Director/PDMR Shareholding

M&G PLC

04 April 2024

 

M&G plc NEWS RELEASE
4 April 2024

M&G plc

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

Vest of Awards under the M&G plc Deferred Incentive Plan ('DIP') and the M&G plc Performance Share Plan ('PSP')

On 31 March 2024, Recruitment Awards granted in March 2023 to Louise Shield vested subject to subsequent holding periods as set out below.

On 1 April 2024, an Award granted in April 2021 to Matthew Howells vested subject to a subsequent two-year holding period as set out below.

The PSP awards for Mr. Howells and Ms. Shield were all subject to performance conditions.

Summary:

Name	Number of shares vested and into holding period under the DIP	Holding period end		Number of shares vested and into holding period under the PSP	Holding period end
Matthew Howells	n/a	n/a		250,964	1 April 2026
Louise Shield	15,533	31 March 2025		n/a	n/a
	n/a	n/a		50,129	31 March 2025
	n/a	n/a		50,129	31 March 2026
	n/a	n/a		25,882	31 March 2027

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	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.    Vest of a nil-cost option award under the PSP into a two year holding period
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 250,964
	Aggregated information -Aggregated volume -Price	250,964 Nil
	Date of the transaction	2024-04-01
	Place of the transaction	Outside a trading venue

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	a.    Vest of a conditional award under the DIP into a one year holding period b.    Vest of a nil-cost option award under the PSP into a one year holding period c.     Vest of a nil-cost option award under the PSP into a two year holding period d.    Vest of a nil-cost option award under the PSP into a three year holding period
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 15,533 b. Nil 50,129 c. Nil 50,129 d. Nil 25,882
	Aggregated information -Aggregated volume -Price	141,673 Nil
	Date of the transaction	2024-03-31
	Place of the transaction	Outside a trading venue

LEI: 254900TWUJUQ44TQJY84

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

 

END