Business
Vesting of executive share award
Vesting of executive share award.
About this update from Wpp Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE 18 March 2025\n \nWPP plc (\"WPP\")\n \nVesting of executive share award\nNotification of Transactions of Directors/Persons Discharging Managerial Responsibilities or their Connected Persons\nThe Company announces that the following person discharging managerial responsibilities transacted in ordinary shares of 10 pence each in the Company due to the exercise of awards made under the terms of the 2022 Executive Performance Share Plan (\"EPSP\") award. The 2022 EPSP awards were made on 25 March 2022 and 24 November 2022 and vested on 14 March 2025 as a result of the performance conditions attaching to the 2022 EPSP awards having been satisfied as to 48.8%.\n \n\n\n\n\nName of Executive Director\n\n\nPlan\n\n\nTotal number of shares vested\n\n\nTotal number of shares sold to cover statutory withholding liabilities\n\n\nDate of sale\n\n\n\n\nMark Read\n\n\nEPSP\n\n\n216,351\n\n\n101,889\n\n\n14 March 2025\n\n\n\n\nAndrew Scott\n\n\nEPSP\n\n\n107,214\n\n\n50,492\n\n\n14 March 2025\n\n\n\n\n \n \n \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\nAcquisition of Ordinary Shares made under the WPP 2022 Executive Performance Share Plan.\n\n\n\n\nc)\n\n\nPrice(s) and volume(s)\n\n\n\n\n\n\nPrice(s)\n\n\nVolume(s)\n\n\n\n\n£ Nil cost option\n\...