M&G Chairman and CEO make share purchase

RNS Number : 2565C
M&G PLC
10 October 2022
 

M&G plc NEWS RELEASE
10 October 2022

M&G plc

M&G Chairman and CEO make share purchase

Further to the Company's announcement of 29 September 2022, Andrea Rossi has today joined the Company as CEO and Executive Director.

Mr. Rossi purchased 175,000 ordinary shares of  5 pence each on 7 October 2022.

Edward Braham, Chair, purchased 95,000 ordinary shares of  5 pence each on 7 October 2022.

The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provide 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

Andrea Rossi

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

Purchase of shares

c)

Price(s) and volume(s)

Price (s)

Volume (s)

£1.675

175,000


Aggregated information

 

-Aggregated volume

 

-Price

 

 

175,000

£1.675

 


Date of the transaction

2022-10-07


Place of the transaction

XLON

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Edward Braham

2

Reason for the notification

a)

Position/status

Chairman

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

Purchase of shares

c)

Price(s) and volume(s)

Price (s)

Volume (s)

£1.668

95,000


Aggregated information

 

-Aggregated volume

 

-Price

 

 

95,000

 

£1.668


Date of the transaction

2022-10-07


Place of the transaction

XLON

 

 

LEI: 254900TWUJUQ44TQJY84

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

 

 

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