.
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1. |
Details of the persons discharging managerial responsibilities |
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(a) |
Name: |
Zaid Al-Qassab |
|
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2. |
Reason for the notification |
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|
(a) |
Position / status: |
Chief Executive Officer |
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|
(b) |
Initial notification / amendment: |
Initial notification |
|
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3. |
Details of the issuer |
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(a) |
Name: |
M&C SAATCHI PLC |
|
|
(b) |
LEI: |
213800XBLFQZ1T1KBA87 |
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4. |
Details of the transaction(s) |
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(a) |
Description of the financial instrument, type of instrument: Identification code: |
One pence ordinary shares
ISIN GB00B01F7T14 |
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(b) |
Nature of the transaction |
Purchase of shares |
|
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(c) |
Price(s) and volume(s) |
Price(s) |
Volumes(s) |
|
£1.8675 |
53,541 |
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(d) |
Aggregated information Aggregated volume: Aggregated price: |
53,541 £99,988 |
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(e) |
Date of the transaction |
27 September 2024 |
|
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(f) |
Place of transaction |
London Stock Exchange |
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|
1. |
Details of the persons discharging managerial responsibilities |
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|
(a) |
Name: |
Simon Fuller |
|
|
2. |
Reason for the notification |
||
|
(a) |
Position / status: |
Chief Financial Officer |
|
|
(b) |
Initial notification / amendment: |
Initial notification |
|
|
3. |
Details of the issuer |
||
|
(a) |
Name: |
M&C SAATCHI PLC |
|
|
(b) |
LEI: |
213800XBLFQZ1T1KBA87 |
|
|
4. |
Details of the transaction(s) |
||
|
(a) |
Description of the financial instrument, type of instrument: Identification code: |
One pence ordinary shares
ISIN GB00B01F7T14 |
|
|
(b) |
Nature of the transaction |
Purchase of shares |
|
|
(c) |
Price(s) and volume(s) |
Price(s) |
Volumes(s) |
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£1.803 |
36,043 |
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(d) |
Aggregated information Aggregated volume: Aggregated price: |
36,043 £64,986 |
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(e) |
Date of the transaction |
27 September 2024 |
|
|
(f) |
Place of transaction |
London Stock Exchange |
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Further information
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M&C Saatchi |
+44 (0)20-7543-4500 |
|
Zillah Byng-Thorne, Non-Executive Chair Zaid Al-Qassab, Chief Executive Officer |
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Tom Fahey, Investor Relations |
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Headland Consultancy |
+44 (0)20 3805 4822 |
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Rob Walker, Charlie Twigg, Tan Siddique mcsaatchi@headlandconsultancy.com |
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Panmure Liberum - Nominated Adviser and Joint Broker |
+44 (0)20-3100-2000 |
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Max Jones, Edward Mansfield, Will King |
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Deutsche Numis - Joint broker |
+44 (0)20-7260-1000 |
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Nick Westlake, Iqra Amin |
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About M&C Saatchi
M&C Saatchi is a creative solutions company with specialist expertise and creativity in helping our clients grow by maximising the reach and potential of their brands. It does this through its regional-first operating model with five core specialisms - Advertising, Issues, Passions, Consulting and Media - which it leverages in an integrated go-to-market approach. It has significant global reach, with major hubs in the UK, Europe, Middle East, APAC and the Americas and supported by global shared services.
M&C Saatchi is headquartered in London and listed on the FTSE AIM index of the London Stock Exchange.