Investor Relations

 

We aim to maximise shareholder returns by delivering attractive, risk adjusted returns for clients and by operating and allocating capital efficiently.

Antoine ForterreChief Financial Officer, Man Group

 

Man Group is one of the world’s largest independent active investment management firms, focussed on delivering attractive risk adjusted performance for our clients.

Our investment management businesses, Man AHL, Man Numeric, Man GLG, Man GPM, Man Varagon and Man FRM, have combined funds under management of US$ 167.5bn*. These are centrally supported by an integrated business model where our back and middle office functions, as well as our sales capacity, work seamlessly across the whole group.

Technology is key to the on-going success of our business. We aim to ensure we are at the forefront of the technological curve with regards to investment and risk management, trading and operations.

* as at 31 December 2023.

Results Centre

Key Documents

Financial Reports

 

FY

Results for the financial year ended 31 December 2023

Q3

Trading statement for the quarter ended 30 September 2023

HY

Half year results for the six months ended 30 June 2023

Q1

Trading statement for the quarter ended 31 March 2023

 

Key Documents

Financial Reports

 

FY

Results for the financial year ended 31 December 2022

Q3

Trading statement for the quarter ended 30 September 2022

HY

Half year results for the six months ended 30 June 2022
 
Investor day

Q1

Trading statement for the quarter ended 31 March 2022

Key Documents

Financial Reports

FY

Results for the financial year ended 31 December 2021

Q3

Trading statement for the quarter ended 30 September 2021

HY

Half year results for the six months ended 30 June 2021

Q1

Trading statement for the quarter ended 31 March 2021

Key Documents

Financial Reports

FY

Results for the financial year ended 31 December 2020

Q3

Trading statement for the quarter ended 30 September 2020

HY

Half year results for the six months ended 30 June 2020

Q1

Trading statement for the quarter ended 31 March 2020

Key Documents

Financial Reports

FY

Results for the financial year ended 31 December 2019

Q3

Trading statement for the quarter ended 30 September 2019

HY

Interim results for the six months ended 30 June 2019

Q1

Trading statement for the quarter ended 31 March 2019

 

Facts and Figures

 

Man Group
AUM
US$ 167.5bn
Alternative
AUM
US$ 109.6bn
Long-only
AUM
US$ 57.9bn
Net Flows
2023
US$ 3.0bn
Institutional AUM
2023
78%
AUM from clients invested in 2+ products in 2023
US$ 122.7bn
Core Net Revenue
2023
US$ 1,196mn
Core Profit Before Tax
2023
US$ 340mn
Core EPS
2023
22.4¢
Core Management Fee EPS
2023
18.4
¢
Dividend
2023
16.3¢
Employees
December 2023
1,815
 

All information is as at 31 December 2023. unless otherwise indicated.

Shareholder Meetings

Annual General Meeting 2024

The 2024 AGM will be held on Thursday 9th May 2024 at Man Group’s offices at Riverbank House, 2 Swan Lane, London EC4R 3AD. Registration will take place from 9.30am and the AGM will start at 10.00am.

We encourage you to monitor our website www.man.com/investor-relations, where we will communicate any changes to the AGM arrangements, should the need arise.

Shareholders are welcome to join the meeting via WebEx or telephone (please note that you will only be able to ask questions during the meeting using the WebEx messaging function and not by telephone). Full details on how to join will be posted here in due course.

The Notice of AGM, which includes an explanation of the business of the meeting, and a map showing the meeting location can be found below together with the Form of Proxy:

 

Voting

Voting at the meeting will be conducted by poll as this delivers a fairer representation of shareholder views and is best practice at large company AGMs. Further details of the poll procedure are given on page 11 of the Notice of AGM. If you are not attending the meeting in person, you may vote on each of the resolutions set out in this Notice by either completing and returning a Form of Proxy or by completing a form online via our Registrar’s website (www.sharevote.co.uk), in each case so that it is received by our Registrars no later than 10.00am on 7 May 2024.

The results of the poll will be made available on this website, as soon as practical following the conclusion of the AGM.

Shareholder Questions

We are keen to hear your views, and to answer your questions on the business of the AGM. We recommend that you submit your questions in advance by emailing us at agm@man.com as soon as possible and before 5.00pm on 25 April 2025. This will enable us to respond to you before the deadline for appointing proxies, so that you can make a fully informed voting decision should you choose to vote by proxy. Please include your full name and your shareholder reference number in your email. Responses to all pre-submitted questions will be available here by 5.00pm on 2 May 2024.

