Director/PDMR Shareholding

RNS Number : 8009S
Man Group plc
14 March 2019
 

14 March 2019

Man Group plc

 

Man Group plc (the "Company") announces that, on 12 March 2019, 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 135.70 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

377,675

0

377,675

Mark Jones

Chief Financial Officer, Man Group plc

Nil cost option

47,726

0

99,569

Conditional award

51,843

Jonathan Sorrell

President,

Man Group plc

Conditional award

430,692

202,871

227,821

Robyn Grew

Chief Administrative Officer, Man Group plc

Nil cost option

210,769

99,280

111,489

Sandy Rattray

Chief Investment Officer, Man Group plc

Nil cost option

196,044

353,827

0

Conditional award

157,783

 

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

Enquiries:

Fiona Smart

Head of Investor Relations

+44 (0)20 7144 2030

fiona.smart@man.com 

 

 

Georgiana Brunner

Director of Communications

+44 (0)20 7144 1000

media@man.com 

 

Finsbury

Michael Turner

+44 (0)20 7251 3801

ManGroupUK@Finsbury.com 

 

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

 

Acquisition of 172,587 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.

 

Acquisition of 205,088 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

172,587

nil

205,088

d)

Aggregated information

Price(s)

Volume(s)

nil

377,675

e)

Date of the transaction

2019-03-12

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

 

Acquisition of 51,843 shares pursuant to the vesting of an award granted under the Laurel Heights LLP 2016 Partner Deferred Share Plan.

 

Acquisition of 47,726 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

51,843

nil

47,726

d)

Aggregated information

Price(s)

Volume(s)

nil

99,569

e)

Date of the transaction

2019-03-12

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

Acquisition of 93,626 shares pursuant to the vesting of an award granted under the Man Group plc 2013 Deferred Executive Incentive Plan.

 

Acquisition of 122,804 shares pursuant to the vesting of an award granted under the Man Group plc 2013 Deferred Executive Incentive Plan.

 

Acquisition of 214,262 shares pursuant to the vesting of an award granted under the Man Group plc 2013 Deferred Executive Incentive Plan.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

93,626

nil

122,804

nil

214,262

d)

Aggregated information

Price(s)

Volume(s)

nil

430,692

e)

Date of the transaction

2019-03-12

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)

135.70

202,871

d)

Aggregated information

135.70

   202,871

e)

Date of the transaction

2019-03-12

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

 

Acquisition of 80,686 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.

 

Acquisition of 40,805 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan

 

Acquisition of 89,278 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

80,686

nil

40,805

nil

89,278

d)

Aggregated information

Price(s)

Volume(s)

nil

210,769

e)

Date of the transaction

2019-03-12

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)

135.70

99,280

d)

Aggregated information

135.70

  99,280

e)

Date of the transaction

2019-03-12

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

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

Acquisition of 113,191 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2016 Partner Deferred Share Plan.

 

Acquisition of 44,592 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2016 Partner Deferred Share Plan.

 

Acquisition of 196,044 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

113,191

nil

44,592

nil

196,044

 

 

d)

Aggregated information

Price(s)

Volume(s)

nil

353,827

e)

Date of the transaction

2019-03-12

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

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

c)

Price(s) and volume(s)

Price(s)

Volume(s)

135.70

353,827

d)

Aggregated information

135.70

  353,827

e)

Date of the transaction

2019-03-12

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


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