Director/PDMR Shareholding

RNS Number : 6166N

M&G PLC

30 September 2021

 

M&G plc NEWS RELEASE
30 September 2021

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)

M&G plc (the 'Company') announces the below changes to the interests of certain PDMRs.

Following the payment of an interim dividend of 6.1 pence per share on 29 September 2021, certain PDMRs acquired shares in the Company following the reinvestment of 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) £2.0368 112
d)	Aggregated information -Aggregated volume -Price	112 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 6,106 b. £2.051 23,312 c. £2.051 9,552 d. £2.051 19,675
d)	Aggregated information -Aggregated volume -Price	58,645 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 112
d)	Aggregated information -Aggregated volume -Price	112 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 10,113 b. £2.051 58,281 c. £2.051 1,495 d. £2.051 25,392 e. £2.051 1,027
d)	Aggregated information -Aggregated volume -Price	96,308 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 112
d)	Aggregated information -Aggregated volume -Price	112 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 11,664 b. £2.051 38,854 c. £2.051 3,987 d. £2.051 19,252 e. £2.051 1,027
d)	Aggregated information -Aggregated volume -Price	74,784 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 33
d)	Aggregated information -Aggregated volume -Price	33 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 27,152 b. £2.051 113,692 c. £2.051 7,882 d. £2.051 39,908
d)	Aggregated information -Aggregated volume -Price	188,634 £2.051
e)	Date of the transaction	2021-09-29
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 & Resilience 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	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. £2.051 2,153 b. £2.051 14,086
d)	Aggregated information -Aggregated volume -Price	16,239 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 45
d)	Aggregated information -Aggregated volume -Price	45 £2.0368
e)	Date of the transaction	2021-09-29
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) £2.051 9,406
d)	Aggregated information -Aggregated volume -Price	9,406 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 33
d)	Aggregated information -Aggregated volume -Price	33 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 4,528 b. £2.051 33,555 c. £2.051 1,306 d. £2.051 6,647
d)	Aggregated information -Aggregated volume -Price	46,036 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 33
d)	Aggregated information -Aggregated volume -Price	33 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 4,017 b. £2.051 30,023 c. £2.051 687 d. £2.051 10,593
d)	Aggregated information -Aggregated volume -Price	45,320 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 33
d)	Aggregated information -Aggregated volume -Price	33 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 4,460 b. £2.051 29,670 c. £2.051 996 d. £2.051 16,012 e. £2.051 1,027
d)	Aggregated information -Aggregated volume -Price	52,165 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 112
d)	Aggregated information -Aggregated volume -Price	112 £2.0368
e)	Date of the transaction	2021-09-29
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. £2.051 5,465 b. £2.051 37,088 c. £2.051 7,062 d. £2.051 15,754
d)	Aggregated information -Aggregated volume -Price	65,369 £2.051
e)	Date of the transaction	2021-09-29
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) £2.0368 33
d)	Aggregated information -Aggregated volume -Price	33 £2.0368
e)	Date of the transaction	2021-09-29
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 Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.051 3,200
d)	Aggregated information -Aggregated volume -Price	3,200 £2.051
e)	Date of the transaction	2021-09-29
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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