Annual General Meeting 2023

The 2023 AGM took place on 5 May 2023 at Riverbank House, 2 Swan Lane, London EC4R 3AD and via a live webcast. Shareholders were given the opportunity during the webcast to listen to the AGM presentation and ask questions of the directors using the functionality in the webcast. The directors also responded to pre-submitted questions from shareholders.

Voting at the AGM was conducted via a poll, based on the proxy instructions received in advance of the meeting. The poll results, Notice of AGM and the presentation given to shareholders can be found below:

 

Annual General Meeting 2022

The 2022 AGM took place on 6 May 2022 at Riverbank House, 2 Swan Lane, London EC4R 3AD and via a live webcast. Shareholders were given the opportunity during the webcast to listen to the AGM presentation and ask questions of the directors using the functionality in the webcast. All resolutions were passed by the requisite majority.

Voting at the AGM was conducted via a poll, based on the proxy instructions received in advance of the meeting. The poll results, Notice of AGM and the presentation given to shareholders can be found below:

Annual General Meeting 2021

The AGM was held on 7 May 2021. Due to the UK Government's restrictions on public gatherings because of the COVID-19 pandemic, the AGM was held via a live webcast. Shareholders were given the opportunity during the webcast to listen to the AGM presentation and ask questions of the directors using the functionality in the webcast. The directors also responded to pre-submitted questions from shareholders.

Voting at the AGM was conducted via a poll, based on the proxy instructions received in advance of the meeting. The poll results, Notice of AGM and the presentation given to shareholders can be found below:

Annual General Meeting 2020

The AGM was held on 1 May 2020, due to the COVID-19 pandemic and government Stay at Home measures prohibiting, among other things, public gatherings of more than two people, it was held via a live webcast. Shareholders were given the opportunity during the webcast to listen to the AGM presentation and ask questions of the directors using the functionality in WebEx. Voting at the AGM was conducted via a poll, based on the proxy instructions received in advance of the meeting. All resolutions were passed by the requisite majority. The poll results, Notice of AGM and the presentation given to shareholders can be found below:

 

Dividend Information

​​Man Group normally declares and pays dividends twice per year, following the announcement of the final and interim results of the Company. Shareholders can receive the payment as cash paid either directly into a bank or building society account or by cheque. Alternatively, shareholders can choose to reinvest their dividend payment into the Company, by joining the Man Group Dividend Reinvestment Plan (DRIP) - details of which can be found below.

Final dividend

For the year ended 31 December 2023

Announcement date 29 February 2024
Ex-dividend date 11 April 2024
Record date 12 April 2024
Announcement of Sterling conversion rate 9 May 2024
Payment date 22 May 2024
Dividend amount 10.7¢

Dividend History

Dividend no Payment date Amount per share
(pence except where indicated)
Ex-dividend date Record date DRIP DRIP share
price (p)
DRIP share
purchase date
O/34 22/05/24 10.7¢ 11/04/24 12/04/24 Yes - -
O/33 22/09/23 4.42 10/08/23 11/08/23 Yes 216.45 22/09/23
O/32 19/05/23 8.07 06/04/23 11/04/23 Yes 220.8133 22/05/23
O/31 09/09/22 4.7 11/08/22 12/08/22 Yes 257.3745 09/09/22
O/30 20/05/22 6.74 07/04/22 08/04/22 Yes 237.6544 23/05/22
O/29 03/09/21 4.06 05/08/21 06/08/21 Yes 217.857 03/09/21
O/28 21/05/21 4.1 08/04/21 09/04/21 Yes 175.0289 25/05/21
O/27 02/09/20 3.7 06/08/20 07/08/20 Yes 122.6328 02/09/20
O/26 15/05/20 4.1 02/04/20 03/04/20 Yes 134.985 19/05/20
O/25 04/09/19 3.87 08/08/19 09/08/19 Yes 174.1271 06/09/19
O/24 17/05/19 4.06 04/04/19 05/04/19 Yes 152.3066 20/05/19

A full history of the dividends paid by the company can be found by clicking here.

Dividend Bank Mandates

In the UK shareholders can choose to have their dividend payments credited directly into their bank or building society account on the dividend payment date.

If you would like to arrange for your payments to be made directly into your account, please complete the dividend mandate form below and return to Equiniti, at the address shown.

