Board/Management Information • Oct 10, 2022
Board/Management Information
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RNS Number : 2565C
M&G PLC
10 October 2022
M&G plc NEWS RELEASE
10 October 2022
M&G plc
M&G Chairman and CEO make share purchase
Further to the Company's announcement of 29 September 2022, Andrea Rossi has today joined the Company as CEO and Executive Director.
Mr. Rossi purchased 175,000 ordinary shares of 5 pence each on 7 October 2022.
Edward Braham, Chair, purchased 95,000 ordinary shares of 5 pence each on 7 October 2022.
The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
Contact
Alan Porter, General Counsel and Company Secretary - 020 8162 4064
George Bayer, Deputy Company Secretary PLC & Governance- 020 8162 2655
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrea Rossi
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
Purchase of shares
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £1.675 | 175,000 |
Aggregated information
-Aggregated volume
-Price
175,000
£1.675
Date of the transaction
2022-10-07
Place of the transaction
XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Edward Braham
2
Reason for the notification
a)
Position/status
Chairman
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
Purchase of shares
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £1.668 | 95,000 |
Aggregated information
-Aggregated volume
-Price
95,000
£1.668
Date of the transaction
2022-10-07
Place of the transaction
XLON
LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
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