Director/PDMR Shareholding

RNS Number : 4135H
Man Group plc
13 March 2015
 



This notification relates to transactions to be notified in accordance with DTR 3.1.4R (1) (a)

 

Grant of Share Awards

On 12th March 2015, the following share awards were granted to directors of Man Group plc under the Man Group 2013 Deferred Executive Incentive Plan in respect of their long-term deferred bonus for the financial year ended 31 December 2014:

 

Emmanuel Roman, Chief Executive Officer

Conditional award over 484,902 ordinary shares vesting in three equal tranches three to five years from grant date.

 

Jonathan Sorrell, Chief Financial Officer

Conditional award over 303,063 ordinary shares vesting in three equal tranches three to five years from grant date.

 

Share Transactions

On 12th March 2015, Jonathan Sorrell:

 

1.            Exercised at nil consideration a share award over 97,738 ordinary shares of 3 3/7 US cents

                each granted in March 2012 under the Man Group Deferred Share Plan; and

 

2.            Disposed of 46,038 ordinary shares at a price of 195.6275 pence per share sold to cover the

                related income tax liability.

 

The Company was advised of the above share award grants and transactions on the same day. 

 

 

ENQUIRIES

 

Fiona Smart

Head of Investor Relations

+44 20 7144 2030

fiona.smart@man.com

 

Rosanna Konarzewski

Head of Communications

+44 20 7144 2078

media@man.com

 

RLM Finsbury

James Bradley

Ryan O'Keeffe

+44 20 7251 3801


This information is provided by RNS
The company news service from the London Stock Exchange
 
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