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Director/PDMR Shareholding

26th Oct 2016 11:30

RNS Number : 5161N
Man Group plc
26 October 2016
 

 Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

 

Man Group plc (the "Company") received notification on 25 October 2016 that Luke Ellis, Chief Executive Officer of the Company, had:

· Exercised options to acquire, for nil consideration, 1,241,020 ordinary shares of 33/7 US cents each in the Company under the Man Group Deferred Share Plans. Those shares were delivered to Luke Ellis on 25 October 2016.

· Acquired 500,000 ordinary shares of 33/7 US cents each in the Company at a price of 125.711851 pence per share on 25 October 2016.

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

 

ENQUIRIES

 

Andrea Waters

Head of Investor Relations

+44 (0)20 7144 3508

[email protected] 

 

 

Rosanna Konarzewski

Global Head of Communications and Marketing

+44 (0)20 7144 1000

[email protected] 

 

 

Finsbury

Michael Turner

+44 (0)20 7251 3801

 [email protected] 

 

 

 

1

Details of 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

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Man Group plc

 

b)

LEI

5493008DK8RTOTIUZN73

 

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

 

Identification code

Ordinary shares of 33/7 US cents each in Man Group plc

 

 

GB00B83VD954

b)

Nature of the transaction

Exercise of share options for nil consideration under the Man Group Deferred Share Plans

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

1,241,020

 

d)

Aggregated information

Weighted Average Price

Aggregate Volume

Aggregate Total Price

Nil

1,241,020

Nil

 

e)

Date of transaction

25 October 2016

 

f)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of 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

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Man Group plc

 

b)

LEI

5493008DK8RTOTIUZN73

 

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

 

Identification code

Ordinary shares of 33/7 US cents each in Man Group plc

 

 

GB00B83VD954

b)

Nature of the transaction

Purchase of ordinary shares of 33/7 US cents

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.25711851

500,000

 

d)

Aggregated information

Weighted Average Price

Aggregate Volume

Aggregate Total Price

£1.25711851

500,000

£628,559.26

 

e)

Date of transaction

25 October 2016

 

f)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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