Director/PDMR Shareholding

RNS Number : 0984X

M&G PLC

29 April 2021

 

M&G plc NEWS RELEASE
29 April 2021

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 12.23 pence per share on 28 April 2021.

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

Helen Archbold, Head of Secretariat - 020 8162 0057

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julian Adams
2	Reason for the notification
a)	Position/status	Director, Public Policy and Regulation
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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 174
d)	Aggregated information -Aggregated volume -Price	174 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Annual Incentive Plan d.  Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 6,806 b. £2.115 29,594 c. £2.115 27,395 d. £2.115 51,027
d)	Aggregated information -Aggregated volume -Price	114,822 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clare Bousfield
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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) £2.1495 174
d)	Aggregated information -Aggregated volume -Price	174 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Group Deferred Bonus Plan   d.  Prudential Long Term Incentive Plan  e.  Prudential Restricted Stock Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 8,747 b. £2.115 73,986 c. £2.115 4,945 d. £2.115 57,366 e. £2.115 1,888
d)	Aggregated information -Aggregated volume -Price	146,932 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Daniels
2	Reason for the notification
a)	Position/status	Chief Investment 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 174
d)	Aggregated information -Aggregated volume -Price	174 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Group Deferred Bonus Plan   d.  Prudential Long Term Incentive Plan  e.  Prudential Restricted Stock Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 11,275 b. £2.115 49,323 c. £2.115 31,387 d. £2.115 57,446 e. £2.115 1,888
d)	Aggregated information -Aggregated volume -Price	151,319 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Foley
2	Reason for the notification
a)	Position/status	Chief Executive 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 60
d)	Aggregated information -Aggregated volume -Price	60 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Annual Incentive Plan d.  Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 30,709 b. £2.115 144,327 c. £2.115 28,658 d. £2.115 105,490
d)	Aggregated information -Aggregated volume -Price	309,184 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matt Howells
2	Reason for the notification
a)	Position/status	Chief of Staff
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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 60
d)	Aggregated information -Aggregated volume -Price	60 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB00BKFB1C65
b)	Nature of the transaction	Accrual of dividend equivalents in respect of awards under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.115 5,021
d)	Aggregated information -Aggregated volume -Price	5,021 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Macmillan
2	Reason for the notification
a)	Position/status	Chief Customer & Distribution 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 60
d)	Aggregated information -Aggregated volume -Price	60 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Group Deferred Bonus Plan d.  Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 3,933 b. £2.115 42,597 c. £2.115 4,399 d. £2.115 20,750
d)	Aggregated information -Aggregated volume -Price	71,679 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Graham Mason
2	Reason for the notification
a)	Position/status	Chief International 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 60
d)	Aggregated information -Aggregated volume -Price	60 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Group Deferred Bonus Plan d.  Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 3,457 b. £2.115 38,113 c. £2.115 10,031 d. £2.115 19,471
d)	Aggregated information -Aggregated volume -Price	71,072 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Irene McDermott Brown
2	Reason for the notification
a)	Position/status	Chief Human Resources 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 60
d)	Aggregated information -Aggregated volume -Price	60 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Group Deferred Bonus Plan d.  Prudential Long Term Incentive Plan  e.  Prudential Restricted Stock Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 4,317 b. £2.115 37,665 c. £2.115 3,615 d. £2.115 36,242 e. £2.115 1,888
d)	Aggregated information -Aggregated volume -Price	83,727 £2.115
e)	Date of the transaction	2021-04-28
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	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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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) £2.1495 174
d)	Aggregated information -Aggregated volume -Price	174 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each 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.  Prudential Annual Incentive Plan d.  Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.115 5,195 b. £2.115 47,082 c. £2.115 20,500 d. £2.115 46,023
d)	Aggregated information -Aggregated volume -Price	118,800 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Catherine Ross
2	Reason for the notification
a)	Position/status	Culture Lead  and Co-Head Private Credit
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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1495 60
d)	Aggregated information -Aggregated volume -Price	60 £2.1495
e)	Date of the transaction	2021-04-28
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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB00BKFB1C65
b)	Nature of the transaction	Accrual of dividend equivalents in respect of awards under the M&G Deferred Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.115 4,499
d)	Aggregated information -Aggregated volume -Price	4,499 £2.115
e)	Date of the transaction	2021-04-28
f)	Place of the transaction	Outside a trading venue

LEI: 254900TWUJUQ44TQJY84

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

 

END

 

 

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