Director/PDMR Shareholding

RNS Number : 5082Q

M&G PLC

28 June 2022

 

M&G plc NEWS RELEASE
28 June 2022

M&G plc

Notification of transaction by Person Discharging Managerial Responsibilities ('PDMR')

M&G plc announces that on the 27 June 2022 shares vested and were released to both John Foley, Chief Executive Officer and Clare Bousfield, Managing Director Retail and Sales, in accordance with the replacement award granted under the Prudential Long Term Incentive Plan on 26 June 2019.

Shares were sold to cover Mr Foley and Ms Bousfield's tax liabilities and sales costs and both Mr Foley 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

George Bayer, Senior Assistant Company Sectary - 020 8162 2655

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 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 130,917
	Aggregated information -Aggregated volume -Price	130,917 Nil
	Date of the transaction	2022-06-27
	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) £1.990 63,358
	Aggregated information -Aggregated volume -Price	63,358 £1.990
	Date of the transaction	2022-06-27
	Place of the transaction	XLON

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 43,073
	Aggregated information -Aggregated volume -Price	43,073 Nil
	Date of the transaction	2022-06-27
	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) £1.990 20,846
	Aggregated information -Aggregated volume -Price	20,846 £1.990
	Date of the transaction	2022-06-27
	Place of the transaction	XLON

LEI: 254900TWUJUQ44TQJY84

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

 

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