M&G PLC has announced changes to the interests of certain Persons Discharging Managerial Responsibilities (PDMRs) following the payment of an interim dividend of 13.2 pence per share on 9 May 2024. The dividend equivalent shares accrued by certain PDMRs are subject to the same terms as the original award on which they accrued, including the vesting date, performance conditions, and holding period.
Clive Bolton, Chief Executive Officer of M&G Life, accrued 1,456 dividend equivalent shares at a price of £2.025 for the M&G Deferred Incentive Plan and 48,068 shares at the same price for the M&G Performance Share Plan. Caroline Connellan, Chief Executive of M&G Wealth, accrued 2,156 shares at £2.025 for the Deferred Incentive Plan and 39,751 shares at the same price for the Performance Share Plan. Louise Gelling, Interim Group Chief Risk and Compliance Officer, accrued 9,708 shares at £2.025 for the Deferred Incentive Plan and 35,536 shares at the same price for the Performance Share Plan. Charlotte Heiss, Group General Counsel & Company Secretary, also accrued dividend equivalent shares.
These transactions were conducted outside a trading venue on 9 May 2024. The notification of these transactions has been made in accordance with the requirements of the Market Abuse Regulation. For further details, individuals can contact Christopher Smyth, Director of Secretariat, or Sharna Ludlow, Head of Share Plans and Share Registration, at M&G plc.