Business
Executive Share Awards
Executive Share Awards.
About this update from Wpp Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE 12 MAY 2025\n \nWPP plc (\"WPP\")\nExecutive Share Awards\n \nWPP's Executive Director's annual bonus for 2024 was delivered in the form of a cash award and a deferred share award comprising 40% of the total bonus achieved. The Executive Share Award (ESA) will vest after two years, subject to continued employment.\nThe 2024 ESA award was granted on 7 May 2025 as follows:\n\n\n\n\nExecutive Director\n\n\nNumber of shares awarded\n\n\n\n\nMark Read\n\n\n78,664\n\n\n\n\nJoanne Wilson\n\n\n46,667\n\n\n\n\nAndrew Scott\n\n\n38,015\n\n\n\n\n \nNotes\n1) These awards were made in accordance with the terms of the 2023 Directors' Compensation Policy as approved by shareholders on 17 May 2023\n2) Additional shares will be awarded at vesting in lieu of dividends on the shares that vest\n3) Awards to Executive Directors are subject to an additional two-year post-vesting holding period\n \n\n\n\n\n1.\n\n\nDetails of PDMR/person closely associated with them ('PCA')\n\n\n\n\na)\n\n\nName \n\n\nMark Read\n\n\n\n\nb)\n\n\nPosition/status\n\n\nChief Executive Officer\n\n\n\n\nc)\n\n\nInitial notification/\namendment\n\n\nInitial notification\n\n\n\n\n2.\n\n\nDetails of the issuer\n\n\n\n\na)\n\n\nFull name of the entity\n\n\nWPP plc\n\n\n\n\nb)\n\n\nLegal Entity Identifier code\n\n\n549300LSGBXPYHXGDT93\n\n\n\n\n3.\n\n\nDetails 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\n\n\n\n\na)\n\n\nDescription of the financial instrument\n\n\nOrdinary shares of 10 pence each ('Ordinary Shares')\nISIN: JE00B8KF9B49\n\n\n\n\nb)\n\n\nNature of the transaction\n\n\nGrant of conditional awards over WPP plc ordinary shares under the WPP plc Stock Plan 2018\n\n\n\n\nc)\n\n\nPrice(s) and volume(s) ...