Last checked at 14 Mar 2022 16:25
Man Group plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
Man Group plc (the "Company") announces that, on 11 March 2022, awards or options over ordinary shares of 3 3/7 US cents each were granted under the Group's incentive plans to the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs").
Name | Role | Form of Award | Shares under Award(s) / Option(s) |
Luke Ellis | Chief Executive Officer | Conditional award | 1,293,511 |
Nil cost option | 265,439 | ||
Antoine Forterre | Chief Financial Officer | Conditional award | 734,949 |
Nil cost option | 433,696 | ||
Eric Burl | Global Co-Head of Sales & Marketing and Head of Man GPM | Nil cost option | 342,976 |
Nil cost option (5yr) | 391,973 | ||
Steven Desmyter | Global Co-Head of Sales & Marketing | Conditional award | 293,979 |
Conditional award (5yr) | 391,973 | ||
Robyn Grew | Group Chief Operating Officer, General Counsel, Head of ESG and Head of Man Group US | Nil cost option | 685,953 |
Nil cost option (5yr) | 391,973 | ||
Mark Jones | Deputy Chief Executive Officer | Nil cost option | 734,949 |
Shanta Puchtler | Man Group President | Nil cost option | 44,096 |
Nil cost option (5yr) | 195,986 |
Conditional awards have been granted to Luke Ellis and Antoine Forterre under the Man Group plc 2019 Long Term Incentive Plan and will vest, subject to the satisfaction of performance conditions, three years after grant. Shares subject to vested awards will then be delivered to participants two years later.
Nil-cost options have been granted under the Man Group plc 2019 Deferred Share Plan. Options will become exercisable as to one third on each anniversary of grant and may be exercised up to the tenth anniversary of grant. Additional options, which will become exercisable on the fifth anniversary of grant (or earlier if certain performance hurdles have been met), have been granted to Eric Burl, Steven Desmyter, Robyn Grew and Shanta Puchtler and may be exercised up to the tenth anniversary of grant. Options which are held by participants subject to US tax will be exercised automatically as soon as they become exercisable.
Conditional awards have been granted under the Man GLG Partners LLP 2019 Partner Deferred Share Plan to Steven Desmyter. Conditional awards will vest, and shares will be delivered, as to one third on each anniversary of grant. Additional conditional awards, which will vest, and shares will be delivered on the fifth anniversary of grant (or earlier if certain performance hurdles have been met) have also been granted to Steven Desmyter.
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 3727 1141
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 | Luke Ellis |
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 | Grant of conditional award over 1,293,511 shares under the Man Group plc 2019 Long Term Incentive Plan. |
c) | Price(s) and volume(s) | Prices(s) Volume(s) Nil 1,293,511 |
d) | Aggregated information | N/A |
e) | Date of the transaction | 2022-03-11 |
f) | Place of the transaction | Outside a trading venue |
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 | Grant of nil cost share option over 265,439 shares under the Man Group plc 2019 Deferred Share Plan. |
c) | Price(s) and volume(s) | Prices(s) Volume(s) Nil 265,439 |
d) | Aggregated information | N/A |
e) | Date of the transaction | 2022-03-11 |
f) | Place of the transaction | Outside a trading venue |
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 | Grant of conditional award over 734,949 shares under the Man Group plc 2019 Long Term Incentive Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | Grant of nil cost share option over 433,696 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Eric Burl | ||||
2 | Reason for the notification | |||||
a) | Position/status | Global Co-Head of Sales and Marketing and Head of Man GPM | ||||
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 | Grant of nil cost share option over 342,976 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | Grant of nil cost share option over 391,973 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Steven Desmyter | ||||
2 | Reason for the notification | |||||
a) | Position/status | Global Co-Head of Sales and Marketing | ||||
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 | Grant of conditional award over 293,979 shares under the Man GLG Partners LLP 2019 Partner Deferred Share Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | Grant of conditional award over 391,973 shares under the Man GLG Partners LLP 2019 Partner Deferred Share Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Robyn Grew | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Chief Operating Officer, General Counsel, Head of ESG and Head of Man Group US | ||||
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 | Grant of nil cost share option over 685,953 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | Grant of nil cost share option over 391,973 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mark Jones | ||||
2 | Reason for the notification | |||||
a) | Position/status | Deputy 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 | 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 | Grant of nil cost share option over 734,949 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Shanta Puchtler | ||||
2 | Reason for the notification | |||||
a) | Position/status | Man Group 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 | Grant of nil cost share option over 44,096 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | Grant of nil cost share option over 195,986 shares under the Man Group plc 2019 Deferred Share Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2022-03-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||