TIDMMNG

RNS Number : 9233X

M&G PLC

28 April 2023

M&G plc NEWS RELEASE

28 April 2023

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)

M&G plc (the 'Company') announces changes to the interests of certain PDMRs following the payment of an interim dividend of 13.4 pence per share on 27 April 2023.

Certain PDMRs acquired shares in the Company following the reinvestment of these dividends as an automatic part of their participation in the M&G Share Incentive Plan.

In addition, dividend equivalents also accrued on awards made to PDMRs under deferred incentive plans and long term incentive plans. These dividend equivalents are subject to the same terms (including the vesting date, and where applicable, performance conditions and holding period) as the original award.

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, Deputy Company Secretary - PLC & Governance - 020 8162 2655

 
 1   Details of the person discharging managerial responsibilities 
      / person closely associated 
 a)  Name                            Clare Bousfield 
     ------------------------------  ------------------------------------------------------ 
 2   Reason for the notification 
     -------------------------------------------------------------------------------------- 
 a)  Position/status                 Chief Executive Officer, Retail & Savings 
     ------------------------------  ------------------------------------------------------ 
 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       Acquisition of shares through reinvested 
                                      dividends under the M&G Share Incentive 
                                      Plan 
     ------------------------------  ------------------------------------------------------ 
 c)  Price(s) and volume(s)            Price (s)    Volume (s) 
                                        GBP2.030     425 
                                                    ----------- 
     ------------------------------  ------------------------------------------------------ 
 d)      Aggregated information 
 
          -Aggregated volume            425 
 
          -Price                        GBP2.030 
     ------------------------------  ------------------------------------------------------ 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ------------------------------------------------------ 
 f)  Place of the transaction        XLON 
     ------------------------------  ------------------------------------------------------ 
 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                   Accrual of dividend equivalents in respect 
                                                  of awards under the following plans: 
                                                  a. M&G Deferred Incentive Plan 
                                                  b. M&G Performance Share Plan 
     ------------------------------  ------------------------------------------------------ 
 c)  Price(s) and volume(s)            Item    Price (s)    Volume (s) 
                                        a.      GBP2.012     38,297 
                                               -----------  ----------- 
                                        b.      GBP2.012     174,070 
                                               -----------  ----------- 
     ------------------------------  ------------------------------------------------------ 
 d)      Aggregated information 
 
          -Aggregated volume            212,367 
 
          -Price                        GBP2.012 
     ------------------------------  ------------------------------------------------------ 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ------------------------------------------------------ 
 f)  Place of the transaction        Outside a trading venue 
     ------------------------------  ------------------------------------------------------ 
 
 
 1   Details of the person discharging managerial responsibilities 
      / person closely associated 
 a)  Name                            Peter Grewal 
     ------------------------------  ------------------------------------------------------ 
 2   Reason for the notification 
     -------------------------------------------------------------------------------------- 
 a)  Position/status                 Group Chief Risk and Compliance 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                   Accrual of dividend equivalents in respect 
                                                  of awards under the following plans: 
                                                  a. M&G Deferred Incentive Plan 
                                                  b. M&G Performance Share Plan 
     ------------------------------  ------------------------------------------------------ 
 c)  Price(s) and volume(s)            Item    Price (s)    Volume (s) 
                                        a.      GBP2.012     10,212 
                                               -----------  ----------- 
                                        b.      GBP2.012     44,579 
                                               -----------  ----------- 
     ------------------------------  ------------------------------------------------------ 
 d)      Aggregated information 
 
          -Aggregated volume            54,791 
 
          -Price                        GBP2.012 
     ------------------------------  ------------------------------------------------------ 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ------------------------------------------------------ 
 f)  Place of the transaction        Outside a trading venue 
     ------------------------------  ------------------------------------------------------ 
 
 
 1   Details of the person discharging managerial responsibilities 
      / person closely associated 
 a)  Name                            Matthew Howells 
     ------------------------------  ---------------------------------------------------- 
 2   Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)  Position/status                 Chief People 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                   Acquisition of shares through reinvested 
                                                  dividends under the M&G Share Incentive 
                                                  Plan 
     ------------------------------  ---------------------------------------------------- 
 c)  Price(s) and volume(s)            Price (s)    Volume (s) 
                                        GBP2.030     258 
                                                    ----------- 
     ------------------------------  ---------------------------------------------------- 
 d)      Aggregated information 
 
