Director/PDMR Shareholding

M&G PLC

14 May 2026

 

M&G plc NEWS RELEASE
14 May 2026

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)

M&G plc (the 'Company') announces changes to the interest in the Company for certain PDMRs further to the release of dividend equivalent shares following the Company's interim dividend payment on 30 April 2026.

Certain discretionary share plan awards were released to the PDMRs on 31 March and 1 April 2026, following their vest dates, the details of which were announced by the company on 2 April and 7 April 2026. As these awards accrued dividend equivalent shares, these were subsequently added to the awards with effect from the dividend payment date of 30 April 2026, these details were announced by the Company on 1 May 2026.

On 13 May 2026, the dividend equivalent shares that had accrued on the vested discretionary share plan awards were subsequently released to the PDMRs as set out below. The PDMRs retained the balance of shares after deductions to cover tax labilities and sale costs.

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

Contact

Christopher Smyth, Director of Secretariat - 020 8162 0527

Sharna Ludlow, Head of Share Plans and Share Registration - 020 8162 0611

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clive Bolton
2	Reason for the notification
a)	Position/status	Chief Executive Officer, M&G Life
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	Release of dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 4,777
d)	Aggregated information -Aggregated volume -Price	4,777 Nil
e)	Date of the transaction	2026-05-13
f)	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 dividend equivalent shares under the M&G Performance Share Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £3.0188 2,257
d)	Aggregated information -Aggregated volume -Price	2,257 £3.0188
e)	Date of the transaction	2026-05-13
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Cochrane
2	Reason for the notification
a)	Position/status	Chief Information Technology 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	a.    Release of dividend equivalent shares under the M&G Performance Share Plan b.    Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 5,534 b. Nil 1,456
d)	Aggregated information -Aggregated volume -Price	6,990 Nil
e)	Date of the transaction	2026-05-13
f)	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	a.    Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Performance Share Plan b.    Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £3.0188 2,610 £3.0188 687
d)	Aggregated information -Aggregated volume -Price	3,297 £3.0188
e)	Date of the transaction	2026-05-13
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Shawn Gamble
2	Reason for the notification
a)	Position/status	Group Chief Risk & Compliance 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	Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 2,878
d)	Aggregated information -Aggregated volume -Price	2,878 Nil
e)	Date of the transaction	2026-05-13
f)	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 dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £3.0188 1,365
d)	Aggregated information -Aggregated volume -Price	1,365 £3.0188
e)	Date of the transaction	2026-05-13
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matthew Howells
2	Reason for the notification
a)	Position/status	Chief People 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	a.    Release of dividend equivalent shares under the M&G Performance Share Plan b.    Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 13,850 b. Nil 3,988
d)	Aggregated information -Aggregated volume -Price	17,838 Nil
e)	Date of the transaction	2026-05-13
f)	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	a.    Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Performance Share Plan b.    Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £3.0188 6,533 b. £3.0188 1,881
d)	Aggregated information -Aggregated volume -Price	8,414 £3.0188
e)	Date of the transaction	2026-05-13
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kathryn McLeland
2	Reason for the notification
a)	Position/status	Chief Financial 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	Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 6,729
	Aggregated information -Aggregated volume -Price	6,729 Nil
	Date of the transaction	2026-05-13
	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 dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £3.0188 3,175
	Aggregated information -Aggregated volume -Price	3,175 £3.0188
	Date of the transaction	2026-05-13
	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joseph Pinto
2	Reason for the notification
a)	Position/status	Chief Executive, Asset Management
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	Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil  10,944
d)	Aggregated information -Aggregated volume -Price	10,944 Nil
e)	Date of the transaction	2026-05-13
f)	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 dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £3.0188 5,163
d)	Aggregated information -Aggregated volume -Price	5,163 £3.0188
e)	Date of the transaction	2026-05-13
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrea Rossi
2	Reason for the notification
a)	Position/status	Group Chief Executive
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	Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil 3,916
d)	Aggregated information -Aggregated volume -Price	3,916 Nil
e)	Date of the transaction	2026-05-13
f)	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 dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Price (s) Volume (s) £3.0188 1,853
d)	Aggregated information -Aggregated volume -Price	1,853 £3.0188
e)	Date of the transaction	2026-05-13
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Louise Shield
2	Reason for the notification
a)	Position/status	Group Corporate Affairs, Sustainability and Brand Director
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	a.    Release of dividend equivalent shares under the M&G Performance Share Plan b.    Release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. Nil 6,149 b. Nil 4,699
d)	Aggregated information -Aggregated volume -Price	10,848 Nil
e)	Date of the transaction	2026-05-13
f)	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	a.    Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Performance Share Plan b.    Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Deferred Incentive Plan
c)	Price(s) and volume(s)	Item Price (s) Volume (s) a. £3.0188 2,900 b. £3.0188 2,217
d)	Aggregated information -Aggregated volume -Price	5,117 £3.0188
e)	Date of the transaction	2026-05-13
f)	Place of the transaction	XLON

LEI: 254900TWUJUQ44TQJY84

 

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