M&G plc NEWS RELEASE
10 October 2022
M&G plc
M&G Chairman and CEO make share purchase
Further to the Company's announcement of 29 September 2022, Andrea Rossi has today joined the Company as CEO and Executive Director.
Mr. Rossi purchased 175,000 ordinary shares of 5 pence each on 7 October 2022.
Edward Braham, Chair, purchased 95,000 ordinary shares of 5 pence each on 7 October 2022.
The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provide 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 |
Andrea Rossi |
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2 |
Reason for the notification |
|||||
a) |
Position/status |
Chief Executive Officer |
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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 |
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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
|
||||
b) |
Nature of the transaction |
Purchase of shares |
||||
c) |
Price(s) and volume(s) |
|
||||
|
Aggregated information
-Aggregated volume
-Price |
175,000 £1.675
|
||||
|
Date of the transaction |
2022-10-07 |
||||
|
Place of the transaction |
XLON |
1
|
Details of the person discharging managerial responsibilities / person closely associated |
|||||
a) |
Name |
Edward Braham |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
Chairman |
||||
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
|
||||
b) |
Nature of the transaction |
Purchase of shares |
||||
c) |
Price(s) and volume(s) |
|
||||
|
Aggregated information
-Aggregated volume
-Price |
95,000
£1.668 |
||||
|
Date of the transaction |
2022-10-07 |
||||
|
Place of the transaction |
XLON |
LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.