M&G plc NEWS RELEASE
6 January 2022

         M&G plc receives regulatory approval for acquisition of Sandringham Financial Partners

M&G plc confirms that it has received regulatory approval for its acquisition of Independent Financial Adviser Sandringham Financial Partners first announced in August 2021.

Huddersfield-based Sandringham is a fast-growing provider of independent financial advice in the UK. It has over 180 IFA Partners and advises on assets of more than £2.5 billion for over 10,000 clients. Sandringham will retain its respected brand and will sit within M&G's Wealth division alongside M&G Wealth's existing advice, platform and investment businesses. 

M&G plc is an international savings and investments business, managing money for around 5 million retail customers and more than 800 institutional clients in 28 markets. As at 30 June 2021, it had £370 billion of assets under management and administration.

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Notes to Editors

About M&G plc

M&G plc is an international savings and investments business, managing money for around 5 million retail customers and more than 800 institutional clients in 28 markets. As at 30 June 2021, we had £370 billion of assets under management and administration.

With a heritage dating back more than 170 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. We serve our savings and insurance customers under the Prudential brand in the UK and Europe and for asset management in South Africa, and under the M&G Investments brand for asset management clients globally.

LEI: 254900TWUJUQ44TQJY84

Classification: 3.1 Additional regulated information required to be disclosed under the laws of a Member state