Director's Dealing • Oct 6, 2020
Director's Dealing
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RNS Number : 2305B
M&G PLC
06 October 2020
M&G plc NEWS RELEASE
6 October 2020
M&G plc
Notification of transaction by Person Discharging Managerial Responsibilities (PDMR)
M&G plc announces that on 5 October 2020, M&G plc shares ("Shares") were released to Roddy Thomson in accordance with the replacement award granted to him under the 2017 Prudential Long Term Incentive Plan on 21 September 2017. Shares were sold to cover Mr Thomson's tax liabilities and sales costs and Mr Thomson 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
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
Vesting of shares under the Prudential Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £1.6338 | 162,635 |
Aggregated information
-Aggregated volume
-Price
162,635
£1.6338
Date of the transaction
2020-10-05
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) |
| £1.6338 | 76,669 |
Aggregated information
-Aggregated volume
-Price
76,669
£1.6338
Date of the transaction
2020-10-05
Place of the transaction
XLON
LEI: 213800YOEO5OQ72G2R82
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
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