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M&G PLC
Director's Dealing • Jun 28, 2022
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 5082Q
M&G PLC
28 June 2022
M&G plc NEWS RELEASE
28 June 2022
M&G plc
Notification of transaction by Person Discharging Managerial Responsibilities ('PDMR')
M&G plc announces that on the 27 June 2022 shares vested and were released to both John Foley, Chief Executive Officer and Clare Bousfield, Managing Director Retail and Sales, in accordance with the replacement award granted under the Prudential Long Term Incentive Plan on 26 June 2019.
Shares were sold to cover Mr Foley and Ms Bousfield's tax liabilities and sales costs and both Mr Foley and Ms Bousfield retained the balance of shares.
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
Contact
Alan Porter, General Counsel and Company Secretary - 020 8162 4064
George Bayer, Senior Assistant Company Sectary - 020 8162 2655
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
Vesting of a nil-cost conditional award under the Prudential Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| Nil | 130,917 |
Aggregated information
-Aggregated volume
-Price
130,917
Nil
Date of the transaction
2022-06-27
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
Identification code
Ordinary shares of 5 pence each
GB00BKFB1C65
b)
Nature of the transaction
Sale of shares to cover applicable withholding tax and other deductions arising on release of a nil-cost conditional award under the Prudential Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £1.990 | 63,358 |
Aggregated information
-Aggregated volume
-Price
63,358
£1.990
Date of the transaction
2022-06-27
Place of the transaction
XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Clare Bousfield
2
Reason for the notification
a)
Position/status
Managing Director Retail and Savings
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
Vesting of a nil-cost conditional award under the Prudential Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| Nil | 43,073 |
Aggregated information
-Aggregated volume
-Price
43,073
Nil
Date of the transaction
2022-06-27
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
Identification code
Ordinary shares of 5 pence each
GB00BKFB1C65
b)
Nature of the transaction
Sale of shares to cover applicable withholding tax and other deductions arising on release of a nil-cost conditional award under the Prudential Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| £1.990 | 20,846 |
Aggregated information
-Aggregated volume
-Price
20,846
£1.990
Date of the transaction
2022-06-27
Place of the transaction
XLON
LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
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