REG - Man Group plc - Director/PDMR Shareholding

ManAnnouncement

13/03/2020 16:50

RNS Number : 1663G
  
Man Group plc
  
13 March 2020
  
 

 
Man Group plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
Man Group plc (the "Company") announces that, on 13 March 2020, 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


3,008,979




Nil cost option


302,581




Mark Jones


Chief Financial Officer, Man Group plc


Conditional award


1,709,647




Nil cost option


171,474




Robyn Grew


Group Chief Operating Officer and General Counsel, Man Group plc 


Nil cost option


570,903




Nil cost option (5yr)


781,553




Sandy Rattray


Chief Investment Officer, Man Group plc  


Nil cost option (5yr)


781,553




Shanta Puchtler


Chief Executive Officer, Man Numeric


Nil cost option


409,195




 
Conditional awards have been granted under the Man Group plc 2019 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 2019 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. Options which are held by participants subject to US tax will be exercised automatically as soon as they become exercisable.
 
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
 
Enquiries:
Alex Dee
Head of Investor Relations
+44 (0)20 7144 1370
Alex.Dee@man.com 
 
Georgiana Brunner
Director of Communications
+44 (0)20 7144 1000
media@man.com 
 
Michael Turner
Finsbury
+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


2549003YWC1DW6LALB09




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of conditional award over 3,008,979 shares under the Man Group plc 2019 Long Term Incentive Plan.




c)


Price(s) and volume(s)


Prices(s)                                            Volume(s)
Nil                                                      3,008,979 




d)


Aggregated information


N/A




e)


Date of the transaction


2020-03-13




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of nil cost share option over 302,581 shares under the Man Group plc 2019 Deferred Share Plan.




c)


Price(s) and volume(s)


Prices(s)                                            Volume(s)
Nil                                                       302,581




d)


Aggregated information


N/A




e)


Date of the transaction


2020-03-13




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


2549003YWC1DW6LALB09




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of conditional award over 1,709,647 shares under the Man Group plc 2019 Long Term Incentive Plan.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


1,709,647




 




d)


Aggregated information


  N/A




e)


Date of the transaction


2020-03-13




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of nil cost share option over 171,474 shares under the Man Group plc 2019 Deferred Share Plan.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


171,474




 




d)


Aggregated information


  N/A




e)


Date of the transaction


2020-03-13




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


 Group Chief Operating Officer and General Counsel, 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


2549003YWC1DW6LALB09




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of nil cost share option over 570,903 shares under the Man Group plc 2019 Deferred Share Plan.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


570,903




 




d)


Aggregated information


N/A




e)


Date of the transaction


2020-03-13




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of nil cost share option over 781,553 shares under the Man Group plc 2019 Deferred Share Plan.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


781,553




 




d)


Aggregated information


  N/A




e)


Date of the transaction


2020-03-13




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


2549003YWC1DW6LALB09




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of nil cost share option over 781,553 shares under the Man Group plc 2019 Deferred Share Plan.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


781,553




 




d)


Aggregated information


N/A




e)


Date of the transaction


2020-03-13




f)


Place of the transaction


Outside a trading venue




 
 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Shanta Puchtler




2


Reason for the notification




a)


Position/status


   Chief Executive Officer, Man Numeric




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


2549003YWC1DW6LALB09




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


JE00BJ1DLW90




b)


Nature of the transaction


Grant of nil cost share option over 409,195 shares under the Man Group plc 2019 Deferred Share Plan.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


409,195




 




d)


Aggregated information


N/A




e)


Date of the transaction


2020-03-13




f)


Place of the transaction


Outside a trading venue




 


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