REG - Man Group plc - Correction: Director/PDMR Shareholding

ManAnnouncement

16/03/2018 09:45

RNS Number : 9727H
Man Group plc
16 March 2018
16 March 2018
Man Group plc
Correction: Notification of Transactions of Persons Discharging Managerial Responsibilities
The following amendment has been made to the 'Notification of Transactions of Persons Discharging Managerial Responsibilities' announcement released on 14 March 2018 at 10:35 am.
The date of the transaction disclosed in box 4(e) for the sale of shares by Sandy Rattray to cover tax liabilities should have been 2018-03-12 rather than 2017-02-12 as disclosed in that announcement. All other details remain unchanged. The full amended text is shown below.
Man Group plc (the "Company") announces that, on 12 March 2018, ordinary shares of 3 3/7 US cents each in the Company were acquired by the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs"), pursuant to the vesting of conditional awards and the exercise of nil cost options granted under the Company's incentive plans.
Following such exercise or vesting, certain PDMRs immediately sold shares as detailed below at a price of 174.7935 pence per share.
Name
Role
Form of Award
Shares acquired under Award(s)/ Option(s)
Total number of shares sold
Retained beneficial holding after sale
Luke Ellis
Chief Executive Officer, Man Group plc
Nil cost option
508,411
0
508,411
Mark Jones
Chief Financial Officer, Man Group plc
Nil cost option
45,456
0
109,806
Conditional award
64,350
Jonathan Sorrell
President, Man Group plc
Conditional award
206,130
97,095
109,035
Robyn Grew
Chief Administrative Officer, Man Group plc
Nil cost option
115,713
77,941
87,635
Conditional award
49,863
Sandy Rattray
Chief Investment Officer, Man Group plc
Conditional award
283,067
133,042
150,025
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Enquiries:
Fiona Smart
Head of Investor Relations
+44 (0)20 7144 2030
fiona.smart@man.com
Rosanna Konarzewski
Global Head of Communications and Marketing
+44 (0)20 7144 1000
media@man.com
Finsbury
Michael Turner
+44 (0)20 7251 3801
ManGroupUK@Finsbury.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Luke Ellis
2
Reason for the notification
a)
Position/status
Chief Executive Officer, Man Group plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Exercise of nil cost share option over 148,708 shares under the Man Group plc 2015 Deferred Share Plan.
Exercise of nil cost share option over 164,373 shares under the Man Group plc 2016 Deferred Share Plan.
Exercise of nil cost share option over 195,330 shares under the Man Group plc 2016 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
175.40
148,708
175.40
164,373
175.40
195,330
d)
Aggregated information
Price(s)
Volume(s)
175.40
508,411
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Jones
2
Reason for the notification
a)
Position/status
Chief Financial Officer, Man Group plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Vesting of award over 14,973 shares under the Laurel Heights LLP 2015 Partner Deferred Share Plan.
Vesting of award over 49,377 shares under the Laurel Heights LLP 2016 Partner Deferred Share Plan.
Exercise of nil cost share option over 45,456 shares under the Man Group plc 2016 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
175.40
14,973
175.40
49,377
175.40
45,456
d)
Aggregated information
Price(s)
Volume(s)
175.40
109,806
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Jonathan Sorrell
2
Reason for the notification
a)
Position/status
President, Man Group plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Vesting of award over 89,169 shares under the Man Group plc 2013 Deferred Executive Incentive Plan.
Vesting of award over 116,961 shares under the Man Group plc 2013 Deferred Executive Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
174.7935
89,169
174.7935
116,961
d)
Aggregated information
Price(s)
Volume(s)
174.7935
206,130
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Jonathan Sorrell
2
Reason for the notification
a)
Position/status
President, Man Group plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Sale of shares to cover tax liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
174.7935
97,095
d)
Aggregated information
N/A
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Robyn Grew
2
Reason for the notification
a)
Position/status
Chief Administrative Officer, Man Group plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Vesting of award over 49,863 shares under the Laurel Heights LLP 2015 Partner Deferred Share Plan.
Exercise of nil cost share option over 76,848 shares under the Man Group plc 2016 Deferred Share Plan.
Exercise of nil cost share option over 38,865 shares under the Man Group plc 2016 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
174.7935
49,863
174.7935
76,848
174.7935
38,865
d)
Aggregated information
Price(s)
Volume(s)
174.7935
165,576
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Robyn Grew
2
Reason for the notification
a)
Position/status
Chief Administrative Officer, Man Group plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Sale of shares to cover tax liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
174.7935
77,941
d)
Aggregated information
N/A
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sandy Rattray
2
Reason for the notification
a)
Position/status
Chief Investment Officer, Man Group plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Vesting of award over 22,279 shares under the AHL Partners LLP 2014 Partner Deferred Share Plan.
Vesting of award over 110,513 shares under the AHL Partners LLP 2014 Partner Deferred Share Plan.
Vesting of award over 107,804 shares under the AHL Partners LLP 2016 Partner Deferred Share Plan.
Vesting of award over 42,471 shares under the AHL Partners LLP 2016 Partner Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
174.7935
22,279
174.7935
110,513
174.7935
107,804
174.7935
42,471
d)
Aggregated information
Price(s)
Volume(s)
174.7935
283,067
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sandy Rattray
2
Reason for the notification
a)
Position/status
Chief Investment Officer, Man Group plc
b)
Initial notification/Amendment
This is an amendment.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Man Group plc
b)
LEI
5493008DK8RTOTIUZN73
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Sale of shares to cover tax liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
174.7935
133,042
d)
Aggregated information
N/A
e)
Date of the transaction
2018-03-12
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

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