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M&G PLC
Director's Dealing • Sep 30, 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 6166N
M&G PLC
30 September 2021
M&G plc NEWS RELEASE
30 September 2021
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)
M&G plc (the 'Company') announces the below changes to the interests of certain PDMRs.
Following the payment of an interim dividend of 6.1 pence per share on 29 September 2021, certain PDMRs acquired shares in the Company following the reinvestment of dividends as an automatic part of their participation in the M&G Share Incentive Plan.
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, General Counsel and Company Secretary - 020 8162 4064
Helen Archbold, Head of Secretariat - 020 8162 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) |
| £2.0368 | 112 |
d)
Aggregated information
-Aggregated volume
-Price
112
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 6,106 |
| b. | £2.051 | 23,312 |
| c. | £2.051 | 9,552 |
| d. | £2.051 | 19,675 |
d)
Aggregated information
-Aggregated volume
-Price
58,645
£2.051
e)
Date of the transaction
2021-09-29
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) |
| £2.0368 | 112 |
d)
Aggregated information
-Aggregated volume
-Price
112
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 10,113 |
| b. | £2.051 | 58,281 |
| c. | £2.051 | 1,495 |
| d. | £2.051 | 25,392 |
| e. | £2.051 | 1,027 |
d)
Aggregated information
-Aggregated volume
-Price
96,308
£2.051
e)
Date of the transaction
2021-09-29
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) |
| £2.0368 | 112 |
d)
Aggregated information
-Aggregated volume
-Price
112
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 11,664 |
| b. | £2.051 | 38,854 |
| c. | £2.051 | 3,987 |
| d. | £2.051 | 19,252 |
| e. | £2.051 | 1,027 |
d)
Aggregated information
-Aggregated volume
-Price
74,784
£2.051
e)
Date of the transaction
2021-09-29
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) |
| £2.0368 | 33 |
d)
Aggregated information
-Aggregated volume
-Price
33
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 27,152 |
| b. | £2.051 | 113,692 |
| c. | £2.051 | 7,882 |
| d. | £2.051 | 39,908 |
d)
Aggregated information
-Aggregated volume
-Price
188,634
£2.051
e)
Date of the transaction
2021-09-29
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter Grewal
2
Reason for the notification
a)
Position/status
Group Chief Risk & Resilience 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
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)
Price(s) and volume(s)
| Item | Price (s) | Volume (s) |
| a. | £2.051 | 2,153 |
| b. | £2.051 | 14,086 |
d)
Aggregated information
-Aggregated volume
-Price
16,239
£2.051
e)
Date of the transaction
2021-09-29
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Matt Howells
2
Reason for the notification
a)
Position/status
Chief of Staff
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) |
| £2.0368 | 45 |
d)
Aggregated information
-Aggregated volume
-Price
45
£2.0368
e)
Date of the transaction
2021-09-29
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 M&G Performance Share Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £2.051 | 9,406 |
d)
Aggregated information
-Aggregated volume
-Price
9,406
£2.051
e)
Date of the transaction
2021-09-29
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) |
| £2.0368 | 33 |
d)
Aggregated information
-Aggregated volume
-Price
33
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 4,528 |
| b. | £2.051 | 33,555 |
| c. | £2.051 | 1,306 |
| d. | £2.051 | 6,647 |
d)
Aggregated information
-Aggregated volume
-Price
46,036
£2.051
e)
Date of the transaction
2021-09-29
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) |
| £2.0368 | 33 |
d)
Aggregated information
-Aggregated volume
-Price
33
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 4,017 |
| b. | £2.051 | 30,023 |
| c. | £2.051 | 687 |
| d. | £2.051 | 10,593 |
d)
Aggregated information
-Aggregated volume
-Price
45,320
£2.051
e)
Date of the transaction
2021-09-29
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) |
| £2.0368 | 33 |
d)
Aggregated information
-Aggregated volume
-Price
33
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 4,460 |
| b. | £2.051 | 29,670 |
| c. | £2.051 | 996 |
| d. | £2.051 | 16,012 |
| e. | £2.051 | 1,027 |
d)
Aggregated information
-Aggregated volume
-Price
52,165
£2.051
e)
Date of the transaction
2021-09-29
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
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) |
| £2.0368 | 112 |
d)
Aggregated information
-Aggregated volume
-Price
112
£2.0368
e)
Date of the transaction
2021-09-29
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. | £2.051 | 5,465 |
| b. | £2.051 | 37,088 |
| c. | £2.051 | 7,062 |
| d. | £2.051 | 15,754 |
d)
Aggregated information
-Aggregated volume
-Price
65,369
£2.051
e)
Date of the transaction
2021-09-29
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Catherine Ross
2
Reason for the notification
a)
Position/status
Culture Lead and Co-Head Private Credit
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) |
| £2.0368 | 33 |
d)
Aggregated information
-Aggregated volume
-Price
33
£2.0368
e)
Date of the transaction
2021-09-29
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 M&G Deferred Incentive Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £2.051 | 3,200 |
d)
Aggregated information
-Aggregated volume
-Price
3,200
£2.051
e)
Date of the transaction
2021-09-29
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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