M&G PLC

Director's Dealing • Oct 5, 2020

National Storage Mechanism | Additional information

RNS Number : 1039B

M&G PLC

05 October 2020

M&G plc NEWS RELEASE

5 October 2020

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

M&G plc (the "Company") announces changes to the interests of certain PDMRs following the payment of an interim dividend of 6.00 pence per share on 30 September 2020. Certain PDMRs acquired shares in the Company following the reinvestment of these dividends. 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, Group General Counsel and Company Secretary - 0203 977 4064

Helen Archbold, Head of Secretariat - 0203 977 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)
£1.575582	81

d)

Aggregated information

-Aggregated volume

-Price

81

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	4,367
b.	£1.557	18,990
c.	£1.557	17,579
d.	£1.557	43,762

d)

Aggregated information

-Aggregated volume

-Price

84,698

£1.557

e)

Date of the transaction

2020-09-30

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)
£1.575582	81

d)

Aggregated information

-Aggregated volume

-Price

81

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	5,613
b.	£1.557	47,476
c.	£1.557	3,173
d.	£1.557	38,276
e.	£1.557	1,211

d)

Aggregated information

-Aggregated volume

-Price

95,749

£1.557

e)

Date of the transaction

2020-09-30

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)
£1.575582	81

d)

Aggregated information

-Aggregated volume

-Price

81

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	7,235
b.	£1.557	31,650
c.	£1.557	20,141
d.	£1.557	41,357
e.	£1.557	1,211

d)

Aggregated information

-Aggregated volume

-Price

101,594

£1.557

e)

Date of the transaction

2020-09-30

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)
£1.575582	39

d)

Aggregated information

-Aggregated volume

-Price

39

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	19,705
b.	£1.557	92,613
c.	£1.557	18,389
d.	£1.557	81,671

d)

Aggregated information

-Aggregated volume

-Price

212,378

£1.557

e)

Date of the transaction

2020-09-30

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)
£1.575582	39

d)

Aggregated information

-Aggregated volume

-Price

39

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	2,524
b.	£1.557	27,334
c.	£1.557	2,823
d.	£1.557	14,484

d)

Aggregated information

-Aggregated volume

-Price

47,165

£1.557

e)

Date of the transaction

2020-09-30

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)
£1.575582	39

d)

Aggregated information

-Aggregated volume

-Price

39

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	2,218
b.	£1.557	24,457
c.	£1.557	6,437
d.	£1.557	12,494

d)

Aggregated information

-Aggregated volume

-Price

45,606

£1.557

e)

Date of the transaction

2020-09-30

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)
£1.575582	39

d)

Aggregated information

-Aggregated volume

-Price

39

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	2,770
b.	£1.557	24,169
c.	£1.557	2,320
d.	£1.557	24,644
e.	£1.557	1,211

d)

Aggregated information

-Aggregated volume

-Price

55,114

£1.557

e)

Date of the transaction

2020-09-30

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

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

Acquisition of shares through reinvested dividends under the M&G Share Incentive Plan

c)

Price(s) and volume(s)

Price (s)	Volume (s)
£1.575582	81

d)

Aggregated information

-Aggregated volume

-Price

81

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	3,334
b.	£1.557	30,212
c.	£1.557	13,154
d.	£1.557	35,025

d)

Aggregated information

-Aggregated volume

-Price

81,725

£1.557

e)

Date of the transaction

2020-09-30

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Roddy Thomson

2

Reason for the notification

a)

Position/status

Chief Operating 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)
£1.575582	39

d)

Aggregated information

-Aggregated volume

-Price

39

£1.575582

e)

Date of the transaction

2020-09-30

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.	£1.557	2,940
b.	£1.557	25,896
c.	£1.557	2,917
d.	£1.557	25,908

d)

Aggregated information

-Aggregated volume

-Price

57,661

£1.557

e)

Date of the transaction

2020-09-30

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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