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Man Group PLC Remuneration Information 2023
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 9480S
Man Group plc
14 March 2023
Man Group plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
Man Group plc (the "Company") announces that, on 10 March 2023, awards or options over ordinary shares of 3 3/7 US cents each were granted under the Group's incentive plans to the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs").
| Name | Role | Form of Award | Shares under Award(s) / Option(s) |
| Luke Ellis | Chief Executive Officer | Conditional award | 969,331 |
| Nil cost option | 252,704 | ||
| Antoine Forterre | Chief Financial Officer & Chief Operating Officer | Conditional award | 576,311 |
| Nil cost option | 281,106 | ||
| Eric Burl | Head of Discretionary | Nil cost option | 267,300 |
| Nil cost option (5yr) | 587,473 | ||
| Steven Desmyter | Global Head of Sales & Marketing | Conditional award (5yr) | 587,473 |
| Robyn Grew | President | Nil cost option | 220,302 |
| Nil cost option (5yr) | 881,210 | ||
| Mark Jones | Deputy Chief Executive Officer | Nil cost option | 475,853 |
Conditional awards have been granted to directors under the Man Group plc 2019 Long Term Incentive Plan and will vest, subject to the satisfaction of performance conditions, three years after grant. Shares subject to vested awards will then be delivered to participants two years later.
Nil-cost options have been granted under the Man Group plc 2019 Deferred Share Plan. Options will become exercisable as to one third on each anniversary of grant and may be exercised up to the tenth anniversary of grant. Additional options, which will become exercisable on the fifth anniversary of grant (or earlier if certain performance hurdles have been met), have been granted to Eric Burl and Robyn Grew and may be exercised up to the tenth anniversary of grant. Options which are held by participants subject to US tax will be exercised automatically as soon as they become exercisable.
A conditional award has been granted under the Man GLG Partners LLP 2019 Partner Deferred Share Plan to Steven Desmyter. Conditional awards will vest, and shares will be delivered on the fifth anniversary of grant (or earlier if certain performance hurdles have been met).
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 (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 | Grant of conditional award over 969,331 shares under the Man Group plc 2019 Long Term Incentive Plan. |
| c) | Price(s) and volume(s) | Prices(s) Volume(s) Nil 969,331 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 2023-03-10 |
| f) | Place of the transaction | Outside a trading venue |
| 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 | Grant of nil cost share option over 252,704 shares under the Man Group plc 2019 Deferred Share Plan. |
| c) | Price(s) and volume(s) | Prices(s) Volume(s) Nil 252,704 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 2023-03-10 |
| f) | Place of the transaction | Outside a trading venue |
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 and 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
Grant of conditional award over 576,311 shares under the Man Group plc 2019 Long Term Incentive Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 576,311 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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
Grant of nil cost share option over 281,106 shares under the Man Group plc 2019 Deferred Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 281,106 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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
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
Grant of nil cost share option over 267,300 shares under the Man Group plc 2019 Deferred Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 267,300 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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
Grant of nil cost share option over 587,473 shares under the Man Group plc 2019 Deferred Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 587,473 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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 and 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
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
Grant of conditional award over 587,473 shares under the Man GLG Partners LLP 2019 Partner Deferred Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 587,473 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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
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
Grant of nil cost share option over 220,302 shares under the Man Group plc 2019 Deferred Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 220,302 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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
Grant of nil cost share option over 881,210 shares under the Man Group plc 2019 Deferred Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 881,210 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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
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
Grant of nil cost share option over 475,853 shares under the Man Group plc 2019 Deferred Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 475,853 |
d)
Aggregated information
N/A
e)
Date of the transaction
2023-03-10
f)
Place of the transaction
Outside a trading venue
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