Director/PDMR Shareholding

M&G PLC

09 May 2023

 

M&G plc NEWS RELEASE
9 May 2023

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')

M&G plc (the 'Company') announces the following transactions:

Following the payment of an interim dividend of 13.4 pence per share on 27 April 2023 (the 'Dividend'), certain PDMRs acquired shares in the Company following the reinvestment of their Dividend with regards to the shares released to them on 3 April 2023 (the 'Dividend Equivalent Shares'). These Dividend Equivalent Shares were released on 4 May 2023. Shares were sold to cover the PDMRs' tax liabilities and sale costs and the PDMRs 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 - 020 8162 4064

George Bayer, Deputy Company Secretary - PLC and 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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB00BKFB1C65
b)	Nature of the transaction	a.    Vesting of Dividend Equivalent Shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 12,012
	Aggregated information -Aggregated volume -Price	12,012 Nil
	Date of the transaction	2023-05-04
	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	a.    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)	Item Price (s) Volume (s) a. £2.0131 5,663
	Aggregated information -Aggregated volume -Price	5,663 £2.0131
	Date of the transaction	2023-05-04
	Place of the transaction	XLON

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 financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB00BKFB1C65
b)	Nature of the transaction	a.    Vesting of Dividend Equivalent Shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 5,896
	Aggregated information -Aggregated volume -Price	5,896 Nil
	Date of the transaction	2023-05-04
	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	a.    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)	Item Price (s) Volume (s) a. £2.0131 2,780
	Aggregated information -Aggregated volume -Price	2,780 £2.0131
	Date of the transaction	2023-05-04
	Place of the transaction	XLON

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 and 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	a.    Vesting of Dividend Equivalent Shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 7,134
	Aggregated information -Aggregated volume -Price	7,134 Nil
	Date of the transaction	2023-05-04
	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	a.    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)	Item Price (s) Volume (s) a. £2.0131 3,366
	Aggregated information -Aggregated volume -Price	3,366 £2.0131
	Date of the transaction	2023-05-04
	Place of the transaction	XLON

LEI: 254900TWUJUQ44TQJY84

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

 

END