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Man Group PLC — Director's Dealing 2023
Mar 14, 2023
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Director's Dealing
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RNS Number : 9483S
Man Group plc
14 March 2023
Man Group plc
Man Group plc (the "Company") announces that, on 9 March 2023, ordinary shares of 3 3/7 US cents each were acquired by the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs"), pursuant to the vesting of conditional awards and the exercise of nil cost options granted under the Company's incentive plans.
Following such exercise or vesting, certain PDMRs immediately sold shares as detailed below at a price of 285.80 pence per share.
| Name | Role | Form of Award | Shares acquired under Award(s) / Option(s) | Total number of shares sold | Retained beneficial holding after sale |
| Luke Ellis | Chief Executive Officer | Nil cost option | 290,295 | 712,901 | - |
| Conditional award | 422,606 | ||||
| Antoine Forterre | Chief Financial Officer & Chief Operating Officer | Nil cost option | 151,428 | 71,329 | 80,099 |
| Eric Burl | Head of Discretionary | Nil cost option | 857,978 | 857,978 | - |
| Steven Desmyter | Global Head of Sales & Marketing | Conditional award | 903,177 | 903,177 | - |
| Robyn Grew | President | Nil cost option | 994,998 | 417,901 | 577,097 |
| Mark Jones | Deputy Chief Executive Officer | Nil cost option | 368,062 | 268,979 | 302,057 |
| Conditional award | 202,974 |
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Enquiries:
Karan Shirgaokar
Head of Investor Relations
+44 20 7144 1434
Georgiana Brunner
Head of Communications
+44 20 7144 1239
Elizabeth Woods
Company Secretary
+44 20 7144 1733
Neil Doyle
FTI Consulting
+44 20 7197 8220
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Luke Ellis
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
2549003YWC1DW6LALB09
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Acquisition of 422,606 shares pursuant to the vesting of a share award.
Acquisition of 290,295 shares pursuant to the exercise of nil cost share options.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 422,606 |
| nil | 290,295 |
d)
Aggregated information
| Price(s) | Volume(s) |
| nil | 712,901 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
4(ii)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Sale of shares, including those to cover tax liabilities.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 285.80 | 712,901 |
d)
Aggregated information
| 285.80 | 712,901 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Antoine Forterre
2
Reason for the notification
a)
Position/status
Chief Financial Officer & Chief Operating Officer
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
2549003YWC1DW6LALB09
4(i)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Acquisition of 151,428 shares pursuant to the exercise of nil cost share options.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 151,428 |
d)
Aggregated information
| Price(s) | Volume(s) |
| nil | 151,428 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
4(ii)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Sale of shares to cover tax liabilities.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 285.80 | 71,329 |
d)
Aggregated information
| 285.80 | 71,329 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Eric Burl
2
Reason for the notification
a)
Position/status
Head of Discretionary
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
2549003YWC1DW6LALB09
4(i)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Acquisition of 857,978 shares pursuant to the exercise of nil cost share options.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 857,978 |
d)
Aggregated information
| Price(s) | Volume(s) |
| nil | 857,978 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
4(ii)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Sale of shares, including those to cover tax liabilities.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 285.80 | 857,978 |
d)
Aggregated information
| 285.80 | 857,978 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Steven Desmyter
2
Reason for the notification
a)
Position/status
Global Head of Sales & Marketing
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
2549003YWC1DW6LALB09
4(i)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Acquisition of 903,177 shares pursuant to the vesting of a share award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 903,177 |
d)
Aggregated information
| Price(s) | Volume(s) |
| nil | 903,177 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
4(ii)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Sale of shares, including those to cover tax liabilities.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 285.80 | 903,177 |
d)
Aggregated information
| 285.80 | 903,177 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Robyn Grew
2
Reason for the notification
a)
Position/status
President
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
2549003YWC1DW6LALB09
4(i)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Acquisition of 994,998 shares pursuant to the exercise of nil cost share options.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 994,998 |
d)
Aggregated information
| Price(s) | Volume(s) |
| nil | 994,998 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
4(ii)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Sale of shares to cover tax liabilities.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 285.80 | 417,901 |
d)
Aggregated information
| 285.80 | 417,901 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Jones
2
Reason for the notification
a)
Position/status
Deputy Chief Executive Officer
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
2549003YWC1DW6LALB09
4(i)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Acquisition of 202,974 shares pursuant to the vesting of a share award.
Acquisition of 368,062 shares pursuant to the exercise of nil cost share options.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 202,974 |
| nil | 368,062 |
d)
Aggregated information
| Price(s) | Volume(s) |
| nil | 571,036 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
4(ii)
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
JE00BJ1DLW90
b)
Nature of the transaction
Sale of shares to cover tax liabilities.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 285.80 | 268,979 |
d)
Aggregated information
| 285.80 | 268,979 |
e)
Date of the transaction
2023-03-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
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