Director's Dealing • Dec 17, 2019
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 1684X
M&G PLC
17 December 2019
M&G plc NEWS RELEASE
17 December 2019
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
M&G plc announces that on 16 December 2019, M&G plc shares (shares) were released to Jonathan Daniels in accordance with the replacement award granted to him under the 2017 PruCap Deferred Bonus Plan on 27 November 2019. Shares were sold to cover Mr Daniels' tax liabilities and sales costs and Mr Daniels retained the balance of the shares.
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
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
Vesting of shares under the PruCap Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £2.4615 | 438,013 |
d)
Aggregated information
-Aggregated volume
-Price
438,013
£2.4615
e)
Date of the transaction
2019-12-16
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
Sale of shares under the PruCap Deferred Bonus Plan to cover applicable withholding tax and other deductions
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £2.4615 | 206,499 |
d)
Aggregated information
-Aggregated volume
-Price
206,499
£2.4615
e)
Date of the transaction
2019-12-16
f)
Place of the transaction
XLON
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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