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M&G PLC (MNG)

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Tuesday 02 June, 2020

M&G PLC

Director/PDMR Shareholding

RNS Number : 7037O
M&G PLC
02 June 2020
 

M&G plc NEWS RELEASE
2 June 2020

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

M&G plc (the "Company") announces changes to the interests of certain PDMRs following the payment of the interim and special dividend of 15.77p per share on 29 May 2020. Certain PDMRs acquired shares in the Company following the reinvestment of these dividends. In addition, dividend equivalents also accrued on awards made to PDMRs under deferred incentive plans and long term incentive plans. 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, 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

 

 


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)

£1.4816

149

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

149

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Annual Incentive Plan

d.  Prudential Long Term Incentive Plan  

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

11,541

b.

£1.391

50,180

c.

£1.391

46,452

d.

£1.391

115,640

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

223,813

 

£1.391

e)

Date of the transaction

2020-05-29

f)

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

 

 


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)

149

£1.4816

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

149

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Group Deferred Bonus Plan  

d.  Prudential Long Term Incentive Plan  

e.  Prudential Restricted Stock Plan  

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

14,833

b.

£1.391

125,452

c.

£1.391

8,385

d.

£1.391

101,145

e.

£1.391

3,203

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

253,018

 

£1.391

e)

Date of the transaction

2020-05-29

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)

£1.4816

149

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

149

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Group Deferred Bonus Plan  

d.  Prudential Long Term Incentive Plan  

e.  Prudential Restricted Stock Plan  

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

19,118

b.

£1.391

83,634

c.

£1.391

53,221

d.

£1.391

109,286

e.

£1.391

3,203

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

268,462


£1.391

e)

Date of the transaction

2020-05-29

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)

£1.4816

97

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

97

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Annual Incentive Plan

d.  Prudential Long Term Incentive Plan  

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

52,071

b.

£1.391

244,722

c.

£1.391

48,594

d.

£1.391

215,809

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

561,196


£1.391

e)

Date of the transaction

2020-05-29

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)

£1.4816

97

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

97

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Group Deferred Bonus Plan

d.  Prudential Long Term Incentive Plan  

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

6,670

b.

£1.391

72,229

c.

£1.391

7,459

d.

£1.391

53,501

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

139,859

 

£1.391

e)

Date of the transaction

2020-05-29

f)

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

 

 


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)

£1.4816

97

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

97

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Group Deferred Bonus Plan

d.  Prudential Long Term Incentive Plan

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

5,863

b.

£1.391

64,626

c.

£1.391

17,011

d.

£1.391

33,015

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

120,515

£1.391

e)

Date of the transaction

2020-05-29

f)

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

 

 


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)

£1.4816

97

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

97

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Group Deferred Bonus Plan

d.  Prudential Long Term Incentive Plan  

e.  Prudential Restricted Stock Plan  

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

7,321

b.

£1.391

63,866

c.

£1.391

6,131

d.

£1.391

65,121

e.

£1.391

3,203

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

145,642

£1.391

e)

Date of the transaction

2020-05-29

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

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)

£1.4816

149

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

149

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Annual Incentive Plan

d.  Prudential Long Term Incentive Plan  

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

8,809

b.

£1.391

79,833

c.

£1.391

34,762

d.

£1.391

92,553

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

215,957


£1.391

e)

Date of the transaction

2020-05-29

f)

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

 

 


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)

£1.4816

97

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

97

 

£1.4816

e)

Date of the transaction

2020-05-29

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 Group Deferred Bonus Plan

d.  Prudential Long Term Incentive Plan  

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.

£1.391

7,771

b.

£1.391

68,428

c.

£1.391

7,712

d.

£1.391

68,463

d)

Aggregated information

 

-Aggregated volume

 

-Price



152,374

£1.391

e)

Date of the transaction

2020-05-29

f)

Place of the transaction

Outside a trading venue

 

 

LEI: 254900TWUJUQ44TQJY84

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


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 [email protected] or visit www.rns.com.
 
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