Correction: Director/PDMR Shareholding

RNS Number : 9727H

Man Group plc

16 March 2018

 

16 March 2018    

Man Group plc

Correction: Notification of Transactions of Persons Discharging Managerial Responsibilities

The following amendment has been made to the 'Notification of Transactions of Persons Discharging Managerial Responsibilities' announcement released on 14 March 2018 at 10:35 am.

The date of the transaction disclosed in box 4(e) for the sale of shares by Sandy Rattray to cover tax liabilities should have been 2018-03-12 rather than 2017-02-12 as disclosed in that announcement.  All other details remain unchanged. The full amended text is shown below.

Man Group plc (the "Company") announces that, on 12 March 2018, ordinary shares of 3 ^3/7 US cents each in the Company were acquired by the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs"), pursuant to the vesting of conditional awards and the exercise of nil cost options granted under the Company's incentive plans. 

Following such exercise or vesting, certain PDMRs immediately sold shares as detailed below at a price of 174.7935 pence per share.

Name	Role	Form of Award	Shares acquired under Award(s) / Option(s)	Total number of shares sold	Retained beneficial holding after sale
Luke Ellis	Chief Executive Officer, Man Group plc	Nil cost option	508,411	0	508,411
Mark Jones	Chief Financial Officer, Man Group plc	Nil cost option	45,456	0	109,806
		Conditional award	64,350
Jonathan Sorrell	President, Man Group plc	Conditional award	206,130	97,095	109,035
Robyn Grew	Chief Administrative Officer, Man Group plc	Nil cost option	115,713	77,941	87,635
		Conditional award	49,863
Sandy Rattray	Chief Investment Officer, Man Group plc	Conditional award	283,067	133,042	150,025

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Enquiries:

Fiona Smart

Head of Investor Relations

[phone]

[e-mail] 

Rosanna Konarzewski

Global Head of Communications and Marketing

[phone]

[e-mail] 

Finsbury

Michael Turner

[phone]

[e-mail] 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Luke Ellis
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Exercise of nil cost share option over 148,708 shares under the Man Group plc 2015 Deferred Share Plan. Exercise of nil cost share option over 164,373 shares under the Man Group plc 2016 Deferred Share Plan. Exercise of nil cost share option over 195,330 shares under the Man Group plc 2016 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 175.40 148,708 175.40 164,373 175.40 195,330
d)	Aggregated information	Price(s) Volume(s) 175.40 508,411
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Jones
2	Reason for the notification
a)	Position/status	Chief Financial Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 14,973 shares under the Laurel Heights LLP 2015 Partner Deferred Share Plan. Vesting of award over 49,377 shares under the Laurel Heights LLP 2016 Partner Deferred Share Plan. Exercise of nil cost share option over 45,456 shares under the Man Group plc 2016 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 175.40 14,973 175.40 49,377 175.40 45,456
d)	Aggregated information	Price(s) Volume(s) 175.40 109,806
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jonathan Sorrell
2	Reason for the notification
a)	Position/status	President, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 89,169 shares under the Man Group plc 2013 Deferred Executive Incentive Plan. Vesting of award over 116,961 shares under the Man Group plc 2013 Deferred Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 174.7935 89,169 174.7935 116,961
d)	Aggregated information	Price(s) Volume(s) 174.7935 206,130
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jonathan Sorrell
2	Reason for the notification
a)	Position/status	President, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Sale of shares to cover tax liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) 174.7935 97,095
d)	Aggregated information	N/A
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robyn Grew
2	Reason for the notification
a)	Position/status	Chief Administrative Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 49,863 shares under the Laurel Heights LLP 2015 Partner Deferred Share Plan. Exercise of nil cost share option over 76,848 shares under the Man Group plc 2016 Deferred Share Plan. Exercise of nil cost share option over 38,865 shares under the Man Group plc 2016 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 174.7935 49,863 174.7935 76,848 174.7935 38,865
d)	Aggregated information	Price(s) Volume(s) 174.7935 165,576
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robyn Grew
2	Reason for the notification
a)	Position/status	Chief Administrative Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Sale of shares to cover tax liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) 174.7935 77,941
d)	Aggregated information	N/A
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sandy Rattray
2	Reason for the notification
a)	Position/status	Chief Investment Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 22,279 shares under the AHL Partners LLP 2014 Partner Deferred Share Plan. Vesting of award over 110,513 shares under the AHL Partners LLP 2014 Partner Deferred Share Plan. Vesting of award over 107,804 shares under the AHL Partners LLP 2016 Partner Deferred Share Plan. Vesting of award over 42,471 shares under the AHL Partners LLP 2016 Partner Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 174.7935 22,279 174.7935 110,513 174.7935 107,804 174.7935 42,471
d)	Aggregated information	Price(s) Volume(s) 174.7935 283,067
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sandy Rattray
2	Reason for the notification
a)	Position/status	Chief Investment Officer, Man Group plc
b)	Initial notification/Amendment	This is an amendment.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Sale of shares to cover tax liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) 174.7935 133,042
d)	Aggregated information	N/A
e)	Date of the transaction	2018-03-12
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

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