Source - LSE Regulatory
RNS Number : 8759Q
M&G PLC
30 June 2022
 

M&G plc NEWS RELEASE
30 June 2022

M&G plc

Notification of transaction by Person Discharging Managerial Responsibilities ('PDMR')

M&G plc announces that on the 29 June 2022 shares vested and were released to Vanessa Murden, Chief Operating Officer, in accordance with the replacement award granted under the M&G Performance Share Plan granted on 16 June 2022.

Shares were sold to cover Ms Murden's tax liabilities and sale costs and she retained the balance of shares.

The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

Contact

Alan Porter, General Counsel and Company Secretary - 020 8162 4064

George Bayer, Senior Assistant Company Sectary - 020 8162 2655

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Vanessa Murden

2

Reason for the notification

a)

Position/status

Chief Operating 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

Vesting of a nil-cost option under the M&G Performance Share Plan

 

c)

Price(s) and volume(s)

Price (s)

Volume (s)

£2.1357

2,841


Aggregated information

 

-Aggregated volume

 

-Price

 

 

2,841

 

£2.1357


Date of the transaction

2022-06-29


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 a nil-cost conditional award under the M&G Performance Share Plan

 

c)

Price(s) and volume(s)

Price (s)

Volume (s)

£1.9717

1,375


Aggregated information

 

-Aggregated volume

 

-Price

 

 

1,375

 

£1.9717


Date of the transaction

2022-06-29


Place of the transaction

XLON

 

 

LEI: 254900TWUJUQ44TQJY84

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

 

 

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