M&G PLC

Director's Dealing • Jun 17, 2020

National Storage Mechanism | Additional information

RNS Number : 2735Q

M&G PLC

17 June 2020

M&G plc NEWS RELEASE

17 June 2020

M&G plc

Notification of transaction by Person Discharging Managerial Responsibilities (PDMR)

M&G plc (the "Company") announces that on 16 June 2020, M&G plc shares ("Shares") were released to David Macmillan in accordance with the replacement award granted to him under the 2017 Prudential Long Term Incentive Plan on 27 November 2019. Shares were sold to cover Mr Macmillan's tax liabilities and sales costs and Mr Macmillan 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

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

Vesting of shares under the Prudential Long Term Incentive Plan

c)

Price(s) and volume(s)

Price (s)	Volume (s)
£1.6136	149,545

Aggregated information

-Aggregated volume

-Price

149,545

£1.6136

Date of the transaction

2020-06-16

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 Prudential Long Term Incentive Plan to cover applicable withholding tax and other deductions

c)

Price(s) and volume(s)

Price (s)	Volume (s)
£1.6136	71,998

Aggregated information

-Aggregated volume

-Price

71,998

£1.6136

Date of the transaction

2020-06-16

Place of the transaction

XLON

LEI: 213800YOEO5OQ72G2R82

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

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