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M&G PLC
Director's Dealing • Oct 21, 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 9615I
M&G PLC
21 October 2024
M&G plc NEWS RELEASE
21 October 2024
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)
M&G plc (the 'Company') announces changes to the interests of certain PDMRs following the payment of an interim dividend of 6.6 pence per share on 18 October 2024.
Certain PDMRs accrued dividend equivalent shares in the Company on awards held by them under the deferred incentive and long term incentive share plans. These dividend equivalent shares are subject to the same terms (including the vesting date, and where applicable, performance conditions and holding period) as the original award on which they accrued.
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
Contact
Christopher Smyth, Director of Secretariat - 020 8162 0527
Sharna Ludlow, Head of Share Plans and Share Registration - 020 8162 0611
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Clive Bolton
2
Reason for the notification
a)
Position/status
Chief Executive Officer, M&G Life
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 equivalent shares 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. | £2.059 | 762 |
| b. | £2.059 | 20,387 |
d)
Aggregated information
-Aggregated volume
-Price
21,149
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Chris Cochrane
2
Reason for the notification
a)
Position/status
Chief Information Technology 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 equivalent shares 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. | £2.059 | 3,093 |
| b. | £2.059 | 11,699 |
d)
Aggregated information
-Aggregated volume
-Price
14,792
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Louise Gelling
2
Reason for the notification
a)
Position/status
Interim Group Chief Risk and Compliance 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 equivalent shares 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. | £2.059 | 5,084 |
| b. | £2.059 | 16,014 |
d)
Aggregated information
-Aggregated volume
-Price
21,098
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Charlotte Heiss
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
Accrual of dividend equivalent shares 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. | £2.059 | 1,495 |
| b. | £2.059 | 18,327 |
d)
Aggregated information
-Aggregated volume
-Price
19,822
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Matthew Howells
2
Reason for the notification
a)
Position/status
Chief People 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 equivalent shares 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. | £2.059 | 8,258 |
| b. | £2.059 | 43,611 |
d)
Aggregated information
-Aggregated volume
-Price
51,869
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Benoît Macé
2
Reason for the notification
a)
Position/status
Chief Strategy and Transformation 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 equivalent shares 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. | £2.059 | 3,699 |
| b. | £2.059 | 20,434 |
d)
Aggregated information
-Aggregated volume
-Price
24,133
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Kathryn McLeland
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
Accrual of dividend equivalent shares 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. | £2.059 | 11,699 |
| b. | £2.059 | 69,488 |
d)
Aggregated information
-Aggregated volume
-Price
81,187
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Joseph Pinto
2
Reason for the notification
a)
Position/status
Chief Executive Officer, M&G Asset Management
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 equivalent shares 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. | £2.059 | 12,124 |
| b. | £2.059 | 41,699 |
d)
Aggregated information
-Aggregated volume
-Price
53,823
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrea Rossi
2
Reason for the notification
a)
Position/status
Group 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
Accrual of dividend equivalent shares 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. | £2.059 | 15,055 |
| b. | £2.059 | 74,501 |
d)
Aggregated information
-Aggregated volume
-Price
89,556
£2.059
e)
Date of the transaction
2024-10-18
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Louise Shield
2
Reason for the notification
a)
Position/status
Corporate Affairs Director
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 equivalent shares 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. | £2.059 | 6,149 |
| b. | £2.059 | 12,477 |
d)
Aggregated information
-Aggregated volume
-Price
18,626
£2.059
e)
Date of the transaction
2024-10-18
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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