Director/PDMR Shareholding

RNS Number : 5966B

M&G PLC

03 October 2022

 

M&G plc NEWS RELEASE
3 October 2022

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)

M&G plc (the 'Company') announces changes to the interests of certain PDMRs following the payment of an interim dividend of 6.2 pence per share on 29 September 2022.

Certain PDMRs acquired shares in the Company following the reinvestment of these dividends as an automatic part of their participation in the M&G Share Incentive Plan.

In addition, dividend equivalents also accrued on awards made to PDMRs under the M&G Deferred Incentive Plan, the M&G Performance Share Plan, the Prudential Replacement Restricted Stock Plan and the Prudential Replacement Long Term Incentive Plan. These dividend equivalents are subject to the same terms (including the vesting date, and where applicable, performance conditions and holding period) as the original award.

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, Deputy Company Secretary - PLC & Governance - 020 8162 2655

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 & 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6457 204
d)	Aggregated information -Aggregated volume -Price	204 £1.6457
e)	Date of the transaction	2022-09-29
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	Accrual of dividend equivalents in respect of awards under the following plans: a.  M&G Deferred Incentive Plan b.  M&G Performance Share Plan c.  Prudential Restricted Stock Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 19,362 b. £1.7792 95,460 c. £1.7792 870
d)	Aggregated information -Aggregated volume -Price	115,692 £1.7792
e)	Date of the transaction	2022-09-29
f)	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 GB00BKFB1C65
b)	Nature of the transaction	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6457 204
d)	Aggregated information -Aggregated volume -Price	204 £1.6457
e)	Date of the transaction	2022-09-29
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	Accrual of dividend equivalents in respect of awards under the following plans: a.  M&G Deferred Incentive Plan b.  M&G Performance Share Plan c.  Prudential Long Term Incentive Plan  d.  Prudential Restricted Stock Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 21,907 b. £1.7792 63,640 c. £1.7792 2,921 d. £1.7792 870
d)	Aggregated information -Aggregated volume -Price	89,338 £1.7792
e)	Date of the transaction	2022-09-29
f)	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 GB00BKFB1C65
b)	Nature of the transaction	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6457 46
d)	Aggregated information -Aggregated volume -Price	46 £1.6457
e)	Date of the transaction	2022-09-29
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	Accrual of dividend equivalents in respect of awards under the following plans: a.  M&G Deferred Incentive Plan b.  M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 48,071 b. £1.7792 184,502
d)	Aggregated information -Aggregated volume -Price	232,573 £1.7792
e)	Date of the transaction	2022-09-29
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Grewal
2	Reason for the notification
a)	Position/status	Group Chief Risk & Compliance 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	Accrual of dividend equivalents in respect of awards under the following plans: a.  M&G Deferred Incentive Plan b.  M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 5,163 b. £1.7792 22,703
d)	Aggregated information -Aggregated volume -Price	27,866 £1.7792
e)	Date of the transaction	2022-09-29
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matt Howells
2	Reason for the notification
a)	Position/status	Chief People & Corporate Affairs 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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6457 113
d)	Aggregated information -Aggregated volume -Price	113 £1.6457
e)	Date of the transaction	2022-09-29
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	Accrual of dividend equivalents in respect of awards under the following plans: a.  M&G Deferred Incentive Plan b.  M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 2,091 b. £1.7792 21,655
d)	Aggregated information -Aggregated volume -Price	23,746 £1.7792
e)	Date of the transaction	2022-09-29
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kathryn McLeland
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 GB00BKFB1C65
b)	Nature of the transaction	Accrual of dividend equivalents in respect of awards under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.7792 22,435
d)	Aggregated information -Aggregated volume -Price	22,435 £1.7792
e)	Date of the transaction	2022-09-29
f)	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 GB00BKFB1C65
b)	Nature of the transaction	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6457 46
d)	Aggregated information -Aggregated volume -Price	46 £1.6457
e)	Date of the transaction	2022-09-29
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	Accrual of dividend equivalents in respect of awards under the following plans: a.  M&G Deferred Incentive Plan b.  M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 8,765 b. £1.7792 54,454
d)	Aggregated information -Aggregated volume -Price	63,219 £1.7792
e)	Date of the transaction	2022-09-29
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Vanessa Murden
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 GB00BKFB1C65
b)	Nature of the transaction	Accrual of dividend equivalents in respect of awards under the following plans: a.  M&G Deferred Incentive Plan b.  M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 3,178 b. £1.7792 15,980
d)	Aggregated information -Aggregated volume -Price	19,158 £1.7792
e)	Date of the transaction	2022-09-29
f)	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	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 GB00BKFB1C65
b)	Nature of the transaction	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6457 204
d)	Aggregated information -Aggregated volume -Price	204 £1.6457
e)	Date of the transaction	2022-09-29
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	Accrual of dividend equivalents in respect of awards under the following plans: c.  M&G Deferred Incentive Plan d.  M&G Performance Share Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £1.7792 10,276 b. £1.7792 60,186
d)	Aggregated information -Aggregated volume -Price	70,462 £1.7792
e)	Date of the transaction	2022-09-29
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Catherine Ross
2	Reason for the notification
a)	Position/status	Head of Private Credit
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	Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6457 46
d)	Aggregated information -Aggregated volume -Price	46 £1.6457
e)	Date of the transaction	2022-09-29
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	Accrual of dividend equivalents in respect of awards under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.7792 5,216
d)	Aggregated information -Aggregated volume -Price	5,216 £1.7792
e)	Date of the transaction	2022-09-29
f)	Place of the transaction	Outside a trading venue

LEI: 254900TWUJUQ44TQJY84

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

 

END

 

 

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