WPP plc (WPP) reports CEO and CFO share award vesting and tax sales
WPP plc reported the vesting of executive share awards and related share transactions under its long-term incentive plans. Under the 2022 Executive Performance Share Plan, Chief Executive Officer Cindy Rose received 87,854 ordinary shares of 10 pence each on 1 December 2025, with 41,374 of those shares automatically sold at £2.972 per share to cover statutory withholding liabilities and costs.
Chief Financial Officer Joanne Wilson received 20,942 ordinary shares on 2 December 2025 from an award under the WPP Stock Plan 2018, and 9,863 shares were sold at £2.96965 per share to cover tax and related obligations. The notice is made under Article 19 of the Market Abuse Regulation and reflects routine equity compensation for senior management.
Positive
- None.
Negative
- None.
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Exhibit
No.
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Description
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|
1
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Vesting of Share Awards dated 02 December 2025, prepared by WPP
plc.
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Name of Executive Director
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Total number of shares vested
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Total number of shares automatically sold to cover statutory
withholding liabilities
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Date of transaction
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Cindy Rose
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87,854
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41,374
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1 December 2025
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Joanne Wilson
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20,942
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9,863
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2 December 2025
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1.
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Details of PDMR/person closely associated with them
('PCA')
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||
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a)
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Name
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Cindy Rose
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b)
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Position/status
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Chief Executive Officer
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|
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c)
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Initial notification/amendment
|
Initial notification
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|
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2.
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Details of the issuer
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||
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a)
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Full name of the entity
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WPP plc
|
|
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b)
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Legal Entity Identifier code
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549300LSGBXPYHXGDT93
|
|
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3.
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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)
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Description of the financial instrument
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Ordinary shares of 10 pence each ('Ordinary Shares')
ISIN: JE00B8KF9B49
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|
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Transaction 1
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|||
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b)
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Nature of the transaction
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Acquisition of ordinary shares following the vesting of a portion
of a conditional share award under the WPP 2022 Executive
Performance Share Plan
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|
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
|
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n/a
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87,854
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||
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d)
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Aggregated information
-
Aggregated volume
-
Price
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n/a
|
|
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e)
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Date of the transaction
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1 December 2025
|
|
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f)
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Place of the transaction
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London Stock Exchange (XLON)
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|
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Transaction 2
|
|||
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b)
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Nature of the transaction
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Automatic sale of ordinary shares pursuant to a trading plan to
cover statutory withholding liabilities and costs following the
vesting of a conditional share award under the WPP 2022 Executive
Performance Share Plan
|
|
|
c)
|
Price(s) and volume(s)
|
Volume: 41,374
Price: £2.972
|
|
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d)
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Aggregated information
-
Aggregated volume
-
Price
|
n/a (single transaction)
|
|
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e)
|
Date of the transaction
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1 December 2025
|
|
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f)
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Place of the transaction
|
London Stock Exchange (XLON)
|
|
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1.
|
Details of PDMR/person closely associated with them
('PCA')
|
||
|
a)
|
Name
|
Joanne Wilson
|
|
|
b)
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Position/status
|
Chief Financial Officer
|
|
|
c)
|
Initial notification/amendment
|
Initial notification
|
|
|
2.
|
Details of the issuer
|
||
|
a)
|
Full name of the entity
|
WPP plc
|
|
|
b)
|
Legal Entity Identifier code
|
549300LSGBXPYHXGDT93
|
|
|
3.
|
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
|
||
|
a)
|
Description of the financial instrument
|
Ordinary shares of 10 pence each ('Ordinary Shares')
ISIN: JE00B8KF9B49
|
|
|
Transaction 1
|
|||
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares following the vesting of an award
made under the WPP Stock Plan 2018
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
n/a
|
20,942
|
||
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
n/a
|
|
|
e)
|
Date of the transaction
|
2 December 2025
|
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON)
|
|
|
Transaction 2
|
|||
|
b)
|
Nature of the transaction
|
Sale of ordinary shares to cover statutory withholding liabilities
and costs following the vesting of a conditional share award under
the WPP Stock Plan 2018
|
|
|
c)
|
Price(s) and volume(s)
|
Volume: 9,863
Price: £2.96965
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
n/a (single transaction)
|
|
|
e)
|
Date of the transaction
|
2 December 2025
|
|
|
f)
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Place of the transaction
|
London Stock Exchange (XLON)
|
|
|
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WPP
PLC
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(Registrant)
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Date:
02 December 2025.
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By:
______________________
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Balbir
Kelly-Bisla
|
|
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Company
Secretary
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FAQ
What did WPP (WPP) announce in this Form 6-K?
WPP announced the vesting of share awards for senior executives and related share transactions in ordinary shares of 10 pence each under its long-term incentive plans.
Which WPP executives had share awards vest in December 2025?
The share awards vested for Cindy Rose, Chief Executive Officer, and Joanne Wilson, Chief Financial Officer, under the 2022 Executive Performance Share Plan and the WPP Stock Plan 2018.
How many WPP shares vested for CEO Cindy Rose and what portion was sold?
Cindy Rose had 87,854 ordinary shares vest on 1 December 2025, of which 41,374 were automatically sold at £2.972 per share to cover statutory withholding liabilities and costs.
How many WPP shares vested for CFO Joanne Wilson and what portion was sold?
Joanne Wilson had 20,942 ordinary shares vest on 2 December 2025, and 9,863 shares were sold at £2.96965 per share to cover statutory withholding liabilities and costs.
Why were some of the vested WPP shares sold immediately?
A portion of the vested shares for both executives was sold automatically to satisfy statutory withholding tax liabilities and related costs associated with the share awards.
Under which plans were these WPP share awards granted?
Cindy Rose’s shares vested under the WPP 2022 Executive Performance Share Plan, while Joanne Wilson’s shares vested under the WPP Stock Plan 2018.
What regulatory requirement does this WPP notice fulfil?
The notice fulfils the disclosure obligation under Article 19 of the Market Abuse Regulation for transactions by persons discharging managerial responsibilities.