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16 May 2025 23:05:35
- Source: Sharecast
M&G plc NEWS RELEASE
16 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 further to the Company's interim dividend payment on 9 May 2025.
On 14 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.
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
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Joseph Pinto |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive, Asset Management |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
M&G plc |
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b) |
LEI |
254900TWUJUQ44TQJY84 |
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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 |
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|
a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 5 pence each
|
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b) |
Nature of the transaction |
Release of dividend equivalent shares under the M&G Performance Share Plan
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information
-Aggregated volume
-Price |
6,866
Nil |
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|
e) |
Date of the transaction |
2025-05-14 |
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f) |
Place of the transaction |
Outside a trading venue |
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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
|
||||
|
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
|
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|
c) |
Price(s) and volume(s) |
|
||||
|
|
Aggregated information
-Aggregated volume
-Price |
3,238
£2.1804 |
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|
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Date of the transaction |
2025-05-14 |
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|
|
Place of the transaction |
XLON |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Louise Shield |
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2 |
Reason for the notification |
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|
a) |
Position/status |
Corporate Affairs Director |
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|
b) |
Initial notification/Amendment |
Initial notification |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
M&G plc |
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|
b) |
LEI |
254900TWUJUQ44TQJY84 |
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|
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
|
||||
|
b) |
Nature of the transaction |
Release of dividend equivalent shares under the M&G Deferred Incentive Plan
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
2,071
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
|
||||
|
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) |
|
||||
|
|
Aggregated information
-Aggregated volume
-Price |
986
£2.1804 |
||||
|
|
Date of the transaction |
2025-05-14 |
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|
|
Place of the transaction |
XLON |
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LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.
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