REG - Man Group plc - Director/PDMR Shareholding
14 March 2019
Man Group plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
Man Group plc (the "Company") announces that, on 12 March 2019, awards or options over ordinary shares of 3 3/7 US cents each in the Company were granted under the Company's incentive plans to the individuals listed below, who are considered to be persons discharging managerial responsibilities ("PDMRs").
Name
Role
Form of Award
Shares under Award(s) / Option(s)
Luke Ellis
Chief Executive Officer, Man Group plc
Conditional award
2,185,434
Nil cost option
227,519
Mark Jones
Chief Financial Officer, Man Group plc
Conditional award
1,216,889
Nil cost option
258,846
Jonathan Sorrell
President, Man Group plc
Conditional award
1,490,069
Nil cost option
159,117
Robyn Grew
Chief Administrative Officer, Man Group plc
Nil cost option
243,897
Nil cost option (5yr)
283,822
Sandy Rattray
Chief Investment Officer, Man Group plc
Nil cost option
131,203
Nil cost option (5yr)
283,822
Conditional awards have been granted under the Man Group plc 2018 Long Term Incentive Plan and will vest, subject to the satisfaction of performance conditions, three years after grant. Shares subject to vested awards will then be delivered to participants two years later.
Nil-cost options have been granted under the Man Group plc 2018 Deferred Share Plan. Options will become exercisable as to one third on each anniversary of grant and may be exercised up to the tenth anniversary of grant. Additional options, which will become exercisable on the fifth anniversary of grant, have been granted to Robyn Grew and Sandy Rattray and may be exercised up to the tenth anniversary of grant.
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
Georgiana Brunner
Director of Communications
+44 (0)20 7144 1000
Finsbury
Michael Turner
+44 (0)20 7251 3801
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 (i)
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
Grant of conditional award over 2,185,434 shares under the Man Group plc 2018 Long Term Incentive Plan.
c)
Price(s) and volume(s)
Prices(s) Volume(s)
Nil 2,185,434
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
4 (ii)
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
Grant of nil cost share option over 227,519 shares under the Man Group plc 2018 Deferred Share Plan.
c)
Price(s) and volume(s)
Prices(s) Volume(s)
Nil 227,519
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
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 (i)
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
Grant of conditional award over 1,216,889 shares under the Man Group plc 2018 Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,216,889
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
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
Ordinary shares of 3 3/7 US cents nominal value in Man Group plc.
Identification code
GB00B83VD954
b)
Nature of the transaction
Grant of nil cost share option over 258,846 shares under the Man Group plc 2018 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
258,846
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
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 (i)
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
Grant of conditional award over 1,490,069 shares under the Man Group plc 2018 Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,490,069
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
4 (ii)
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
Grant of nil cost share option over 159,117 shares under the Man Group plc 2018 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
159,117
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
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
Grant of nil cost share option over 243,897 shares under the Man Group plc 2018 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
243,897
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
4 (ii)
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
Grant of nil cost share option over 283,822 shares under the Man Group plc 2018 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
283,822
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
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
Grant of nil cost share option over 131,023 shares under the Man Group plc 2018 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
131,203
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
4 (ii)
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
Grant of nil cost share option over 283,822 shares under the Man Group plc 2018 Deferred Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
283,822
d)
Aggregated information
N/A
e)
Date of the transaction
2019-03-12
f)
Place of the transaction
Outside a trading venue
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