Business
Restricted Share Plan Awards
WPP plc announced on May 8, 2026, that conditional share awards were granted under the Executive Performance Share Plan to its Chief Executive Officer, Cindy Rose, for 460,066 ordinary shares, and to its Chief Financial Officer, Joanne Wilson, for 279,720 ordinary shares. These awards, valued based on an average share price of £2.717 over the preceding five trading days, are subject to a performance underpin and continued employment until March 2029, with an additional two-year holding period for executive directors. Dividends will be awarded in lieu of shares upon vesting. Disclaimer*
About this update from Wpp Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE 12 May 2026\n \nWPP plc (\"WPP\")\nRestricted Share Plan (\"RSP\") Awards\n \nOn 8 May 2026, following the conclusion of the Annual General Meeting, and the approval of the 2026 Directors' Compensation Policy by shareholders, the 2026 RSP Awards were granted under the Executive Performance Share Plan (\"EPSP\") to the Chief Executive Officer (\"CEO\") and Chief Financial Officer (\"CFO\") as set out in the table below.\n\n\n\n\nExecutive Director\n\n\nNature of Award\n\n\nNumber of shares awarded\n\n\n\n\nCindy Rose (CEO)\n\n\n2026 RSP Award\n\n\n460,066\n\n\n\n\nJoanne Wilson (CFO)\n\n\n2026 RSP Award\n\n\n279,720\n\n\n\n\n \nThe 2026 RSP Awards take the form of conditional awards over WPP ordinary shares and are due to vest subject to the operation of a performance underpin and continued employment in March 2029.\nNotes\n1) The 2026 RSP Awards were made in accordance with the terms of the 2026 Directors' Compensation Policy as approved by shareholders on 8 May 2026.\n2) The number of shares comprised in the RSP Awards has been calculated using the average share price over the five immediately preceding dealing days of £2.717.\n3) Additional shares will be awarded at vesting on the RSP Awards in lieu of dividends on the shares that vest.\n4) The RSP Awards to Executive Directors are subject to an additional two-year 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\nCindy Rose\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 instrumen...