Director/PDMR Shareholding
M&G plc NEWS RELEASE
3 April 2020
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
Release of shares under the Prudential Deferred Annual Incentive Plan, the Prudential Long Term Incentive Plan and the Prudential Group Deferred Bonus Plan (the "Prudential Plans")
M&G plc (the "Company") announces that on 2 April 2020, shares were released to the below PDMRs in accordance with the replacement awards granted under the Prudential Plans on 27 November 2019. Shares were sold to cover the PDMRs' tax liabilities and sales costs and the PDMRs retained the balance of the shares.
Awards under the M&G Deferred Incentive Plan 2019
On 3 April 2020, the Company made deferred bonus awards to PDMRs under the M&G Deferred Incentive Plan 2019. An award representing a proportion of the PDMRs' annual cash bonus has been deferred into a conditional award over shares which is due to vest in April 2023. The awards have been made using the three day average market share price of £1.135.
Awards under the M&G Performance Share Plan 2019
On 3 April 2020, the Company granted nil-cost options to the following PDMRs under the M&G Performance Share Plan 2019. The options granted in 2020 are subject to the achievement of performance conditions over a three-year period plus a subsequent holding period of two years, except as noted below.
The grant price used for the M&G Performance Share Plan awards of £1.135 was based on an average of the 3 days preceding the grant date of 3 April 2020, consistent with all other participants in the scheme. The Remuneration Committee considered that whilst the share price has traded lower in recent times due to various external factors, they do not believe these are specific to M&G and that it is appropriate to base the grant on this market-typical methodology. The Remuneration Committee also noted the discretion that exists under the rules of the M&G Performance Share Plan to adjust awards if outcomes are not reflective of the performance of the Group taking consideration of all relevant factors including market movements over the period of vesting.
Summary table
The below table summarises the above transactions for each PDMR:
|
Name |
Number of shares released under the Prudential Plans |
Number of shares sold to cover tax liabilities and sales costs |
Number of shares awarded under the M&G Deferred Incentive Plan 2019 |
Number of nil-cost options granted under the M&G Performance Share Plan 2019 |
|
Julian Adams |
338,244 |
159,454 |
101,806 |
442,621 |
|
Clare Bousfield |
176,097 |
83,030 |
130,837 |
1,106,563 |
|
Jonathan Daniels |
30,847 |
14,542 |
168,634 |
737,702 |
|
John Foley |
761,462 |
358,965 |
459,295 |
2,158,590 |
|
David Macmillan |
- |
- |
58,837 |
637,107 |
|
Graham Mason |
143,635 |
67,712 |
51,718 |
570,043 |
|
Irene McDermott Brown |
137,310 |
64,743 |
64,581 |
563,336 |
|
Alan Porter |
379,823 |
179,055 |
77,709 |
704,171 |
|
Roddy Thomson |
- |
- |
68,546 |
603,574 |
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 | Julian Adams | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Director, Public Policy and Regulation | |||||||||
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
| |||||||||
b) | Nature of the transaction | a. Vesting of nil-cost conditional awards under the Prudential Deferred Annual Incentive Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
338,244
Nil | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
Identification code | Ordinary shares of 5 pence each
| |||||||||
b) | Nature of the transaction | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Deferred Annual Incentive Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
159,454
£1.1284 | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
544,427
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Clare Bousfield | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Financial 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
| |||||||||
b) | Nature of the transaction | a. Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
176,097
Nil | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
Identification code | Ordinary shares of 5 pence each
| |||||||||
b) | Nature of the transaction | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
83,030
£1.1284 | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
1,237,400
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
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
| |||||||||
b) | Nature of the transaction | Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
30,847
Nil | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
Identification code | Ordinary shares of 5 pence each
| |||||||||
b) | Nature of the transaction | Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
14,542
£1.1284 | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
906,336
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | John Foley | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Executive 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
| |||||||||
b) | Nature of the transaction | a. Vesting of nil-cost conditional awards under the Prudential Deferred Annual Incentive Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
761,462
Nil | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
Identification code | Ordinary shares of 5 pence each
| |||||||||
b) | Nature of the transaction | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Deferred Annual Incentive Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
358,965
£1.1284 | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
2,617,885
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | David Macmillan | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Customer & Distribution 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
695,944
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Graham Mason | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief International 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
| |||||||||
b) | Nature of the transaction | Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
143,635
Nil | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
67,712
£1.1284 | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
621,761
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Irene McDermott Brown | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Human Resources 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
| |||||||||
b) | Nature of the transaction | a. Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
137,310
Nil | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
Identification code | Ordinary shares of 5 pence each
| |||||||||
b) | Nature of the transaction | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
64,743
£1.1284 | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
627,917
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Alan Porter | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Group General Counsel & Company Secretary | |||||||||
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
| |||||||||
b) | Nature of the transaction | a. Vesting of nil-cost conditional awards under the Prudential Deferred Annual Incentive Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
379,823
Nil | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
Identification code | Ordinary shares of 5 pence each
| |||||||||
b) | Nature of the transaction | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Deferred Annual Incentive Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
179,055
£1.1284 | |||||||||
| Date of the transaction | 2020-04-02 | |||||||||
| 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
781,880
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Roddy Thomson | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Operating 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
| |||||||||
b) | Nature of the transaction | a. Award granted under the Performance Share Plan due to vest in April 2023 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2023
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
| Aggregated information
-Aggregated volume
-Price |
672,120
£1.135 | |||||||||
| Date of the transaction | 2020-04-03 | |||||||||
| Place of the transaction | Outside a trading venue | |||||||||
LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
COMPANIES COVERED:
Latest directors dealings
- 2 days ago FRP Advisory Group
- 2 days ago Marks Electrical Group
- 2 days ago CLS Holdings
- 2 days ago QinetiQ Group
- 2 days ago Spectris