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REG - Man Group plc - Director/PDMR Shareholding

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RNS Number : 9480S  Man Group plc  14 March 2023

 

Man Group plc

Notification of Transactions of Persons Discharging Managerial
Responsibilities

Man Group plc (the "Company") announces that, on 10 March 2023, awards or
options over ordinary shares of 3 (3/7) US cents each were granted under the
Group'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                                Conditional award        969,331
                   Nil cost option                                                                 252,704
 Antoine Forterre  Chief Financial Officer & Chief Operating Officer      Conditional award        576,311
                   Nil cost option                                                                 281,106
 Eric Burl         Head of Discretionary                                  Nil cost option          267,300
                   Nil cost option (5yr)                                                           587,473
 Steven Desmyter   Global Head of Sales & Marketing                       Conditional award (5yr)  587,473
 Robyn Grew        President                                              Nil cost option          220,302
                   Nil cost option (5yr)                                                           881,210
 Mark Jones        Deputy Chief Executive Officer                         Nil cost option          475,853

 

Conditional awards have been granted to directors 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 (or
earlier if certain performance hurdles have been met), have been granted to
Eric Burl and Robyn Grew 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.

A conditional award has been granted under the Man GLG Partners LLP 2019
Partner Deferred Share Plan to Steven Desmyter.  Conditional awards will
vest, and shares will be delivered on the fifth anniversary of grant (or
earlier if certain performance hurdles have been met).

 

The notifications below, made in accordance with the requirements of the UK
Market Abuse Regulation, provide further detail.

Enquiries:

Karan Shirgaokar

Head of Investor Relations

+44 20 7144 1434

investor.relations@man.com (mailto:investor.relations@man.com)

 

Georgiana Brunner

Head of Communications

+44 20 7144 1239

media@man.com (mailto:media@man.com)

 

Elizabeth Woods

Company Secretary

+44 20 7144 1733

company.secretarial@man.com (mailto:company.secretarial@man.com)

 

Neil Doyle

FTI Consulting

+44 20 7197 8220

man@fticonsulting.com (mailto:man@fticonsulting.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
 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 969,331 shares under the Man Group plc 2019
                                                                     Long Term Incentive Plan.
 c)     Price(s) and volume(s)                                       Prices(s)
                                                                     Volume(s)

                                                                     Nil
                                                                     969,331
 d)     Aggregated information                                       N/A
 e)     Date of the transaction                                      2023-03-10
 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 252,704 shares under the Man Group plc
                                                                      2019 Deferred Share Plan.
 c)      Price(s) and volume(s)                                       Prices(s)
                                                                      Volume(s)

                                                                      Nil
                                                                      252,704
 d)      Aggregated information                                       N/A
 e)      Date of the transaction                                      2023-03-10
 f)      Place of the transaction                                     Outside a trading venue

 

 

 

 

 

 

 

 1      Details of the person discharging managerial responsibilities/person closely
        associated
 a)     Name                                                         Antoine Forterre
 2      Reason for the notification
 a)     Position/status                                              Chief Financial Officer and Chief Operating Officer
 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 576,311 shares under the Man Group plc 2019
                                                                     Long Term Incentive Plan.
 c)     Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                     Nil       576,311
 d)     Aggregated information                                         N/A
 e)     Date of the transaction                                      2023-03-10
 f)     Place of the transaction                                     Outside a trading venue

d)

Aggregated information

  N/A

e)

Date of the transaction

2023-03-10

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 281,106 shares under the Man Group plc
                                                                  2019 Deferred Share Plan.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       281,106
 d)  Aggregated information                                         N/A
 e)  Date of the transaction                                      2023-03-10
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

  N/A

e)

Date of the transaction

2023-03-10

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Eric Burl
 2   Reason for the notification
 a)  Position/status                                                 Head of Discretionary
 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 267,300 shares under the Man Group plc
                                                                  2019 Deferred Share Plan.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       267,300
 d)  Aggregated information                                       N/A
 e)  Date of the transaction                                      2023-03-10
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A

e)

Date of the transaction

2023-03-10

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 587,473 shares under the Man Group plc
                                                                      2019 Deferred Share Plan.
 c)      Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                      Nil       587,473
 d)      Aggregated information                                         N/A
 e)      Date of the transaction                                      2023-03-10
 f)      Place of the transaction                                     Outside a trading venue

d)

Aggregated information

  N/A

e)

Date of the transaction

2023-03-10

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

 

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                           Steven Desmyter
 2   Reason for the notification
 a)  Position/status                                                 Global Head of Sales and Marketing
 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 conditional award over 587,473 shares under the Man GLG Partners LLP
                                                                  2019 Partner Deferred Share Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       587,473
 d)  Aggregated information                                       N/A
 e)  Date of the transaction                                      2023-03-10
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A

e)

Date of the transaction

2023-03-10

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                                                 President
 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 220,302 shares under the Man Group plc
                                                                  2019 Deferred Share Plan.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       220,302
 d)  Aggregated information                                       N/A
 e)  Date of the transaction                                      2023-03-10
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A

e)

Date of the transaction

2023-03-10

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 881,210 shares under the Man Group plc
                                                                      2019 Deferred Share Plan.
 c)      Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                      Nil       881,210
 d)      Aggregated information                                         N/A
 e)      Date of the transaction                                      2023-03-10
 f)      Place of the transaction                                     Outside a trading venue

d)

Aggregated information

  N/A

e)

Date of the transaction

2023-03-10

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                                                 Deputy Chief Executive Officer
 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 475,853 shares under the Man Group plc
                                                                  2019 Deferred Share Plan.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       475,853
 d)  Aggregated information                                       N/A
 e)  Date of the transaction                                      2023-03-10
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A

e)

Date of the transaction

2023-03-10

f)

Place of the transaction

Outside a trading venue

 

 

 

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