Director/PDMR Shareholding

RNS Number : 9480S

Man Group plc

14 March 2023

 

Man Group plc

Notification of Transactions of Persons Discharging Managerial Responsibilities

Man Group plc (the "Company") announces that, on 10 March 2023, awards or options over ordinary shares of 3 ^3/7 US cents each were granted under the Group's incentive plans to the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs").  

Name	Role	Form of Award	Shares under Award(s) / Option(s)
Luke Ellis	Chief Executive Officer	Conditional award	969,331
		Nil cost option	252,704
Antoine Forterre	Chief Financial Officer & Chief Operating Officer	Conditional award	576,311
		Nil cost option	281,106
Eric Burl	Head of Discretionary	Nil cost option	267,300
		Nil cost option (5yr)	587,473
Steven Desmyter	Global Head of Sales & Marketing	Conditional award (5yr)	587,473
Robyn Grew	President	Nil cost option	220,302
		Nil cost option (5yr)	881,210
Mark Jones	Deputy Chief Executive Officer	Nil cost option	475,853

Conditional awards have been granted to directors under the Man Group plc 2019 Long Term Incentive Plan and will vest, subject to the satisfaction of performance conditions, three years after grant.  Shares subject to vested awards will then be delivered to participants two years later.

Nil-cost options have been granted under the Man Group plc 2019 Deferred Share Plan.  Options will become exercisable as to one third on each anniversary of grant and may be exercised up to the tenth anniversary of grant. Additional options, which will become exercisable on the fifth anniversary of grant (or earlier if certain performance hurdles have been met), have been granted to Eric Burl and Robyn Grew and may be exercised up to the tenth anniversary of grant. Options which are held by participants subject to US tax will be exercised automatically as soon as they become exercisable.

A conditional award has been granted under the Man GLG Partners LLP 2019 Partner Deferred Share Plan to Steven Desmyter.  Conditional awards will vest, and shares will be delivered on the fifth anniversary of grant (or earlier if certain performance hurdles have been met).

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

Enquiries:

Karan Shirgaokar

Head of Investor Relations

[phone]

[e-mail]

Georgiana Brunner

Head of Communications

[phone]

[e-mail]  

Elizabeth Woods

Company Secretary

[phone]

[e-mail]

Neil Doyle

FTI Consulting

[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
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	2549003YWC1DW6LALB09
4 (i)	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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of conditional award over 969,331 shares under the Man Group plc 2019 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Prices(s)  Volume(s) Nil  969,331
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

4 (ii)	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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of nil cost share option over 252,704 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Prices(s)  Volume(s) Nil  252,704
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Antoine Forterre
2	Reason for the notification
a)	Position/status	Chief Financial Officer and Chief Operating Officer
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	2549003YWC1DW6LALB09
4 (i)	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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of conditional award over 576,311 shares under the Man Group plc 2019 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 576,311
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of nil cost share option over 281,106 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 281,106
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Eric Burl
2	Reason for the notification
a)	Position/status	Head of Discretionary
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	2549003YWC1DW6LALB09
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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of nil cost share option over 267,300 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 267,300
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

4 (ii)	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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of nil cost share option over 587,473 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 587,473
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Steven Desmyter
2	Reason for the notification
a)	Position/status	Global Head of Sales and Marketing
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	2549003YWC1DW6LALB09
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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of conditional award over 587,473 shares under the Man GLG Partners LLP 2019 Partner Deferred Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 587,473
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robyn Grew
2	Reason for the notification
a)	Position/status	President
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	2549003YWC1DW6LALB09
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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of nil cost share option over 220,302 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 220,302
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

4 (ii)	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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of nil cost share option over 881,210 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 881,210
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Jones
2	Reason for the notification
a)	Position/status	Deputy Chief Executive Officer
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	2549003YWC1DW6LALB09
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	JE00BJ1DLW90
b)	Nature of the transaction	Grant of nil cost share option over 475,853 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 475,853
d)	Aggregated information	N/A
e)	Date of the transaction	2023-03-10
f)	Place of the transaction	Outside a trading venue

 

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