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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