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
|
|||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
|||||||||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||||||||
|
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
|
|||||||||||||||
|
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) |
|
|||||||||||||||
|
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
|
||||||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||
|
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
|
||||||||||||||||||
|
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) |
|
||||||||||||||||||
|
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
|
||||||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||
|
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
|
||||||||||||||||||
|
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) |
|
||||||||||||||||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
268,462
|
||||||||||||||||||
|
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
|
|||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
|||||||||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||||||||
|
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
|
|||||||||||||||
|
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) |
|
|||||||||||||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
561,196
|
|||||||||||||||
|
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
|
|||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
|||||||||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||||||||
|
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
|
|||||||||||||||
|
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) |
|
|||||||||||||||
|
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
|
|||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
|||||||||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||||||||
|
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
|
|||||||||||||||
|
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) |
|
|||||||||||||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
120,515 |
|||||||||||||||
|
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
|
||||||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||
|
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
|
||||||||||||||||||
|
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) |
|
||||||||||||||||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
145,642 |
||||||||||||||||||
|
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
|
|||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
|||||||||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||||||||
|
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
|
|||||||||||||||
|
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) |
|
|||||||||||||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
215,957
|
|||||||||||||||
|
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
|
|||||||||||||||
|
b) |
Nature of the transaction |
Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan
|
|||||||||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||||||||
|
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
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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
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
-Aggregated volume
-Price |
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e) |
Date of the transaction |
2020-05-29 |
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f) |
Place of the transaction |
Outside a trading venue |
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LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
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