Director/PDMR Shareholding

RNS Number : 2735Q

M&G PLC

17 June 2020

 

M&G plc NEWS RELEASE
17 June 2020

M&G plc

Notification of transaction by Person Discharging Managerial Responsibilities (PDMR)

M&G plc (the "Company") announces that on 16 June 2020, M&G plc shares ("Shares") were released to David Macmillan in accordance with the replacement award granted to him under the 2017 Prudential Long Term Incentive Plan on 27 November 2019. Shares were sold to cover Mr Macmillan's tax liabilities and sales costs and Mr Macmillan retained the balance of the Shares.  

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	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	Vesting of shares under the Prudential Long Term Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6136 149,545
	Aggregated information -Aggregated volume -Price	149,545 £1.6136
	Date of the transaction	2020-06-16
	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	Sale of shares under the Prudential Long Term Incentive Plan to cover applicable withholding tax and other deductions
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.6136 71,998
	Aggregated information -Aggregated volume -Price	71,998 £1.6136
	Date of the transaction	2020-06-16
	Place of the transaction	XLON

LEI: 213800YOEO5OQ72G2R82

Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.

 

END

 

 

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