TIDMMNG

RNS Number : 9417E

M&G PLC

01 November 2022

M&G plc NEWS RELEASE

1 November 2022

M&G plc

Notification of transaction by Person Discharging Managerial Responsibilities ('PDMR')

M&G plc announces that on the 31 October 2022 Vanessa Murden, Chief Operating Officer, exercised her option of shares in accordance with the replacement award granted under the M&G Performance Share Plan on 16 June 2022. This award originally vested on 23 June 2022 and became available on 6 September 2022.

Shares were sold to cover Ms Murden's tax liabilities and sale costs and she retained the balance of shares.

The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

Contact

Alan Porter, General Counsel and Company Secretary - 020 8162 4064

George Bayer, Senior Assistant Company Sectary - 020 8162 2655

 
 1   Details of the person discharging managerial responsibilities 
      / person closely associated 
 a)  Name                            Vanessa Murden 
     ------------------------------  ---------------------------------------------------- 
 2   Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)  Position/status                 Chief Operating Officer 
     ------------------------------  ---------------------------------------------------- 
 b)  Initial notification/Amendment  Initial notification 
     ------------------------------  ---------------------------------------------------- 
 3   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)  Name                            M&G plc 
     ------------------------------  ---------------------------------------------------- 
 b)  LEI                             254900TWUJUQ44TQJY84 
     ------------------------------  ---------------------------------------------------- 
 4   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              Ordinary shares of 5 pence each 
      financial instrument, 
      type of instrument 
 
      Identification code             GB00BKFB1C65 
     ------------------------------  ---------------------------------------------------- 
 b)  Nature of the transaction                   Vesting of a nil-cost option under the 
                                                  M&G Performance Share Plan 
     ------------------------------  ---------------------------------------------------- 
 c)  Price(s) and volume(s)            Price (s)    Volume (s) 
                                        GBP2.1357    14,894 
                                                    ----------- 
     ------------------------------  ---------------------------------------------------- 
         Aggregated information 
 
          -Aggregated volume            14,894 
 
          -Price                        GBP2.1357 
     ------------------------------  ---------------------------------------------------- 
     Date of the transaction         2022-06-23 
     ------------------------------  ---------------------------------------------------- 
     Place of the transaction        Outside a trading venue 
     ------------------------------  ---------------------------------------------------- 
 4   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              Ordinary shares of 5 pence each 
      financial instrument, 
      type of instrument 
 
      Identification code             GB00BKFB1C65 
     ------------------------------  ---------------------------------------------------- 
 b)  Nature of the transaction             Sale of shares to cover applicable withholding 
                                            tax and other deductions arising on release 
                                            of a nil-cost conditional award under the 
                                            M&G Performance Share Plan 
     ------------------------------  ---------------------------------------------------- 
 c)  Price(s) and volume(s)            Price (s)    Volume (s) 
                                        GBP1.7581    7,208 
                                                    ----------- 
     ------------------------------  ---------------------------------------------------- 
         Aggregated information 
 
          -Aggregated volume            7,208 
 
          -Price                        GBP1.7581 
     ------------------------------  ---------------------------------------------------- 
     Date of the transaction         2022-10-31 
     ------------------------------  ---------------------------------------------------- 
     Place of the transaction        XLON 
     ------------------------------  ---------------------------------------------------- 
 

LEI: 254900TWUJUQ44TQJY84

Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.

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END

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November 01, 2022 09:00 ET (13:00 GMT)

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