Last checked at 6 Apr 2021 10:00
M&G plc NEWS RELEASE6 April 2021
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)
Release of shares under the Prudential Deferred Annual Incentive Plan, the Prudential Long Term Incentive Plan and the Prudential Group Deferred Bonus Plan (the 'Prudential Plans')
M&G plc (the 'Company') announces that on 31 March 2021, shares were released to the below PDMRs in accordance with the replacement awards granted under the Prudential Plans on 27 November 2019. Shares were sold to cover the PDMRs' tax liabilities and sales costs and the PDMRs retained the balance of the shares.
Awards under the M&G Deferred Incentive Plan 2019 (the 'Deferred Incentive Plan')
On 1 April 2021, the Company made deferred bonus short-term incentives ('STI') to PDMRs under the Deferred Incentive Plan. An award representing a proportion of the PDMRs' annual STI has been deferred into a conditional award over shares which is due to vest in April 2024. The awards have been made using the average market share price for the three days preceding the award date, of £2.072.
Awards under the M&G Performance Share Plan 2019 (the 'Performance Share Plan')
On 1 April 2021, the Company granted nil-cost options to the following PDMRs under the Performance Share Plan. The options granted in 2021 are subject to the achievement of performance conditions over a three-year period (with the exception of Mr. Adams and Mr. Grewal, for whom performance conditions do not apply), plus a subsequent holding period of two years, have been made using the average market share price for the three days preceding the award date, of £2.072.
Mr. Grewal was also granted recruitment awards as nil-cost options under the Performance Share Plan to compensate him for incentive awards with his former employer that have lapsed as a result of him taking up employment with the Company. Performance conditions do not apply to the awards. The vesting dates for Mr. Grewal's recruitment awards are set out in more detail below and have been made using the average market share price for the three days preceding his hire date, of £2.001.
Summary table
The below table summarises the above transactions for each PDMR:
Name | Number of shares released under the Prudential Plans | Number of shares sold to cover tax liabilities and sales costs | Number of shares awarded under the M&G Deferred Incentive Plan 2019 | Number of nil-cost options granted under the M&G Performance Share Plan 2019 |
Julian Adams | 427,214 | 201,396 | 80,819 | 242,459 |
Clare Bousfield | 222,963 | 105,109 | 180,027 | 606,153 |
Jonathan Daniels | 797,558 | 375,982 | 185,949 | 404,098 |
John Foley | 800,871 | 377,543 | 351,182 | 1,182,432 |
Peter Grewal | - | - | 72,393 | 473,703 |
Matt Howells | - | - | - | 224,420 |
David Macmillan | 182,123 | 87,683 | 80,296 | 348,994 |
Graham Mason | 151,643 | 71,487 | 71,844 | 312,258 |
Irene McDermott Brown | 148,666 | 70,085 | 70,999 | 308,584 |
Alan Porter | 425,229 | 200,460 | 88,749 | 385,730 |
Catherine Ross | - | - | 25,337 | - |
Roddy Thomson | 183,462 | 86,487 | 77,392 | 330,626 |
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
Helen Archbold, Head of Secretariat - 020 8162 0057
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Julian Adams | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Director, Public Policy and Regulation | |||||||||
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 | a. Vesting of nil-cost conditional awards under the Prudential Deferred Annual Incentive Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
427,214
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Deferred Annual Incentive Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
201,396
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
323,278
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Clare Bousfield | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Financial 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 | a. Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
222,963
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
105,109
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
786,180
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Jonathan Daniels | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Investment 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 | a. Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
797,558
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
375,982
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
590,047
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | John Foley | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Executive 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 | a. Vesting of nil-cost conditional awards under the Prudential Deferred Annual Incentive Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
800,871
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Deferred Annual Incentive Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
377,543
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
1,533,614
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||||||||||||||
a) | Name | Peter Grewal | |||||||||||||||||||||
2 | Reason for the notification | ||||||||||||||||||||||
a) | Position/status | Group Chief Risk & Resilience 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 | a. Awards granted under the Performance Share Plan due to vest in March 2022 b. Awards granted under the Performance Share Plan due to vest in March 2023 c. Award granted under the Performance Share Plan due to vest in March 2024 d. Award granted under the Performance Share Plan due to vest in March 2025 e. Award granted under the Performance Share Plan due to vest in April 2024 f. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||||||||||||||
c) | Price(s) and volume(s) |
| |||||||||||||||||||||
Aggregated information
-Aggregated volume
-Price |
546,096
£2.036 | ||||||||||||||||||||||
Date of the transaction | 2021-04-01 | ||||||||||||||||||||||
Place of the transaction | Outside a trading venue | ||||||||||||||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Matt Howells | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief of Staff | ||||
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 | Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions
| ||||
c) | Price(s) and volume(s) |
| ||||
Aggregated information
-Aggregated volume
-Price |
224,420
£2.072 | |||||
Date of the transaction | 2021-04-01 | |||||
Place of the transaction | Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | David Macmillan | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Customer & Distribution 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 | a. Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
182,123
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
87,683
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
429,290
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Graham Mason | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief International 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 nil-cost conditional awards under the Prudential Group Deferred Bonus Plan | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
151,643
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 conditional awards under the Prudential Group Deferred Bonus Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
71,487
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
384,102
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Irene McDermott Brown | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Human Resources 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 | a. Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
148,666
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
70,085
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
379,583
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Alan Porter | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | General Counsel and Company Secretary | |||||||||
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 | a. Vesting of nil-cost conditional awards under the Prudential Deferred Annual Incentive Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
425,229
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Deferred Annual Incentive Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
200,460
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
474,479
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Catherine Ross | ||||
2 | Reason for the notification | |||||
a) | Position/status | Co Head Private Credit and Culture Lead | ||||
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 | Award granted under the Deferred Incentive Plan to be released in April 2024
| ||||
c) | Price(s) and volume(s) |
| ||||
Aggregated information
-Aggregated volume
-Price |
25,337
£2.072 | |||||
Date of the transaction | 2021-04-01 | |||||
Place of the transaction | Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Roddy Thomson | |||||||||
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 | a. Vesting of nil-cost conditional awards under the Prudential Group Deferred Bonus Plan b. Vesting of nil-cost conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
183,462
Nil | ||||||||||
Date of the transaction | 2021-03-31 | ||||||||||
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 | a. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Group Deferred Bonus Plan b. Sale of shares to cover applicable withholding tax and other deductions arising on release of conditional awards under the Prudential Long Term Incentive Plan
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
86,487
£2.0761 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | XLON | ||||||||||
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 | a. Award granted under the Performance Share Plan due to vest in April 2024 subject to the achievement of performance conditions b. Award granted under the Deferred Incentive Plan to be released in April 2024
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
Aggregated information
-Aggregated volume
-Price |
408,018
£2.072 | ||||||||||
Date of the transaction | 2021-04-01 | ||||||||||
Place of the transaction | Outside a trading venue | ||||||||||
LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.