Director/PDMR Shareholding

RNS Number : 9417E

M&G PLC

01 November 2022

 

M&G plc NEWS RELEASE
1 November 2022

M&G plc

Notification of transaction by Person Discharging Managerial Responsibilities ('PDMR')

M&G plc announces that on the 31 October 2022 Vanessa Murden, Chief Operating Officer, exercised her option of shares in accordance with the replacement award granted under the M&G Performance Share Plan on 16 June 2022. This award originally vested on 23 June 2022 and became available on 6 September 2022.

Shares were sold to cover Ms Murden's tax liabilities and sale costs and she 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	Vanessa Murden
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	Vesting of a nil-cost option under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £2.1357 14,894
	Aggregated information -Aggregated volume -Price	14,894 £2.1357
	Date of the transaction	2022-06-23
	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 M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £1.7581 7,208
	Aggregated information -Aggregated volume -Price	7,208 £1.7581
	Date of the transaction	2022-10-31
	Place of the transaction	XLON

LEI: 254900TWUJUQ44TQJY84

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

 

END

 

 

DSHFSWFEFEESEIF