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FOR IMMEDIATE RELEASE |
8 March 2018 |
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WPP PLC ("WPP") �
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Directors' Interests
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WPP was notified on 7 March 2018 of changes in the share ownership of executive directors of the company, pursuant to the vesting of the 2015 Executive Share Awards ("ESA") granted in 2016.
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On 6 March 2018, Sir Martin Sorrell became entitled to receive 143,338 WPP plc ordinary shares pursuant to the 2015 ESA, granted in 2016.� Sir Martin has retained all the shares and personally discharged the UK and US tax liabilities arising on the award.
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At today's date Sir Martin Sorrell and his family interests are interested in or have rights in 18,083,356 shares (excluding the WPP shares owned by The JMCMRJ Sorrell Foundation).� Sir Martin Sorrell's family interests and rights represent 1.425% of the issued share capital of WPP. In addition, The JMCMRJ Sorrell Foundation holds 4,575,936 WPP shares, representing 0.361% of WPP's issued share capital.
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On 6 March 2018, Mr Paul Richardson became entitled to receive 11,629 ADRs pursuant to his 2015 ESA, granted in 2016. On 6 March 2018, Mr Paul Richardson sold all of these ADRs, at a price of $85.81828 per ADR. At today's date, Mr Richardson's beneficial holding is the equivalent of 1,068,240 WPP shares, representing 0.084% of WPP's issued share capital.
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Contact:
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Chris Wade, WPP |
+44(0) 20 7408 2204 |
Marie Capes, WPP |
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Richard Oldworth, Buchanan Communications |
+44 (0)7710 130634 / +44(0) 20 7466 5000 |
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