WPP plc ( "WPP" )
WPP was notified yesterday of changes in the share ownership of executive directors of the company pursuant to
the exercise and satisfaction of awards under the 2004 Leadership Equity Acquisition Plan ("LEAP") granted in
2005. The ability to exercise these awards depended on the satisfaction of a number of conditions including the
relative performance of WPP against key competitors between 2005 and 31 December 2009 and the
requirement to retain shares in WPP during the same period.
WPP was also notified yesterday of changes in the share ownership of executive directors of the company
pursuant to the vesting of the 2007 Executive Share Awards ("ESA") granted in 2008.
On 6 th March 2010, Sir Martin Sorrell became entitled to receive 160,433 shares pursuant to his ESA granted
On 8 th March 2010 (but subject to the deferral noted below), Sir Martin Sorrell became entitled to receive
562,245 shares pursuant to the award granted under LEAP in 2005. Sir Martin has deferred the receipt of these
shares following the approval to do so granted by WPP’s Share Owners at their Annual General Meeting held on
24 June 2008. Sir Martin is entitled to exercise his option to receive these shares at any time until 30 November
On 8 th March 2010, Sir Martin Sorrell sold 122,536 shares in order to fund taxes.
At today’s date Sir Martin Sorrell and his family interests are interested in or have rights in 17,005,484 shares
(inclusive of the shares acquired pursuant to the awards granted under LEAP in 2004 and 2005, receipt of both
having been deferred) representing 1.356% of the issued share capital of WPP.
On 6 t h March 2010, Mr Paul Richardson became entitled to receive 102,879 shares pursuant to his ESA
granted in 2008. On 8 th March 2010, Mr Richardson exercised his option to receive the shares which vested
pursuant to the award granted under LEAP in 2005 in relation to 224,899 shares. On 8 th March 2010, Mr