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NEUTRAL

M&G Grants Performance Share Awards to Executives

Why we think this is neutral

This RNS announcement is related to the granting of performance share awards to M&G's executive directors, which is a routine corporate action and does not contain any significant news that would impact the company's fundamentals or share price.

Key Points

  • M&G plc granted nil-cost option awards under its Performance Share Plan 2019 to the CEO and CFO
  • The awards are subject to performance conditions over 3 years and a 2-year holding period
  • The additional awards were granted at the same share price as the original grant on 1 April 2025

Summary

The retailer has announced the grant of performance share awards to its executive directors, in line with the company's remuneration policy.

M&G plc has granted nil-cost option awards under its Performance Share Plan 2019 to the Chief Executive Officer and Chief Financial Officer. The awards are subject to the achievement of performance conditions over a three-year period, with a subsequent two-year holding period. The additional awards were granted at the same share price as the original grant on 1 April 2025, which was approved by shareholders.

DIRECTOR DEALINGS