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LONDON - WPP plc (LON:WPP) Chair Philip Jansen and Chief Executive Officer Cindy Rose have each purchased 50,000 ordinary shares in the company, according to a regulatory filing released on Friday.
Jansen acquired his shares at a price of £2.851 per share on November 13, representing a total investment of approximately £142,550. On the same day, Rose purchased her shares at £2.887 each, amounting to roughly £144,350.
The transactions were disclosed in a regulatory announcement as required under the Market Abuse Regulation for directors and persons discharging managerial responsibilities (PDMRs).
Both executives made their purchases through the London Stock Exchange. The filing indicates these were single transactions rather than aggregated purchases.
WPP, which describes itself as "the creative transformation company," has ordinary shares with a nominal value of 10 pence each. The shares trade under the ISIN code JE00B8KF9B49.
The notification was submitted by Company Secretary Balbir Kelly-Bisla in compliance with regulatory requirements for director transactions.
This information was provided in a press release statement from WPP plc.
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