M&G PLC Directors' Shares Boosted by Accrual of Dividend Equivalent Shares from Deferred Incentive and Performance Share Plans
In accordance with the Market Abuse Regulation, M&G PLC has disclosed transactions that have resulted in some of their key executives receiving an increase in their shareholding of the company. According to a company announcement made on May 13, 2025, the accrual of dividend equivalent shares was due to the payment of an interim dividend of 13.5 pence per share on May 9, 2025.
The equivalent shares were accrued from deferred incentive and long-term incentive share plans held by the executives on the dividend record date. The very same performance conditions, vesting date, and holding period that applied to the original award, also extend to these new shares. The sum total of these transactions equates to a significant boost in shares for these executives.
- •Director/PDMR Shareholding investegate.co.uk13-05-2025