M&G PLC Director/PDMR Shareholding
17 May 2024 - 10:00PM
RNS Regulatory News
RNS Number : 9524O
M&G PLC
17 May 2024
M&G plc
NEWS RELEASE
17 May 2024
M&G
plc
Notification of transactions by Persons
Discharging Managerial Responsibilities (PDMRs)
M&G plc announces changes to the interests
in M&G plc shares for certain PDMRs.
On 16 May 2024, further to M&G plc's interim
dividend payment on 9 May 2024, dividend equivalent shares that had
accrued on certain deferred incentive or long term incentive share
plan awards were released to the PDMRs set out below. The PDMRs
retained the balance of shares after deductions to cover tax
liabilities and sale costs.
The notification below, which has been made in
accordance with the requirements of the Market Abuse Regulation,
provides further detail.
Contact
Christopher Smyth, Director of
Secretariat - 020 8162 0527
Sharna Ludlow, Head of Share Plans
and Share Registration - 020 8162
0611
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Clive Bolton
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive Officer, M&G
Life
|
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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Release of dividend equivalent
shares under the M&G Performance Share Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
Nil
|
9,144
|
|
|
Aggregated information
-Aggregated volume
-Price
|
9,144
Nil
|
|
Date of the transaction
|
2024-05-16
|
|
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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Sale of shares to cover applicable
withholding tax and other deductions arising on release of dividend
equivalent shares under the M&G Performance Share
Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
£2.069
|
4,311
|
|
|
Aggregated information
-Aggregated volume
-Price
|
4,311
£2.069
|
|
Date of the transaction
|
2024-05-16
|
|
Place of the transaction
|
XLON
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Louise Gelling
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Interim 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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Release of dividend equivalent
shares under the M&G Performance Share Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
Nil
|
4,960
|
|
|
Aggregated information
-Aggregated volume
-Price
|
4,960
Nil
|
|
Date of the transaction
|
2024-05-16
|
|
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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Deduction of shares to cover
applicable withholding tax and other deductions arising on release
of dividend equivalent shares under the M&G Performance Share
Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
£2.069
|
2,332
|
|
|
Aggregated information
-Aggregated volume
-Price
|
2,332
£2.069
|
|
Date of the transaction
|
2024-05-16
|
|
Place of the transaction
|
Outside a trading venue
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Joseph Pinto
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive Officer, M&G
Asset Management
|
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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Release of dividend equivalent
shares under the M&G Performance Share Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
Nil
|
9,760
|
|
|
Aggregated information
-Aggregated volume
-Price
|
9,760
Nil
|
|
Date of the transaction
|
2024-05-16
|
|
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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Sale of shares to cover applicable
withholding tax and other deductions arising on release of dividend
equivalent shares under the M&G Performance Share
Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
£2.069
|
4,602
|
|
|
Aggregated information
-Aggregated volume
-Price
|
4,602
£2.069
|
|
Date of the transaction
|
2024-05-16
|
|
Place of the transaction
|
XLON
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Louise Shield
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Corporate Affairs
Director
|
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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Release of dividend equivalent
shares under the M&G Deferred Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
Nil
|
2,155
|
|
|
Aggregated information
-Aggregated volume
-Price
|
2,155
Nil
|
|
Date of the transaction
|
2024-05-16
|
|
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 financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB00BKFB1C65
|
b)
|
Nature of the transaction
|
Sale of shares to cover applicable
withholding tax and other deductions arising on release of dividend
equivalent shares under the M&G Deferred Incentive
Plan
|
c)
|
Price(s) and volume(s)
|
Price (s)
|
Volume (s)
|
£2.069
|
1,026
|
|
|
Aggregated information
-Aggregated volume
-Price
|
1,026
£2.069
|
|
Date of the transaction
|
2024-05-16
|
|
Place of the transaction
|
XLON
|
LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information
disclosed under article 19 of the Market Abuse
Regulation.
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