Director/PDMR Shareholding

RNS Number : 6702Z

Man Group plc

16 March 2017

 

16 March 2017

Man Group plc

Notification of Transactions of Persons Discharging Managerial Responsibilities

Man Group plc (the "Company") announces that, on 13 March 2017, ordinary shares of 3 ^3/7 US cents each in the Company were acquired by the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs"), pursuant to the vesting of conditional awards and the exercise of nil cost options granted under the Company's incentive plans. 

Following such exercise or vesting, certain PDMRs immediately sold shares as detailed below at a price of 147.5682 pence per share.

Name	Role	Form of Award	Shares acquired under Award(s) / Option(s)	Total number of shares sold	Retained beneficial holding after sale
Luke Ellis	Chief Executive Officer, Man Group plc	Nil cost option	573,194	0	573,194
Mark Jones	Chief Financial Officer, Man Group plc	Conditional award	142,602	0	142,602
Jonathan Sorrell	President, Man Group plc	Conditional award	85,284	40,172	45,112
Robyn Grew	Chief Administrative Officer, Man Group plc	Nil cost option	73,500	85,086	95,786
		Conditional award	107,372
Sandy Rattray	Chief Investment Officer, Man Group plc & Chief Executive Officer, AHL	Conditional award	290,265	136,425	153,840

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Enquiries:

Andrea Waters

Head of Investor Relations

[phone]

[e-mail] 

Rosanna Konarzewski

Global Head of Communications and Marketing

[phone]

[e-mail] 

Finsbury

Michael Turner

[phone]

[e-mail] 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Luke Ellis
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Exercise of nil cost share option over 92,351 shares under the Man Group plc Fund Product Plan. Exercise of nil cost share option over 181,405 shares under the Man Group plc 2012 Deferred Share Plan. Exercise of nil cost share option over 142,227 shares under the Man Group plc 2015 Deferred Share Plan. Exercise of nil cost share option over 157,211 shares under the Man Group plc 2016 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0 92,351 0 181,405 0 142,227 0 157,211
d)	Aggregated information	Price(s) Volume(s) 0 573,194
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Jones
2	Reason for the notification
a)	Position/status	Chief Financial Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 81,055 shares under the Man Group plc 2012 Partner Deferred Share Plan. Vesting of award over 14,321 shares under the Laurel Heights LLP 2015 Partner Deferred Share Plan. Vesting of award over 47,226 shares under the Laurel Heights LLP 2016 Partner Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0 81,055 0 14,321 0 47,226
d)	Aggregated information	Price(s) Volume(s) 0 142,602
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jonathan Sorrell
2	Reason for the notification
a)	Position/status	President, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 85,284 shares under the Man Group plc 2013 Deferred Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0 85,284
d)	Aggregated information	Price(s) Volume(s) 0 85,284
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jonathan Sorrell
2	Reason for the notification
a)	Position/status	President, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Sale of shares to cover tax liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) 147.5682 40,172
d)	Aggregated information	Price(s) Volume(s) 147.5682 40,172
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robyn Grew
2	Reason for the notification
a)	Position/status	Chief Administrative Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 59,682 shares under the Man Group plc 2012 Partner Deferred Share Plan. Vesting of award over 47,690 shares under the Laurel Heights LLP 2015 Partner Deferred Share Plan. Exercise of nil cost share option over 73,500 shares under the Man Group plc 2016 Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0 59,682 0 47,690 0 73,500
d)	Aggregated information	Price(s) Volume(s) 0 180,872
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robyn Grew
2	Reason for the notification
a)	Position/status	Chief Administrative Officer, Man Group plc
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Sale of shares to cover tax liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) 147.5682 85,086
d)	Aggregated information	Price(s) Volume(s) 147.5682 85,086
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sandy Rattray
2	Reason for the notification
a)	Position/status	Chief Investment Officer, Man Group plc & Chief Executive Officer, AHL
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Vesting of award over 60,154 shares under the AHL Partners LLP 2014 Partner Deferred Share Plan. Vesting of award over 105,696 shares under the AHL Partners LLP 2014 Partner Deferred Share Plan. Vesting of award over 21,309 shares under the AHL Partners LLP 2014 Partner Deferred Share Plan. Vesting of award over 103,106 shares under the AHL Partners LLP 2016 Partner Deferred Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0 60,154 0 105,696 0 21,309 0 103,106
d)	Aggregated information	Price(s) Volume(s) 0 290,265
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sandy Rattray
2	Reason for the notification
a)	Position/status	Chief Investment Officer, Man Group plc & Chief Executive Officer, AHL
b)	Initial notification/Amendment	This is an initial notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Man Group plc
b)	LEI	5493008DK8RTOTIUZN73
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	Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
	Identification code	GB00B83VD954
b)	Nature of the transaction	Sale of shares to cover tax liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) 147.5682 136,425
d)	Aggregated information	Price(s) Volume(s) 147.5682 136,425
e)	Date of the transaction	2017-03-13
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

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