Dividend Reinvestment Plan (DRIP)

The Company offers a Dividend Reinvestment Plan which gives shareholders the opportunity to use their dividend to purchase further Man Group plc shares. Shareholders receive as many whole shares as can be bought with their dividend, taking into account any costs of the DRIP. Any residual monies left, after purchasing the shares out of your dividend payment, will be added to your next dividend payment.

The DRIP terms and conditions and the DRIP mandate form, can be found below. Should you have any questions on the scheme, please contact Equiniti, on 0371 384 2112 or +44 (0)121 415 7592 from overseas.

Frequently Asked Questions

On what stock exchange are Man Group plc shares traded?

Shares in Man are listed on the London Stock Exchange.

What is the stock/ticker symbol for Man Group plc shares?

The stock/ticker symbol for ordinary Man Group plc shares, as listed on the London Stock Exchange, is EMG.

What is a Registrar?

Your shareholding in any company is recorded on a register of shareholders, which is individual to each company. A Registrar is a person or organisation that maintains the register on behalf of the Company, which includes updating shareholders details. The Registrar will also provide other services including the facilitation of the Company’s dividend payments and distribution of share certificates. Man’s Registrar is Equiniti Limited.

How do I contact the Registrar?

You can call or write to the Company’s Registrar, Equiniti, using the details below. Alternatively, you can manage many aspects of your shareholding by registering for Shareview, Equiniti’s online service. In order to register for this service you will need your shareholder reference number, which can be found on your share certificate and your dividend tax voucher.

Equiniti Limited
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
Tel: 0371 384 2112 (or +44 121 415 7592 if calling from overseas)
Website: www.shareview.co.uk

How can I buy or sell shares?

You can buy shares using any stockbroker or bank that offers a share dealing service in the UK, or in your country of residence if outside the UK. Man has arranged for a share dealing service to be available to purchase or sell Man Group plc shares, in the UK. The service is provided by Equiniti Financial Services Limited and can be accessed via the Shareview website. For telephone dealing please call 03456 037 037 between 8.00am and 4.30pm Monday to Friday.

How will I receive shareholder documents?

Legislation has been introduced which enable companies to communicate with their shareholders by electronic means. Electronic communications (e-communications) enable the Company to communicate with our shareholders in a more timely, environmentally friendly and cost-effective manner, which is in the interest of all shareholders. For these reasons the Company has decided to provide all relevant shareholder documents, including the mailing of the Annual Report and Notice of AGM, via the Company’s website, except where shareholders have requested a paper copy of the documents.

If you have signed up to receive e-communications via Equiniti’s Shareview website, you will receive an e-mail notification confirming that the documents are available on the Company’s website. If you would like to register on the Shareview site please have your shareholder reference number available, this can be found on your share certificate and dividend tax vouchers. If you have not registered for this service, we will send you a letter informing you that the documents are available from the website. You can continue to receive hard copies of Man’s communications by contacting Equiniti using the details above.

Why do I no longer receive a copy of the Interim Report?

As part of our electronic communications (e-communications) programme we have decided not to produce a printed copy of our Interim report. Instead, the Interim Report will be published on our website following release of our Interim results to the market. If you would like us to send a hard copy of our Interim Report, please e-mail us or telephone 020 7144 1000.

How can I contact the Company?

Different contacts within the organisation can be found on the contact page.

What should I do with my share certificate?

Share certificates are evidence of your ownership and should be kept in a safe place. You will need them if you want to sell all or some of your shares in the future. Share certificates are posted to shareholders at their own risk.

What is Capital Gains Tax?

Capital Gains Tax is a tax on the profit or gain you make when you sell or ‘dispose of’ an asset (e.g. shares). Please note that Man is unable to offer advice on capital gains tax and should you have any questions, or are unsure of your position, you should contact a duly authorised independent financial advisor.

What company details should be on my share certificate?

Updated Man share certificates are printed on white paper with Company Number: 127570 and should be retained.

What is my shareholder reference number?

Your shareholder reference number is a unique 11-digit account number, which should be quoted when corresponding with our Registrar, Equiniti. The number is detailed at the top of your share certificate and on dividend tax vouchers.

Why do I receive multiple sets of documentation whenever you send anything to me?

If you have acquired shares in Man on more than one occasion, but the name and address you supplied to the Registrar differed, even slightly, from the existing details held, another account may have been created. If this happens and you want the accounts combined, you should contact Equiniti.

How do I register my change of address?

If you have registered with Equiniti’s Shareview website, you can update your address details on-line. Alternatively, you can complete the change of address form and return to Equiniti at the address shown on the form.

