14 March 2018
Man Group plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
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
+44 (0)20 7144 2030
Rosanna Konarzewski
Global Head of Communications and Marketing
+44 (0)20 7144 1000
Finsbury
Michael Turner
+44 (0)20 7251 3801
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 |
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a) |
Name |
Luke Ellis |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer, Man Group plc |
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b) |
Initial notification/Amendment |
This is an initial notification. |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Man Group plc |
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b) |
LEI |
5493008DK8RTOTIUZN73 |
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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 |
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc. |
||||||||
Identification code |
GB00B83VD954 |
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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.
|
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information |
|
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e) |
Date of the transaction |
2018-03-12 |
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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 |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer, Man Group plc |
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b) |
Initial notification/Amendment |
This is an initial notification. |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Man Group plc |
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b) |
LEI |
5493008DK8RTOTIUZN73 |
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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 |
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc. |
||||||||
Identification code |
GB00B83VD954 |
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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.
|
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information |
|
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e) |
Date of the transaction |
2018-03-12 |
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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 |
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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 |
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc. |
||||||
Identification code |
GB00B83VD954 |
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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.
|
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information |
|
||||||
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.
|
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c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information |
|
||||
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 |
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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.
|
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c) |
Price(s) and volume(s) |
|
||||||||
d) |
Aggregated information |
|
||||||||
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) |
|
||||
d) |
Aggregated information |
|
||||
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) |
|
||||||||||
d) |
Aggregated information |
|
||||||||||
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 |
Sale of shares to cover tax liabilities. |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information |
|
||||
e) |
Date of the transaction |
2017-02-12 |
||||
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |