WPP plc Executive Share Award Vests

TL;DR

WPP execs getting over 1M shares vested under 2021 LTIP.

AI Summary

On March 18, 2024, WPP plc announced the vesting of a share award for executive directors. This award, granted under the WPP plc 2021 Long Term Incentive Plan, will see 1,077,440 ordinary shares of £0.0001 nominal value each vest.

Why It Matters

This filing details the vesting of a significant share award for WPP's executive directors, impacting potential share dilution and executive compensation.

Risk Assessment

Risk Level: low — This is a routine disclosure regarding executive compensation and share awards, with no immediate financial implications beyond standard share dilution.

Key Numbers

• 1,077,440 — Shares Vested (Number of ordinary shares vesting for executive directors under the 2021 LTIP.)

Key Players & Entities

• WPP plc (company) — Registrant
• WPP plc 2021 Long Term Incentive Plan (company) — Plan under which shares vested
• 1,077,440 (dollar_amount) — Number of ordinary shares vesting

FAQ

Filing Documents

• a2979h.htm (6-K) — 99KB
• 0001654954-24-003289.txt ( ) — 100KB

Forward-Looking Statements

Forward-Looking Statements   In connection with the provisions of the U.S. Private Securities Litigation Reform Act of 1995 (the ‘Reform Act’), the Company may include forward looking statements (as defined in the Reform Act) in oral or written public statements issued by or on behalf of the Company. These forward-looking statements may include, among other things, plans, objectives, beliefs, intentions, strategies, projections and anticipated future economic performance based on assumptions and the like that are subject to risks and uncertainties. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words such as ‘aim’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘forecast’, ‘guidance’, ‘intend’, 'may', ‘will’, ‘should’, ‘potential’, ‘possible’, ‘predict’, ‘project’, ‘plan’, ‘target’, and other words and similar references to future periods but are not the exclusive means of identifying such statements. As such, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances that are beyond the control of the Company. Actual results or outcomes may differ materially from those discussed or implied in the forward-looking prediction of actual results or otherwise. Important factors which may cause actual results to differ include but are not limited to: the impact of, epidemics or pandemics including restrictions on businesses, social activities and travel; the unanticipated loss of a material client or key personnel; delays or reductions in client advertising budgets; shifts

forward-looking statements, whether as a result of new information,

forward-looking statements, whether as a result of new information, future events or otherwise.   EXHIBIT INDEX   Exhibit No. Description   1 Vesting of executive share award dated 18 March 2024, prepared by WPP plc.           FOR IMMEDIATE RELEASE                                                                                                                                                                                                                                                                                                                                                                                                                                                            

SIGNATURES

SIGNATURES     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.     WPP PLC   (Registrant)     Date: 18 March 2024 By:  ______________________             Balbir Kelly-Bisla             Company Secretary      

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View this 6-K filing on SEC EDGAR