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M&G PLC
Remuneration Information • Apr 4, 2024
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 3882J
M&G PLC
04 April 2024
M&G plc NEWS RELEASE
4 April 2024
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')
Vest of Awards under the M&G plc Deferred Incentive Plan ('DIP') and the M&G plc Performance Share Plan ('PSP')
On 31 March 2024, Recruitment Awards granted in March 2023 to Louise Shield vested subject to subsequent holding periods as set out below.
On 1 April 2024, an Award granted in April 2021 to Matthew Howells vested subject to a subsequent two-year holding period as set out below.
The PSP awards for Mr. Howells and Ms. Shield were all subject to performance conditions.
Summary:
| Name | Number of shares vested and into holding period under the DIP | Holding period end | Number of shares vested and into holding period under the PSP | Holding period end | |
| Matthew Howells | n/a | n/a | 250,964 | 1 April 2026 | |
| Louise Shield | 15,533 | 31 March 2025 | n/a | n/a | |
| n/a | n/a | 50,129 | 31 March 2025 | ||
| n/a | n/a | 50,129 | 31 March 2026 | ||
| n/a | n/a | 25,882 | 31 March 2027 |
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
Contact
Christopher Smyth, Director of Secretariat - 020 8162 0527
Sharna Ludlow, Head of Share Plans and Share Registration - 020 8162 0611
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
a. Vest of a nil-cost option award under the PSP into a two year holding period
c)
Price(s) and volume(s)
| Item | Price (s) | Volume (s) |
| a. | Nil | 250,964 |
Aggregated information
-Aggregated volume
-Price
250,964
Nil
Date of the transaction
2024-04-01
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Louise Shield
2
Reason for the notification
a)
Position/status
Corporate Affairs Director
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
a. Vest of a conditional award under the DIP into a one year holding period
b. Vest of a nil-cost option award under the PSP into a one year holding period
c. Vest of a nil-cost option award under the PSP into a two year holding period
d. Vest of a nil-cost option award under the PSP into a three year holding period
c)
Price(s) and volume(s)
| Item | Price (s) | Volume (s) |
| a. | Nil | 15,533 |
| b. | Nil | 50,129 |
| c. | Nil | 50,129 |
| d. | Nil | 25,882 |
Aggregated information
-Aggregated volume
-Price
141,673
Nil
Date of the transaction
2024-03-31
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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