Director/PDMR Shareholding

RNS Number : 6881H
Man Group plc
14 March 2018
 

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

fiona.smart@man.com 

 

 

Rosanna Konarzewski

Global Head of Communications and Marketing

+44 (0)20 7144 1000

media@man.com 

 

 

Finsbury

Michael Turner

+44 (0)20 7251 3801

ManGroupUK@Finsbury.com 
 

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 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

133,042

 

d)

Aggregated information

N/A

 

 

e)

Date of the transaction

2017-02-12

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


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

Companies

Man Group (EMG)
Investor Meets Company
UK 100