Exhibit 1
| FOR IMMEDIATE RELEASE | 7 March 2017 |
WPP plc (“WPP”)
Director’s Dealing
WPP was notified on 6th March 2017 that Mr Hugo Shong, a Non-Executive Director of the Company, purchased 4,583 WPP American Depositary Receipts (ADR) shares at $107.879 per ADR on 3 March 2017. Mr Shong’s holding in WPP is now the equivalent of 22,915 WPP ordinary shares.
Notification of Transaction by Person Discharging Managerial Responsibilities:
| 1. |
Details of PDMR / person closely associated with them (“PCA”)
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| a) | Name
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Hugo Shong
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| 2. | Reason for the notification
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| a) | Position / status
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PDMR (Director)
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| b) | Initial notification / amendment
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Initial notification
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| 3. | Details of issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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| a) | Name
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WPP plc
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| b) | LEI
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| 4. | Details 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
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| a) | Description of the financial instrument
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American Depository Receipts (ADR) Shares |
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| Identification Code
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US92937A1025
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| b) | Nature of the transaction
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Acquisition of ADRs
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| c) | Price(s) and volume(s)
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Price(s) | Volume(s) | |||||||||||
| USD 107.879
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4583 |
| d) | Aggregated information
- Aggregated volume
- Price
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Price(s)
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Volume(s) |
Total |
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| USD 107.879
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4583 | USD 494409.61 | ||||||||||
| e) | Date of the transaction
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2017-03-03
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| f) | Place of the transaction
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NASDAQ
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Contact:
Feona McEwan, WPP +44 (0) 207 408 2204
END