REG - Man Group plc - Director/PDMR Shareholding
11/03/2024 17:15
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240311:nRSK4087Ga&default-theme=true
RNS Number : 4087G Man Group plc 11 March 2024
Man Group plc
Notification of Transactions of Persons Discharging Managerial
Responsibilities
Man Group plc (the "Company") announces that, on 8 March 2024, 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)
Robyn Grew Chief Executive Officer Conditional award 1,034,620
Nil cost option 506,245
Antoine Forterre Chief Financial Officer Conditional award 639,583
Nil cost option 109,446
Steven Desmyter President Conditional award 181,741
Conditional award (5yr) 235,140
Conditional awards have been granted to the executive directors, Robyn Grew
and Antoine Forterre, 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. Options which
are held by participants subject to US tax will be exercised automatically as
soon as they become exercisable.
Conditional awards have been granted to Steven Desmyter under the Man GLG
Partners LLP 2019 Partner Deferred Share Plan. Conditional awards will vest,
and shares will be delivered, as to one third on each anniversary of grant.
Additional conditional awards, which will vest, and shares will be delivered
on the fifth anniversary of grant (or earlier if certain performance hurdles
have been met) have also been granted to Steven Desmyter.
The notifications below, made in accordance with the requirements of the UK
Market Abuse Regulation, provide further detail.
Enquiries:
Karan Shirgaokar
Director 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 Robyn Grew
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 1,034,620 shares under the Man Group plc 2019
Long Term Incentive Plan.
c) Price(s) and volume(s) Prices(s)
Volume(s)
Nil
1,034,620
d) Aggregated information N/A
e) Date of the transaction 2024-03-08
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 506,245 shares under the Man Group plc
2019 Deferred Share Plan.
c) Price(s) and volume(s) Prices(s)
Volume(s)
Nil
506,245
d) Aggregated information N/A
e) Date of the transaction 2024-03-08
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
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 639,583 shares under the Man Group plc 2019
Long Term Incentive Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 639,583
d) Aggregated information N/A
e) Date of the transaction 2024-03-08
f) Place of the transaction Outside a trading venue
d)
Aggregated information
N/A
e)
Date of the transaction
2024-03-08
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 109,446 shares under the Man Group plc
2019 Deferred Share Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 109,446
d) Aggregated information N/A
e) Date of the transaction 2024-03-08
f) Place of the transaction Outside a trading venue
d)
Aggregated information
N/A
e)
Date of the transaction
2024-03-08
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 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 conditional award over 181,741 shares under the Man GLG Partners LLP
2019 Partner Deferred Share Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 181,741
d) Aggregated information N/A
e) Date of the transaction 2024-03-08
f) Place of the transaction Outside a trading venue
d)
Aggregated information
N/A
e)
Date of the transaction
2024-03-08
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 conditional award over 235,140 shares under the Man GLG Partners LLP
2019 Partner Deferred Share Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 235,140
d) Aggregated information N/A
e) Date of the transaction 2024-03-08
f) Place of the transaction Outside a trading venue
d)
Aggregated information
N/A
e)
Date of the transaction
2024-03-08
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHEAXDFFESLEFARecent news on Man
See all newsREG - Man Group plc - Transaction in Own Shares
AnnouncementREG - Man Group plc - Transaction in Own Shares
AnnouncementREG - Man Group plc - Transaction in Own Shares
AnnouncementREG - Man Group plc - Transaction in Own Shares
AnnouncementREG - Man Group plc - Transaction in Own Shares
Announcement