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