Director/PDMR Shareholding

RNS Number : 1421I

M&G PLC

12 April 2022

 

M&G plc NEWS RELEASE
12 April 2022

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')

M&G plc announces that today shares vested and were released to Clare Bousfield in accordance with the replacement award granted under the Prudential Long Term Incentive Plan on 2 April 2019.

Shares were sold to cover Ms Bousfield's tax liabilities and sales costs and Ms Bousfield retained the balance of shares.

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

Contact

Alan Porter, General Counsel and Company Secretary - 020 8162 4064

Penny Woodcock, Deputy Company Secretary - PLC and Governance - 020 8162 3112

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clare Bousfield
2	Reason for the notification
a)	Position/status	Managing Director Retail and Savings
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 a nil-cost conditional award under the Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 142,405
	Aggregated information -Aggregated volume -Price	142,405 Nil
	Date of the transaction	2022-04-12
	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 GB00BKFB1C65
b)	Nature of the transaction	Sale of shares to cover applicable withholding tax and other deductions arising on release of a nil-cost conditional award under the Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.103 68,918
	Aggregated information -Aggregated volume -Price	68,918 £2.103
	Date of the transaction	2022-04-12
	Place of the transaction	XLON

LEI: 254900TWUJUQ44TQJY84

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

 

END

 

 

DSHSFEFFEEESEFL