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10 Jun 2025 09:00
M&G plc NEWS RELEASE10 June 2025
M&G plc
(the "Company")
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')
Grant of awards under the M&G Performance Share Plan 2019 (the 'PSP')
On 9 June, M&G plc granted nil-cost option PSP awards to the PDMRs set out below. The Remuneration Committee has approved the grant of these additional awards under the PSP to Executive Directors following shareholder approval of the revised Directors' Remuneration Policy at the Company's Annual General Meeting held on 30 April 2025.
The PSP awards granted are subject to the achievement of performance conditions over a three-year period, with a subsequent two-year holding period applying to the awards. The additional awards will be granted at the same share price used for the original grant on 1 April 2025 (£2.025). This approach aligns the terms as closely as possible with the original grant, which was approved by shareholders as part of the Directors' Remuneration Report disclosures.
Awards summary table
Name | Number of shares awarded as nil-cost options under the PSP |
Andrea Rossi | 561,728 |
Kathryn McLeland | 148,889 |
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
Contact
Company Secretariat | |
Christopher Smyth, Director of Secretariat Sharna Ludlow, Head of Share Plans and Share Registration | +44 (0) 208 162 0527 +44 (0) 208 162 0611 |
Investor Relations | |
Luca Gagliardi, Group Director of Strategy and IR | +44(0) 208 162 7301 |
Media Relations | |
Will Sherlock, Head of External Relations | +44 (0)7786 836562 |
James Gallagher, External Communications Manager
| +44 (0)7552 374245 |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Andrea Rossi | ||||||
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. Award granted under the PSP due to vest in June 2028, subject to the achievement of performance conditions, with a subsequent two year holding period until 2030
| ||||||
c) | Price(s) and volume(s) |
| ||||||
Aggregated information
-Aggregated volume
-Price |
N/A | |||||||
Date of the transaction | 2025-06-09 | |||||||
Place of the transaction | Outside a trading venue | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Kathryn McLeland | ||||||
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. Award granted under the PSP due to vest in June 2028, subject to the achievement of performance conditions, with a subsequent two year holding period until 2030
| ||||||
c) | Price(s) and volume(s) |
| ||||||
Aggregated information
-Aggregated volume
-Price |
N/A | |||||||
Date of the transaction | 2025-06-09 | |||||||
Place of the transaction | Outside a trading venue | |||||||
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