          -Aggregated volume            GBP2.030 
 
          -Price                        GBP258 
     ------------------------------  ---------------------------------------------------- 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ---------------------------------------------------- 
 f)  Place of the transaction        XLON 
     ------------------------------  ---------------------------------------------------- 
 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             Accrual of dividend equivalents in respect 
                                            of awards under the following plans: 
                                            a. M&G Deferred Incentive Plan 
                                            b. M&G Performance Share Plan 
     ------------------------------  ---------------------------------------------------- 
 c)  Price(s) and volume(s)            Item    Price (s)    Volume (s) 
                                        a.      GBP2.012     4,137 
                                               -----------  ----------- 
                                        b.      GBP2.012     41,832 
                                               -----------  ----------- 
     ------------------------------  ---------------------------------------------------- 
 d)      Aggregated information 
 
          -Aggregated volume            45,969 
 
          -Price                        GBP2.012 
     ------------------------------  ---------------------------------------------------- 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ---------------------------------------------------- 
 f)  Place of the transaction        Outside a trading venue 
     ------------------------------  ---------------------------------------------------- 
 
 
 1   Details of the person discharging managerial responsibilities 
      / person closely associated 
 a)  Name                            Kathryn McLeland 
     ------------------------------  ------------------------------------------------------ 
 2   Reason for the notification 
     -------------------------------------------------------------------------------------- 
 a)  Position/status                 Chief Financial 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                   Accrual of dividend equivalents in respect 
                                                  of awards under the following plans: 
 
                                                  a. M&G Performance Share Plan 
     ------------------------------  ------------------------------------------------------ 
 c)  Price(s) and volume(s)            Item    Price (s)    Volume (s) 
                                        a.      GBP2.012     44,372 
                                               -----------  ----------- 
     ------------------------------  ------------------------------------------------------ 
 d)      Aggregated information 
 
          -Aggregated volume            44,372 
 
          -Price                        GBP2.012 
     ------------------------------  ------------------------------------------------------ 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ------------------------------------------------------ 
 f)  Place of the transaction        Outside a trading venue 
     ------------------------------  ------------------------------------------------------ 
 
 
 1   Details of the person discharging managerial responsibilities 
      / person closely associated 
 a)  Name                            Alan Porter 
     ------------------------------  ------------------------------------------------------ 
 2   Reason for the notification 
     -------------------------------------------------------------------------------------- 
 a)  Position/status                 Group General Counsel & Company Secretary 
     ------------------------------  ------------------------------------------------------ 
 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                   Acquisition of shares through reinvested 
                                                  dividends under the M&G Share Incentive 
                                                  Plan 
     ------------------------------  ------------------------------------------------------ 
c)   Price(s) and volume(s)            Price (s)    Volume (s) 
                                        GBP2.030     425 
                                                    ----------- 
     ------------------------------  ------------------------------------------------------ 
 d)      Aggregated information 
 
          -Aggregated volume            425 
 
          -Price                        GBP2.030 
     ------------------------------  ------------------------------------------------------ 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ------------------------------------------------------ 
 f)  Place of the transaction        XLON 
     ------------------------------  ------------------------------------------------------ 
 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                   Accrual of dividend equivalents in respect 
                                                  of awards under the following plans: 
                                                  a. M&G Deferred Incentive Plan 
                                                  b. M&G Performance Share Plan 
     ------------------------------  ------------------------------------------------------ 
 c)  Price(s) and volume(s)            Item    Price (s)    Volume (s) 
                                        a.      GBP2.012     20,325 
                                               -----------  ----------- 
                                        b.      GBP2.012     109,663 
                                               -----------  ----------- 
     ------------------------------  ------------------------------------------------------ 
 d)      Aggregated information 
 
          -Aggregated volume            129,988 
 
          -Price                        GBP2.012 
     ------------------------------  ------------------------------------------------------ 
 e)  Date of the transaction         2023-04-27 
     ------------------------------  ------------------------------------------------------ 
 f)  Place of the transaction        Outside a trading venue 
     ------------------------------  ------------------------------------------------------ 
 

LEI: 254900TWUJUQ44TQJY84

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHSESFDAEDSEEL

(END) Dow Jones Newswires

April 28, 2023 09:30 ET (13:30 GMT)

M&g (LSE:MNG)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024 Plus de graphiques de la Bourse M&g
M&g (LSE:MNG)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024 Plus de graphiques de la Bourse M&g