M&G PLC

Director's Dealing • Apr 28, 2023

National Storage Mechanism | Additional information

RNS Number : 9233X

M&G PLC

28 April 2023

M&G plc NEWS RELEASE

28 April 2023

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)

M&G plc (the 'Company') announces changes to the interests of certain PDMRs following the payment of an interim dividend of 13.4 pence per share on 27 April 2023.

Certain PDMRs acquired shares in the Company following the reinvestment of these dividends as an automatic part of their participation in the M&G Share Incentive Plan.

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, 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

Clare Bousfield

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Retail & 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

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

c)

Price(s) and volume(s)

Price (s)	Volume (s)
£2.030	425

d)

Aggregated information

-Aggregated volume

-Price

425

£2.030

e)

Date of the transaction

2023-04-27

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)

Price(s) and volume(s)

Item	Price (s)	Volume (s)
a.	£2.012	38,297
b.	£2.012	174,070

d)

Aggregated information

-Aggregated volume

-Price

212,367

£2.012

e)

Date of the transaction

2023-04-27

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Grewal

2

Reason for the notification

a)

Position/status

Group Chief Risk and Compliance 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

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)

Price(s) and volume(s)

Item	Price (s)	Volume (s)
a.	£2.012	10,212
b.	£2.012	44,579

d)

Aggregated information

-Aggregated volume

-Price

54,791

£2.012

e)

Date of the transaction

2023-04-27

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matthew Howells

2

Reason for the notification

a)

Position/status

Chief People 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)
£2.030	258

d)

Aggregated information

-Aggregated volume

-Price

£2.030

£258

e)

Date of the transaction

2023-04-27

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)

Price(s) and volume(s)

Item	Price (s)	Volume (s)
a.	£2.012	4,137
b.	£2.012	41,832

d)

Aggregated information

-Aggregated volume

-Price

45,969

£2.012

e)

Date of the transaction

2023-04-27

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kathryn McLeland

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

Accrual of dividend equivalents in respect of awards under the following plans:

a. M&G Performance Share Plan

c)

Price(s) and volume(s)

Item	Price (s)	Volume (s)
a.	£2.012	44,372

d)

Aggregated information

-Aggregated volume

-Price

44,372

£2.012

e)

Date of the transaction

2023-04-27

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)
£2.030	425

d)

Aggregated information

-Aggregated volume

-Price

425

£2.030

e)

Date of the transaction

2023-04-27

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)

Price(s) and volume(s)

Item	Price (s)	Volume (s)
a.	£2.012	20,325
b.	£2.012	109,663

d)

Aggregated information

-Aggregated volume

-Price

129,988

£2.012

e)

Date of the transaction

2023-04-27

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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