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M&G PLC

M&G PLC - Director/PDMR Shareholding

RNS Number : 8624I
M&G PLC
15 May 2025
 

M&G plc NEWS RELEASE
15 May 2025

M&G plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)

M&G plc (the 'Company') announces changes to the interests in the Company for certain PDMRs.

On 14 May 2025, further to the Company's interim dividend payment on 9 May 2025, dividend equivalent shares that had accrued on certain vested deferred incentive or long term incentive share plan awards were released to the PDMRs set out below. The PDMRs retained the balance of shares after deductions to cover tax liabilities and sale costs.

In addition, the Company was informed on 14 May 2025 of changes to the interests of Benoît Macé, following the reinvestment of the interim dividend on a personal shareholding.

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

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

6,684

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

6,684

 

Nil

e)

Date of the transaction

2025-05-14

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)

£2.1804

3,151


Aggregated information

 

-Aggregated volume

 

-Price

 

 

3,151

 

£2.1804


Date of the transaction

2025-05-14


Place of the transaction

XLON

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Chris 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

Release of dividend equivalent shares under the:

a)    M&G Deferred Incentive Plan

b)    M&G Performance Share Plan

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a.           

Nil

2,079

b.           

Nil

6,367

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

8,446

 

Nil

e)

Date of the transaction

2025-05-14

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:

a)    M&G Deferred Incentive Plan

b)    M&G Performance Share Plan

 

c)

Price(s) and volume(s)

Item

Price (s)

Volume (s)

a)   

£2.1804

989

b)   

£2.1804

3,002


Aggregated information

 

-Aggregated volume

 

-Price

 

 

3,991

 

£2.1804


Date of the transaction

2025-05-14


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

Release of dividend equivalent shares under the M&G Deferred Incentive Plan

 

c)

Price(s) and volume(s)

Price (s)

Volume (s)

Nil

4,737

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

 

4,737

 

Nil

e)

Date of the transaction

2025-05-14

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)

£2.1804

2,238


Aggregated information

 

-Aggregated volume

 

-Price

 

 

2,238

 

£2.1804


Date of the transaction

2025-05-14


Place of the transaction

XLON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Benoît Macé

2

Reason for the notification

a)

Position/status

Chief Strategy & Transformation 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

Acquisition of shares through reinvested dividends on a personal shareholding

 

c)

Price(s) and volume(s)

Price (s)

Volume (s)

£2.186

7,609


Aggregated information

 

-Aggregated volume

 

-Price

 

 

7,609

 

£2.186


Date of the transaction

2025-05-13


Place of the transaction

XLON

 

 

 

 

LEI: 254900TWUJUQ44TQJY84

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

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