Director/PDMR Shareholding

Man Group plc

11 March 2024

 

Man Group plc

Notification of Transactions of Persons Discharging Managerial Responsibilities

Man Group plc (the "Company") announces that, on 8 March 2024, 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)
Robyn Grew	Chief Executive Officer	Conditional award	1,034,620
		Nil cost option	506,245
Antoine Forterre	Chief Financial Officer	Conditional award	639,583
		Nil cost option	109,446
Steven Desmyter	President	Conditional award	181,741
		Conditional award (5yr)	235,140

Conditional awards have been granted to the executive directors, Robyn Grew and Antoine Forterre, 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. Options which are held by participants subject to US tax will be exercised automatically as soon as they become exercisable.

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

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

Enquiries:

Karan Shirgaokar

Director 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	Robyn Grew
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 1,034,620 shares under the Man Group plc 2019 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Prices(s)                                            Volume(s) Nil                                                      1,034,620
d)	Aggregated information	N/A
e)	Date of the transaction	2024-03-08
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 506,245 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Prices(s)                                            Volume(s) Nil                                                       506,245
d)	Aggregated information	N/A
e)	Date of the transaction	2024-03-08
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
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 639,583 shares under the Man Group plc 2019 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 639,583
d)	Aggregated information	N/A
e)	Date of the transaction	2024-03-08
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 109,446 shares under the Man Group plc 2019 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 109,446
d)	Aggregated information	N/A
e)	Date of the transaction	2024-03-08
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	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 conditional award over 181,741 shares under the Man GLG Partners LLP 2019 Partner Deferred Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 181,741
d)	Aggregated information	N/A
e)	Date of the transaction	2024-03-08
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 conditional award over 235,140 shares under the Man GLG Partners LLP 2019 Partner Deferred Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 235,140
d)	Aggregated information	N/A
e)	Date of the transaction	2024-03-08
f)	Place of the transaction	Outside a trading venue

 

END