Director/PDMR Shareholding

M&G PLC

17 May 2024

 

M&G plc NEWS RELEASE
17 May 2024

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)

M&G plc announces changes to the interests in M&G plc shares for certain PDMRs.

On 16 May 2024, further to M&G plc's interim dividend payment on 9 May 2024, dividend equivalent shares that had accrued on certain deferred incentive or long term incentive share plan awards were released to the PDMRs set out below. The PDMRs retained the balance of shares after deductions to cover tax liabilities and sale costs.

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	Clive Bolton
2	Reason for the notification
a)	Position/status	Chief Executive Officer, M&G Life
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	Release of dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 9,144
	Aggregated information -Aggregated volume -Price	9,144 Nil
	Date of the transaction	2024-05-16
	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	Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.069 4,311
	Aggregated information -Aggregated volume -Price	4,311 £2.069
	Date of the transaction	2024-05-16
	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Louise Gelling
2	Reason for the notification
a)	Position/status	Interim Group Chief Risk and Compliance 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	Release of dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 4,960
	Aggregated information -Aggregated volume -Price	4,960 Nil
	Date of the transaction	2024-05-16
	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	Deduction of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.069 2,332
	Aggregated information -Aggregated volume -Price	2,332 £2.069
	Date of the transaction	2024-05-16
	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joseph Pinto
2	Reason for the notification
a)	Position/status	Chief Executive Officer, M&G Asset Management
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	Release of dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 9,760
	Aggregated information -Aggregated volume -Price	9,760 Nil
	Date of the transaction	2024-05-16
	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	Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.069 4,602
	Aggregated information -Aggregated volume -Price	4,602 £2.069
	Date of the transaction	2024-05-16
	Place of the transaction	XLON

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	Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 2,155
	Aggregated information -Aggregated volume -Price	2,155 Nil
	Date of the transaction	2024-05-16
	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	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)	Price (s) Volume (s) £2.069 1,026
	Aggregated information -Aggregated volume -Price	1,026 £2.069
	Date of the transaction	2024-05-16
	Place of the transaction	XLON

LEI: 254900TWUJUQ44TQJY84

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

 

END