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REG - M&G PLC - Director/PDMR Shareholding

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RNS Number : 9524O  M&G PLC  17 May 2024

M&G plc NEWS RELEASE

17 May 2024

M&G plc

Notification of transactions by Persons Discharging Managerial
Responsibilities (PDMRs)

M&G plc announces changes to the interests in M&G plc shares for
certain PDMRs.

On 16 May 2024, further to M&G plc's interim dividend payment on 9 May
2024, dividend equivalent shares that had accrued on certain deferred
incentive or long term incentive share plan awards were released to the PDMRs
set out below. The PDMRs retained the balance of shares after deductions to
cover tax liabilities and sale costs.

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

Contact

Christopher Smyth, Director of Secretariat - 020 8162 0527

Sharna Ludlow, Head of Share Plans and Share Registration - 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  Ordinary shares of 5 pence each

         Identification code

                                                                      GB00BKFB1C65
  b)     Nature of the transaction                                    Release of dividend equivalent shares under the M&G Performance Share Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      Nil        9,144
         Aggregated information

         -Aggregated volume                                           9,144

         -Price                                                       Nil
         Date of the transaction                                      2024-05-16
         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  Ordinary shares of 5 pence each

         Identification code

                                                                      GB00BKFB1C65
  b)     Nature of the transaction                                    Sale of shares to cover applicable withholding tax and other deductions
                                                                      arising on release of dividend equivalent shares under the M&G Performance
                                                                      Share Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      £2.069     4,311
         Aggregated information

         -Aggregated volume                                           4,311

         -Price                                                       £2.069
         Date of the transaction                                      2024-05-16
         Place of the transaction                                     XLON

Aggregated information

 

-Aggregated volume

 

-Price

 

 

9,144

 

Nil

Date of the transaction

2024-05-16

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 dividend equivalent shares under the M&G Performance
Share Plan

 

c)

Price(s) and volume(s)

 Price (s)  Volume (s)
 £2.069     4,311

Aggregated information

 

-Aggregated volume

 

-Price

 

 

4,311

 

£2.069

Date of the transaction

2024-05-16

Place of the transaction

XLON

 

 

 

 1       Details of the person discharging managerial responsibilities / person closely
         associated
 a)      Name                                                         Louise Gelling
 2       Reason for the notification
 a)      Position/status                                              Interim 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  Ordinary shares of 5 pence each

         Identification code

GB00BKFB1C65
  b)     Nature of the transaction                                    Release of dividend equivalent shares under the M&G Performance Share Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      Nil        4,960
         Aggregated information

         -Aggregated volume                                           4,960

         -Price                                                       Nil
         Date of the transaction                                      2024-05-16
         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  Ordinary shares of 5 pence each

         Identification code

                                                                      GB00BKFB1C65
  b)     Nature of the transaction                                    Deduction of shares to cover applicable withholding tax and other deductions
                                                                      arising on release of dividend equivalent shares under the M&G Performance
                                                                      Share Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      £2.069     2,332
         Aggregated information

         -Aggregated volume                                           2,332

         -Price                                                       £2.069
         Date of the transaction                                      2024-05-16
         Place of the transaction                                     Outside a trading venue

Aggregated information

 

-Aggregated volume

 

-Price

 

 

4,960

 

Nil

Date of the transaction

2024-05-16

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

Deduction of shares to cover applicable withholding tax and other deductions
arising on release of dividend equivalent shares under the M&G Performance
Share Plan

 

c)

Price(s) and volume(s)

 Price (s)  Volume (s)
 £2.069     2,332

Aggregated information

 

-Aggregated volume

 

-Price

 

 

2,332

 

£2.069

Date of the transaction

2024-05-16

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  Ordinary shares of 5 pence each

         Identification code

                                                                      GB00BKFB1C65
  b)     Nature of the transaction                                    Release of dividend equivalent shares under the M&G Performance Share Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      Nil        9,760
         Aggregated information

         -Aggregated volume                                           9,760

         -Price                                                       Nil
         Date of the transaction                                      2024-05-16
         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  Ordinary shares of 5 pence each

         Identification code

                                                                      GB00BKFB1C65
  b)     Nature of the transaction                                    Sale of shares to cover applicable withholding tax and other deductions
                                                                      arising on release of dividend equivalent shares under the M&G Performance
                                                                      Share Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      £2.069     4,602
         Aggregated information

         -Aggregated volume                                           4,602

         -Price                                                       £2.069
         Date of the transaction                                      2024-05-16
         Place of the transaction                                     XLON

Aggregated information

 

-Aggregated volume

 

-Price

 

 

9,760

 

Nil

Date of the transaction

2024-05-16

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 dividend equivalent shares under the M&G Performance
Share Plan

 

c)

Price(s) and volume(s)

 Price (s)  Volume (s)
 £2.069     4,602

Aggregated information

 

-Aggregated volume

 

-Price

 

 

4,602

 

£2.069

Date of the transaction

2024-05-16

Place of the transaction

XLON

 

 

 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  Ordinary shares of 5 pence each

         Identification code

                                                                      GB00BKFB1C65
  b)     Nature of the transaction                                    Release of dividend equivalent shares under the M&G Deferred Incentive
                                                                      Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      Nil        2,155
         Aggregated information

         -Aggregated volume                                           2,155

                                                                      Nil

         -Price
         Date of the transaction                                      2024-05-16
         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  Ordinary shares of 5 pence each

         Identification code

                                                                      GB00BKFB1C65
  b)     Nature of the transaction                                    Sale of shares to cover applicable withholding tax and other deductions
                                                                      arising on release of dividend equivalent shares under the M&G Deferred
                                                                      Incentive Plan

 c)      Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                      £2.069     1,026
         Aggregated information

         -Aggregated volume                                           1,026

         -Price                                                       £2.069
         Date of the transaction                                      2024-05-16
         Place of the transaction                                     XLON

Aggregated information

 

-Aggregated volume

 

-Price

 

 

2,155

Nil

Date of the transaction

2024-05-16

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 dividend equivalent shares under the M&G Deferred
Incentive Plan

 

c)

Price(s) and volume(s)

 Price (s)  Volume (s)
 £2.069     1,026

Aggregated information

 

-Aggregated volume

 

-Price

 

 

1,026

 

£2.069

Date of the transaction

2024-05-16

Place of the transaction

XLON

 

 

LEI: 254900TWUJUQ44TQJY84

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

 

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