Director/PDMR Shareholding

RNS Number : 1684X

M&G PLC

17 December 2019

 

M&G plc NEWS RELEASE
17 December 2019

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

M&G plc announces that on 16 December 2019, M&G plc shares (shares) were released to Jonathan Daniels in accordance with the replacement award granted to him under the 2017 PruCap Deferred Bonus Plan on 27 November 2019. Shares were sold to cover Mr Daniels' tax liabilities and sales costs and Mr Daniels retained the balance of the shares.

The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

Contact

Alan Porter, Group General Counsel and Company Secretary - 0203 977 4064

Helen Archbold, Head of Secretariat - 0203 977 0057

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Daniels
2	Reason for the notification
a)	Position/status	Chief Investment Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	M&G plc
b)	LEI	254900TWUJUQ44TQJY84
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 Identification code	Ordinary shares of 5 pence each GB00BKFB1C65
b)	Nature of the transaction	Vesting of shares under the PruCap Deferred Bonus Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.4615 438,013
d)	Aggregated information -Aggregated volume -Price	438,013 £2.4615
e)	Date of the transaction	2019-12-16
f)	Place of the transaction	XLON
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 Identification code	Ordinary shares of 5 pence each GB00BKFB1C65
b)	Nature of the transaction	Sale of shares under the PruCap Deferred Bonus Plan to cover applicable withholding tax and other deductions
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.4615 206,499
d)	Aggregated information -Aggregated volume -Price	206,499 £2.4615
e)	Date of the transaction	2019-12-16
f)	Place of the transaction	XLON

LEI: 254900TWUJUQ44TQJY84

Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.

 

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