M&G plc NEWS RELEASE
6 October 2020
M&G plc
Notification of transaction by Person Discharging Managerial Responsibilities (PDMR)
M&G plc announces that on 5 October 2020, M&G plc shares ("Shares") were released to Roddy Thomson in accordance with the replacement award granted to him under the 2017 Prudential Long Term Incentive Plan on 21 September 2017. Shares were sold to cover Mr Thomson's tax liabilities and sales costs and Mr Thomson retained the balance of the Shares.
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
Contact
Alan Porter, Group General Counsel and Company Secretary - 0203 977 4064
Helen Archbold, Head of Secretariat - 0203 977 0057
1
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Roddy Thomson |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Operating Officer |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
M&G plc |
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b) |
LEI |
254900TWUJUQ44TQJY84 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 5 pence each
|
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b) |
Nature of the transaction |
Vesting of shares under the Prudential Long Term Incentive Plan |
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c) |
Price(s) and volume(s) |
|
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|
Aggregated information
-Aggregated volume
-Price |
162,635
£1.6338 |
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|
Date of the transaction |
2020-10-05 |
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|
Place of the transaction |
XLON |
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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
|
||||
b) |
Nature of the transaction |
Sale of shares under the Prudential Long Term Incentive Plan to cover applicable withholding tax and other deductions
|
||||
c) |
Price(s) and volume(s) |
|
||||
|
Aggregated information
-Aggregated volume
-Price |
76,669
£1.6338 |
||||
|
Date of the transaction |
2020-10-05 |
||||
|
Place of the transaction |
XLON |
LEI: 213800YOEO5OQ72G2R82
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.