UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
_____________________
FORM
6-K
____________________
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
under
the Securities Exchange Act of 1934
For the Month of March 2023
Commission
File Number: 001-38303
______________________
WPP
plc
(Translation
of registrant's name into English)
________________________
Sea
Containers, 18 Upper Ground
London,
United Kingdom SE1 9GL
(Address
of principal executive offices)
_________________________
Indicate by check
mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
Form 20-F
X Form 40-F
___
Indicate by check
mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ___
Note: Regulation S-T Rule
101(b)(1) only permits the submission in paper of a Form 6-K if
submitted solely to provide an attached annual report to security
holders.
Indicate by check
mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ___
Note: Regulation S-T Rule
101(b)(7) only permits the submission in paper of a Form 6-K if
submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws
of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant’s “home
country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the
report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security
holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on
EDGAR.
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 ‘anticipate’,
‘estimate’, ‘expect’, ‘intend’,
‘will’, ‘project’, ‘plan’,
‘believe’, ‘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 statements.
Therefore, you should not rely on such forward-looking statements,
which speak only as of the date they are made, as a prediction of
actual results or otherwise. Important factors which may cause
actual results to differ include but are not limited to: the impact
of outbreaks, epidemics or pandemics, such as the Covid-19 pandemic
and ongoing challenges and uncertainties posed by the Covid-19
pandemic for businesses and governments around the world; the
unanticipated loss of a material client or key personnel; delays or
reductions in client advertising budgets; shifts in industry rates
of compensation; regulatory compliance costs or litigation; changes
in competitive factors in the industries in which we operate and
demand for our products and services; our inability to realise the
future anticipated benefits of acquisitions; failure to realise our
assumptions regarding goodwill and indefinite lived intangible
assets; natural disasters or acts of terrorism; the Company’s
ability to attract new clients; the economic and geopolitical
impact of the Russian invasion of Ukraine; the risk of global
economic downturn; technological changes and risks to the security
of IT and operational infrastructure, systems, data and information
resulting from increased threat of cyber and other attacks; the
Company’s exposure to changes in the values of other major
currencies (because a substantial portion of its revenues are
derived and costs incurred outside of the UK); and the overall
level of economic activity in the Company’s major markets
(which varies depending on, among other things, regional, national
and international political and economic conditions and government
regulations in the world’s advertising markets). In addition,
you should consider the risks described in Item 3D, captioned
“Risk Factors,” which could also cause actual results
to differ from forward-looking information. In light of these and
other uncertainties, the forward-looking statements included in
this document should not be regarded as a representation by the
Company that the Company’s plans and objectives will be
achieved. Neither the Company, nor any of its directors, officers
or employees, provides any representation, assurance or guarantee
that the occurrence of any events anticipated, expressed or implied
in any forward-looking statements will actually occur. The Company
undertakes no obligation to update or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
EXHIBIT INDEX
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Exhibit No.
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Description
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1
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Acquisition dated 07 March 2023, prepared by WPP plc.
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FOR IMMEDIATE RELEASE
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7 March 2023
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WPP PLC ("WPP")
WPP acquires German healthcare specialist 3K
Communication
Frankfurt-based 3K will join WPP's Hill+Knowlton Strategies,
advancing the company's growth in the global healthcare
sector
WPP announces today that it has acquired 3K
Agentur für Kommunikation (3K),
one of the leading healthcare specialist PR agencies in Germany. 3K
will become part of the Hill+Knowlton Strategies (H+K) global
network, strengthening its healthcare presence in Europe and
expanding its operations in Germany.
Founded 25 years ago, 3K is known for its expertise in healthcare,
biopharmaceuticals, and related sciences, working with some of the
world's most notable global pharmaceutical companies, consumer
health brands, and local biotech start-ups.
The addition of 3K aligns with WPP's strategic focus on healthcare
and marks the company's continued investment in Germany. In the
second half of 2022, WPP appointed Wendy Lund as Chief Client
Officer for Health & Wellness and FM
Schmidt as
WPP's first President of the German
market.
The acquisition is also the latest milestone in H+K's ongoing
transformation. The agency has grown more than 25% over the last
two years, expanding its global leadership team -
including Brenna
Terry as
Global Chair of Healthcare - and acquiring the JeffreyGroup in
Latin America.
AnnaMaria DeSalva, Global Chairman and CEO of Hill+Knowlton
Strategies, said: "Healthcare
is in a perpetual cycle of growth and transformation, demanding
superior communication and stakeholder
strategies. Hill+Knowlton
has a large role to play in this dynamic market. The addition of 3K
will meaningfully strengthen our international capability in
healthcare, and I am delighted to welcome them to the H+K
family."
Ruth Bastuck, Founder and Managing Director of 3K,
said: "I'm
incredibly proud of what we have successfully built at 3K over the
past 25 years, but I am equally excited for our future with
Hill+Knowlton. Healthcare is such an important component of H+K's
global strategy, and we could not have found a better fit,
culturally, strategically, or operationally. We are equally
dedicated to shaping excellent medical-to-human interactions.
Tapping into the diverse resources and global reach of the H+K and
WPP networks will create many exciting new opportunities for both
our clients and our employees."
Mark Read, CEO of WPP, said: "Amid
today's dynamic macroeconomic conditions we have seen great
resilience and growth in the healthcare sector, as well as across
our own PR businesses. Germany is our third largest market, and the
addition of 3K to Hill+Knowlton's growing portfolio further
strengthens WPP's global healthcare offer to
clients."
3K becomes the latest in a series of acquisitions -
including Fēnom
Digital, Diff, Passport, Newcraft and Corebiz in
the last six months alone - that form part of WPP's accelerated
growth strategy and focused M&A approach to continue to build
on the company's core capabilities.
ENDS
Further information:
Louise Lacourarie, WPP
+44 (0)20 7282 4600 / +44 7741 360931
louise.lacourarie@wpp.com
Sarah Brandon, Hill+Knowlton
+1 416 413 4773
sarah.brandon@hkstrategies.com
About WPP
WPP is the creative
transformation company. We use the power of creativity to build
better futures for our people, planet, clients and communities. For
more information, visit www.wpp.com.
About Hill+Knowlton
Hill+Knowlton Strategies, Inc. is an international communications
consultancy, providing services to local, multinational, and global
clients. H+K operates more than 70 offices in nearly 40 countries
worldwide, as well as an extensive associate network, delivering
award-winning campaigns to clients across all sectors and
disciplines and with a focus on continued innovation for the
industry. Headquartered in New York, the firm is part of WPP, one
of the world's largest communications services
groups. For more information about H+K,
click here,
follow us on Twitter here,
like us on Facebook here,
and follow us on LinkedIn here.
About 3K
Founded in 1998, 3K is one of the leading healthcare PR agencies in
Germany, helping clients translate complex issues in healthcare and
science into innovative formats, bringing products, brands and
companies into the conversation. http://www.3k-kommunikation.de/
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.
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WPP
PLC
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(Registrant)
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Date:
07 March 2023.
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By:
______________________
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Balbir
Kelly-Bisla
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Company
Secretary
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WPP (PK) (USOTC:WPPGF)
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