Last checked at 11 Mar 2024 17:03
Man Group plc
Man Group plc (the "Company") announces that, on 7 March 2024, ordinary shares of 3 3/7 US cents each 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 249.40 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 |
Robyn Grew | Chief Executive Officer | Nil cost option | 462,458 | 258,976 | 203,482 |
Antoine Forterre
| Chief Financial Officer | Nil cost option | 160,250 | 75,484 | 84,766 |
Steven Desmyter
| President | Conditional award | 242,196 | 242,196 | - |
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Enquiries:
Karan Shirgaokar
Director of Investor Relations
+44 20 7144 1434
investor.relations@man.com
Georgiana Brunner
Head of Communications
+44 20 7144 1239
media@man.com
Elizabeth Woods
Company Secretary
+44 20 7144 1733
company.secretarial@man.com
Neil Doyle
FTI Consulting
+44 20 7197 8220
man@fticonsulting.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 | Robyn Grew | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
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 | 2549003YWC1DW6LALB09 | ||||
4(i) | 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 | JE00BJ1DLW90 | |||||
b) | Nature of the transaction | Acquisition of 462,458 shares pursuant to the exercise of nil cost share options.
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c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2024-03-07 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
4(ii) | 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 | JE00BJ1DLW90 | |||||
b) | Nature of the transaction | Sale of shares to cover tax liabilities. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2024-03-07 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Antoine Forterre | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer | ||||
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 | 2549003YWC1DW6LALB09 | ||||
4(i) | 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 | JE00BJ1DLW90 | |||||
b) | Nature of the transaction | Acquisition of 160,250 shares pursuant to the exercise of nil cost share options.
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c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2024-03-07 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
4(ii) | 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 | JE00BJ1DLW90 | |||||
b) | Nature of the transaction | Sale of shares to cover tax liabilities. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2024-03-07 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Steven Desmyter | ||||
2 | Reason for the notification | |||||
a) | Position/status | President | ||||
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 | 2549003YWC1DW6LALB09 | ||||
4(i) | 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 | JE00BJ1DLW90 | |||||
b) | Nature of the transaction | Acquisition of 242,196 shares pursuant to the vesting of a share award.
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c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2024-03-07 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
4(ii) | 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 | JE00BJ1DLW90 | |||||
b) | Nature of the transaction | Sale of shares, including those to cover tax liabilities. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2024-03-07 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||