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M&G plc announced that on 3 November 2025, three Persons Discharging Managerial Responsibilities (PDMRs) received dividend equivalent ordinary shares. Shawn Gamble received 1,275 shares, Matthew Howells received 1,025 shares, and Joseph Pinto received 1,513 shares, all at a nil price. On the same date, these PDMRs sold a total of 1,833 shares (Gamble: 613, Howells: 495, Pinto: 725) at £2.6744 per share to cover tax liabilities.
| Date | 5 Nov 2025 |
| Time | 10:30:00 |
| Category | Director/PDMR dealings |
| ID | 2989G |
M&G plc NEWS RELEASE
5 November 2025
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)
M&G plc (the 'Company') announces changes to the interests in the Company of certain PDMRs further to the release of dividend equivalent shares following the Company's interim dividend payment on 17 October 2025.
Certain deferred incentive share plan awards were released to the PDMRs on 1 October 2025, following their vest dates, the details of which were announced by the Company on 2 October 2025. As these awards accrued dividend equivalent shares, these were subsequently added to the awards with effect from the dividend payment date of 17 October 2025, these details were announced by the Company on 21 October 2025.
On 3 November 2025, the dividend equivalent shares that had accrued on the vested deferred incentive share plan awards were subsequently released to the PDMRs as set out below. The PDMRs retained the balance of shares after deductions to cover tax liabilities and sale costs.
Contact
Christopher Smyth, Director of Secretariat - 020 8162 0527
Sharna Ludlow, Head of Share Plans and Share Registration - 020 8162 0611
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Shawn Gamble |
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|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Risk & Compliance Officer |
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|
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
|
||||
|
b) |
Nature of the transaction |
Release of dividend equivalent shares under the M&G Deferred Incentive Plan
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
1,275
Nil |
||||
|
e) |
Date of the transaction |
2025-11-03 |
||||
|
f) |
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
|
||||
|
b) |
Nature of the transaction |
Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Deferred Incentive Plan
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
|
Aggregated information
-Aggregated volume
-Price |
613
£2.6744
|
||||
|
|
Date of the transaction |
2025-11-03 |
||||
|
|
Place of the transaction |
XLON |
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|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Matthew Howells |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief People 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
|
||||
|
b) |
Nature of the transaction |
Release of dividend equivalent shares under the M&G Deferred Incentive Plan
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
1,025
Nil |
||||
|
e) |
Date of the transaction |
2025-11-03 |
||||
|
f) |
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
|
||||
|
b) |
Nature of the transaction |
Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Deferred Incentive Plan |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
|
Aggregated information
-Aggregated volume
-Price |
495
£2.6744 |
||||
|
|
Date of the transaction |
2025-11-03 |
||||
|
|
Place of the transaction |
XLON |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Joseph Pinto |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive, Asset Management |
||||
|
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
|
||||
|
b) |
Nature of the transaction |
Release of dividend equivalent shares under the M&G Deferred Incentive Plan
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information
-Aggregated volume
-Price |
1,513
Nil |
||||
|
e) |
Date of the transaction |
2025-11-03 |
||||
|
f) |
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
|
||||
|
b) |
Nature of the transaction |
Sale of shares to cover applicable withholding tax and other deductions arising on release of dividend equivalent shares under the M&G Deferred Incentive Plan
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
|
Aggregated information
-Aggregated volume
-Price |
725
£2.6744 |
||||
|
|
Date of the transaction |
2025-11-03 |
||||
|
|
Place of the transaction |
XLON |
||||
LEI: 254900TWUJUQ44TQJY84
Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation.