Business
Executive Share Award ("ESA")
Executive Share Award ("ESA").
About this update from Wpp Plc
[{"type":"text","content":"\n \nRNS Number : 8049A WPP PLC 31 May 2019 \n\n\n\n\n\nFor Immediate Release\n\n\n31 May 2019\n\n\n\n\n \n \nWPP plc (\"WPP\")\nExecutive Share Award (\"ESA\")\n \nWPP's Executive Directors' annual bonuses for 2018 were delivered in the form of a cash award and a deferred share award, the share awards comprising 40% of the total bonus achieved. The ESA will vest after a minimum of two years, subject to continued employment, together with additional shares in respect of accrued dividends.\nThe 2018 ESA awards were granted on 30th May 2019 as follows:\n\n\n\n\nDirector\n\n\nNumber of shares\n\n\n\n\nMr Mark Read\n\n\n62,834 WPP ordinary shares\n\n\n\n\nMr Paul Richardson\n\n\n14,235 WPP ordinary shares in the form of \n2,847 WPP ADRs\n\n\n\n\n \nDetails of the Executive Directors' bonus awards were published in the WPP 2018 Annual Report and Accounts.\nAt today's date, Mr Read holding in WPP is 168,772 ordinary shares and Mr Richardson's holding in WPP is the equivalent of 1,068,240 ordinary shares (all being in WPP ADRs).\n \nContact:\n\n\n\n\nRichard Oldworth, Buchanan Communications\n \n\n\n+44 (0)7710 130634\n \n\n\n\n\n \n \n \n\nThis 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 DSHDMGFKFMDGLZM\n ","length":3820,"tagName":"div"}]