REG - Man Group plc - Director/PDMR Shareholding

ManAnnouncement

13/03/2020 16:45

RNS Number : 1668G
  
Man Group plc
  
13 March 2020
  
 

Man Group plc 
 
Man Group plc (the "Company") announces that, on 12 March 2020, 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 102.05 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


736,636


-


841,080




Conditional award


104,444




Mark Jones


Chief Financial Officer, 
Man Group plc


Nil cost option


140,622


-
 


582,461




Conditional award


441,839




Robyn Grew


Group Chief Operating Officer and General Counsel, Man Group plc


Nil cost option


936,197


670,925


707,111




Conditional award


441,839




Sandy Rattray


Chief Investment Officer, Man Group plc 


Nil cost option


549,450


1,820,039


-
 




Conditional award


1,270,589




Shanta Puchtler


Chief Executive Officer, 
Man Numeric 


Nil cost option


211,660


211,660


-




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
 
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


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


 
Acquisition of 441,839 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2015 Deferred Share Plan.
 
Acquisition of 215,215 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan. 
 
Acquisition of 79,582 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2018 Deferred Share Plan. 
 
Acquisition of 104,444 shares pursuant to the vesting of an award granted under the Man Group Ltd 2013 Deferred Executive Incentive Plan.
 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


441,839




nil


215,215




nil


79,582




nil


104,444




 




d)


Aggregated information






Price(s)


Volume(s)




nil


841,080




 




e)


Date of the transaction


2020-03-12




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


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


 
Acquisition of 441,839 shares pursuant to the vesting of an award granted under the GLG Partners LLP 2015 Partner Deferred Share Plan.
 
Acquisition of 50,081 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan. 
 
Acquisition of 90,541 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2018 Deferred Share Plan.
 
 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


441,839




nil


50,081




nil


90,541




 




d)


Aggregated information






Price(s)


Volume(s)




nil


582,461




 




e)


Date of the transaction


2020-03-12




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


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


Acquisition of 42,822 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan.
 
Acquisition of 416,543 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan.
 
Acquisition of 93,685 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan.
 
Acquisition of 85,312 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2018 Deferred Share Plan
 
Acquisition of 297,835 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2018 Deferred Share Plan
 
Acquisition of 441,839 shares pursuant to the exercise of a nil cost share option granted under the GLG Partners LLP 2015 Partner Deferred Share Plan.




 


 


 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


42,822




nil


416,543




nil


93,685




nil


85,312




nil


297,835




nil


441,839




 




d)


Aggregated information






Price(s)


Volume(s)




nil


1,378,036




 




e)


Date of the transaction


2020-03-12




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


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


Sale of shares to cover tax liabilities.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




102.05


670,925




 




d)


Aggregated information






102.05


670,925




 




e)


Date of the transaction


2020-03-12




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


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


Acquisition of 205,723 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan. 
 
Acquisition of 45,892 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2018 Deferred Share Plan
 
Acquisition of 297,835 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2018 Deferred Share Plan
 
Acquisition of 441,839 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2014 Partner Deferred Share Plan.
 
Acquisition of 141,121 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2016 Partner Deferred Share Plan.
 
Acquisition of 46,793 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2016 Partner Deferred Share Plan.
 
Acquisition of 640,836 shares pursuant to the vesting of an award granted under the AHL Partners LLP 2016 Partner Deferred Share Plan.
 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


205,723




nil


45,892




nil


297,835




nil


441,839




nil


141,121




nil


46,793




nil


640,836




 




d)


Aggregated information






Price(s)


Volume(s)




nil


1,820,039




 




e)


Date of the transaction


2020-03-12




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


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


Sale of shares 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




102.05


1,820,039




 




d)


Aggregated information






102.05


1,820,039




 




e)


Date of the transaction


2020-03-12




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


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


 
Acquisition of 38,794 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan.
 
Acquisition of 99,173 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2016 Deferred Share Plan.
 
Acquisition of 73,693 shares pursuant to the exercise of a nil cost share option granted under the Man Group Ltd 2018 Deferred Share Plan
 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


38,794




nil


99,173




nil


73,693




 




d)


Aggregated information






Price(s)


Volume(s)




nil


211,660




 




e)


Date of the transaction


2020-03-12




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 
 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


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


Sale of shares 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




102.05


211,660




 




d)


Aggregated information






102.05


211,660




 




e)


Date of the transaction


2020-03-12




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 


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