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M&G plc announced that on 1 April 2026, a performance award granted in 2021 to Matthew Howells, Chief People Officer and a PDMR, was released. Subsequently, Mr. Howells sold 141,708 ordinary shares at £2.826 per share to cover applicable tax liabilities and sales costs.
| Date | 7 Apr 2026 |
| Time | 14:00:00 |
| Category | Director/PDMR dealings |
| ID | 5023Z |
M&G plc NEWS RELEASE
07 April 2026
M&G plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs)
On 1 April 2026, a performance award granted in 2021 to Matthew Howells was released, following the end of a two-year post-vest holding period. Sufficient shares were sold to cover Mr. Howells' tax liabilities and sales costs, with the balance of shares retained by him.
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
Contact
Christopher Smyth, Director of Secretariat - 020 8162 0527
Sharna Ludlow, Head of Share Plans and Share Registration - 020 8162 0611
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Matthew Howells |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief People Officer |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
M&G plc |
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b) |
LEI |
254900TWUJUQ44TQJY84 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 5 pence each
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b) |
Nature of the transaction |
Sale of shares to cover applicable withholding tax and other deductions arising from the exercise and release of a PSP nil-cost option award |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
-Aggregated volume
-Price |
141,708
£2.826 |
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e) |
Date of the transaction |
2026-04-01 |
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f) |
Place of the transaction |
XLON |
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LEI: 254900TWUJUQ44TQJY84