M&G PLC

Director's Dealing • Jun 2, 2020

National Storage Mechanism | Additional information

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.

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