Director/PDMR Shareholding

M&G PLC

08 November 2023

 

M&G plc NEWS RELEASE
08 November 2023

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 6.5 pence per share on 3 November 2023.

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 equivalent shares in the Company accrued on awards made to PDMRs under the deferred incentive and long term incentive share plans. These dividend equivalent shares are subject to the same terms (including the vesting date, and where applicable, performance conditions and holding period) as the original award on which they accrued.

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

Contact

Christopher Smyth, Deputy Company Secretary - PLC and Governance - 020 8162 0527

Sharna Ludlow, Senior Assistant Company Secretary - 020 8162 0611

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clive Bolton
2	Reason for the notification
a)	Position/status	Chief Executive Officer, M&G Life
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 equivalent shares in respect of awards under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.003 14,679
d)	Aggregated information -Aggregated volume -Price	14,679 £2.003
e)	Date of the transaction	2023-11-03
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 and 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 equivalent shares 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. £2.003 8,738 b. £2.003 28,149
d)	Aggregated information -Aggregated volume -Price	36,887 £2.003
e)	Date of the transaction	2023-11-03
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charlotte Heiss
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 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) £2.039 7
d)	Aggregated information -Aggregated volume -Price	7 £2.039
e)	Date of the transaction	2023-11-03
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matthew Howells
2	Reason for the notification
a)	Position/status	Chief People 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) £2.039 155
d)	Aggregated information -Aggregated volume -Price	155 £2.039
e)	Date of the transaction	2023-11-03
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 equivalent shares 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. £2.003 4,421 b. £2.003 31,152
d)	Aggregated information -Aggregated volume -Price	35,573 £2.003
e)	Date of the transaction	2023-11-03
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benoît Macé
2	Reason for the notification
a)	Position/status	Chief Strategy and Transformation 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 equivalent shares 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. £2.003 685 b. £2.003 10,507
d)	Aggregated information -Aggregated volume -Price	11,192 £2.003
e)	Date of the transaction	2023-11-03
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 equivalent shares 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. £2.003 3,832 b. £2.003 45,914
d)	Aggregated information -Aggregated volume -Price	49,746 £2.003
e)	Date of the transaction	2023-11-03
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joseph Pinto
2	Reason for the notification
a)	Position/status	Chief Executive Officer, M&G Asset Management
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 equivalent shares 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. £2.003 6,233 b. £2.003 27,521
d)	Aggregated information -Aggregated volume -Price	33,754 £2.003
e)	Date of the transaction	2023-11-03
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrea Rossi
2	Reason for the notification
a)	Position/status	Group 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	Accrual of dividend equivalent shares 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. £2.003 2,230 b. £2.003 38,309
d)	Aggregated information -Aggregated volume -Price	40,539 £2.003
e)	Date of the transaction	2023-11-03
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Louise Shield
2	Reason for the notification
a)	Position/status	Corporate Affairs Director
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 equivalent shares 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. £2.003 5,460 b. £2.003 3,502
d)	Aggregated information -Aggregated volume -Price	8,962 £2.003
e)	Date of the transaction	2023-11-03
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