Director/PDMR Shareholding

M&G PLC

28 April 2023

 

M&G plc NEWS RELEASE
28 April 2023

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 13.4 pence per share on 27 April 2023.

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

George Bayer, Deputy Company Secretary - PLC & 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.030 425
d)	Aggregated information -Aggregated volume -Price	425 £2.030
e)	Date of the transaction	2023-04-27
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)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.012 38,297 b. £2.012 174,070
d)	Aggregated information -Aggregated volume -Price	212,367 £2.012
e)	Date of the transaction	2023-04-27
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 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	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. £2.012 10,212 b. £2.012 44,579
d)	Aggregated information -Aggregated volume -Price	54,791 £2.012
e)	Date of the transaction	2023-04-27
f)	Place of the transaction	Outside a trading venue

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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.030 258
d)	Aggregated information -Aggregated volume -Price	£2.030 £258
e)	Date of the transaction	2023-04-27
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)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.012 4,137 b. £2.012 41,832
d)	Aggregated information -Aggregated volume -Price	45,969 £2.012
e)	Date of the transaction	2023-04-27
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kathryn McLeland
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	Accrual of dividend equivalents in respect of awards under the following plans: a. M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.012 44,372
d)	Aggregated information -Aggregated volume -Price	44,372 £2.012
e)	Date of the transaction	2023-04-27
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	Group 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) £2.030 425
d)	Aggregated information -Aggregated volume -Price	425 £2.030
e)	Date of the transaction	2023-04-27
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)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £2.012 20,325 b. £2.012 109,663
d)	Aggregated information -Aggregated volume -Price	129,988 £2.012
e)	Date of the transaction	2023-04-27
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