REG - Man Group plc - Director/PDMR Shareholding

ManAnnouncement

14/03/2019 09:35

RNS Number : 8009S
Man Group plc
14 March 2019
 


14 March 2019
Man Group plc
 
Man Group plc (the "Company") announces that, on 12 March 2019, 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 135.70 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


377,675


0


377,675




Mark Jones


Chief Financial Officer, Man Group plc


Nil cost option


47,726


0


99,569




Conditional award


51,843




Jonathan Sorrell


President,
Man Group plc


Conditional award


430,692


202,871


227,821




Robyn Grew


Chief Administrative Officer, Man Group plc


Nil cost option


210,769


99,280


111,489




Sandy Rattray


Chief Investment Officer, Man Group plc


Nil cost option


196,044


353,827


0




Conditional award


157,783



 
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 
 
 
Georgiana Brunner
Director of Communications
+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


 
Acquisition of 172,587 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.
 
Acquisition of 205,088 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




nil


172,587




nil


205,088








d)


Aggregated information





Price(s)


Volume(s)




nil


377,675








e)


Date of the transaction


2019-03-12




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


 
Acquisition of 51,843 shares pursuant to the vesting of an award granted under the Laurel Heights LLP 2016 Partner Deferred Share Plan.
 
Acquisition of 47,726 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




nil


51,843




nil


47,726








d)


Aggregated information





Price(s)


Volume(s)




nil


99,569








e)


Date of the transaction


2019-03-12




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


Acquisition of 93,626 shares pursuant to the vesting of an award granted under the Man Group plc 2013 Deferred Executive Incentive Plan.
 
Acquisition of 122,804 shares pursuant to the vesting of an award granted under the Man Group plc 2013 Deferred Executive Incentive Plan.
 
Acquisition of 214,262 shares pursuant to the vesting of an award granted under the Man Group plc 2013 Deferred Executive Incentive Plan.
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




nil


93,626




nil


122,804




nil


214,262








d)


Aggregated information





Price(s)


Volume(s)




nil


430,692








e)


Date of the transaction


2019-03-12




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)




135.70


202,871








d)


Aggregated information





135.70


   202,871








e)


Date of the transaction


2019-03-12




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


 
Acquisition of 80,686 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.
 
Acquisition of 40,805 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan
 
Acquisition of 89,278 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




nil


80,686




nil


40,805




nil


89,278








d)


Aggregated information





Price(s)


Volume(s)




nil


210,769








e)


Date of the transaction


2019-03-12




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)




135.70


99,280








d)


Aggregated information





135.70


  99,280








e)


Date of the transaction


2019-03-12




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


Acquisition of 113,191 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2016 Partner Deferred Share Plan.
 
Acquisition of 44,592 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2016 Partner Deferred Share Plan.
 
Acquisition of 196,044 shares pursuant to the exercise of a nil cost share option granted under the Man Group plc 2016 Deferred Share Plan.
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




nil


113,191




nil


44,592




nil


196,044




 


 








d)


Aggregated information





Price(s)


Volume(s)




nil


353,827








e)


Date of the transaction


2019-03-12




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


Sale of shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




135.70


353,827








d)


Aggregated information





135.70


  353,827








e)


Date of the transaction


2019-03-12




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 




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