How do I register my change of name?

In order to register your change of name you will need to send Equiniti original documents confirming this change (e.g. your marriage certificate or change of name deed). Once the change has been processed, the original documents will be returned to you.

How do I transfer my shares to someone else?

If you hold a paper share certificate you can transfer your shares by completing a stock transfer form and returning it to the Registrar.

What do I do if I lose my share certificate?

If your certificate is lost, stolen or destroyed, you should contact the Company’s Registrar, Equiniti, as soon as you can. Equiniti will need to arrange for you to complete an indemnity covering the Company for any loss and you will be charged for this. Once this process is completed, Equiniti will send you a duplicate certificate.

How do I register the death of a shareholder?

Initially you should call Equiniti and notify them of the shareholders death. They will then add a notification of death restriction to the account. This will prevent future dividends being paid to the deceased shareholder.

If the shares were held solely in the name of the deceased, you should send Equiniti an official copy of the document by which the deceased’s legal personal representative was appointed, usually the grant of probate or letters of administration, impressed with the court seal. The name of the legal personal representative will be put on the register. The shares can then be sold by the personal representative, or transferred to the deceased’s beneficiary.

If the value of the deceased’s estate is below certain limits, the death can be registered using the small estates procedure. Details of the current limits and the procedure involved can be obtained from Equiniti.

If the shares were held jointly by the deceased and another person, a copy of the death certificate must be sent to Equiniti. The shares will then be registered in the name(s) of the surviving holder(s), and the relevant share certificates will be amended to reflect this.

How can I confirm the number of shares I hold?

If you have registered with Equiniti’s Shareview website, you can see this information on-line at www.shareview.co.uk. Alternatively, you can contact Equiniti on 0371 384 2112 (or +44 121 415 7592 if calling from overseas), who will be able to confirm your shareholding.

How can I calculate the value of my shares?

Using the share price information provided above in the Share Price section you can calculate the value of your share holding, at both the purchase date and at present.

I hold certificates which quote Man Group plc Ordinary shares of 18 US cents each or Man Group plc Ordinary shares of 3 US cents each. Are these still valid?

No. Only share certificates relating to Man Group plc Ordinary shares of 3 3/7 US cents, issued on or after the latest consolidation on 28 May 2019 are valid.

What is an AGM?

AGM stands for Annual General Meeting, which the Company is required to hold every year and which every shareholder is invited to attend. The meeting reviews Man’s performance over the year and provides an opportunity for shareholders to ask questions and vote on key issues, such as the appointment of directors and the authority of the directors to issue shares. 

What is a General Meeting?

A General Meeting is a meeting of shareholders which is only held when it is necessary for shareholders to approve special business proposals which require approval before the next AGM.

How can I find out about the AGM?

Information on the Company’s AGM can be found in the Shareholder Meetings section of the Company’s website. This includes the Notice of Meeting and poll results (if the meeting has already occurred). 

What if I cannot attend the AGM?

If you cannot attend the AGM in person, you are still able to vote on the proposed resolutions and to ask questions on the business of the meeting. Prior to the meeting, if the shares are held in your own name, you will be sent details of how you can vote on the resolutions. Between the distribution of the Notice of the Meeting and the AGM, you can submit questions to the Board of directors by e-mail. Further information can be found can be found in the Shareholder Meetings section of the Company’s website.

You can also name somebody else to attend the meeting on your behalf (a ‘proxy’) or you can appoint the Chairman of the meeting as your proxy. You can ask your proxy to vote the way you wish or to vote at their discretion.

What is a dividend?

A dividend is an amount, taken from the Company’s profits, paid out to shareholders for each share they hold.

How frequently are dividends paid?

Man generally pays dividends twice per year, following the announcement of the final and interim results. Any final or interim dividends are usually paid in July and December respectively.

Why do you declare your dividends in US dollars but pay them in sterling?

Man Group plc is listed on the London Stock Exchange, however Man's functional currency is US dollars and therefore dividends are declared in US dollars, with an equivalent amount in Sterling payable to shareholders. The Sterling conversion rate which is used to pay shareholders is usually announced to the market following the record date and prior to the final payment. All relevant dividend timetable dates are announced to the market alongside announcement of the dividend.

How do you set the exchange rate for dividend payments?

The dividend exchange rate is determined with reference to the average of the market exchange rates on the three working days prior to announcement of the rate. All relevant dividend timetable dates are announced to the market alongside announcement of the dividend.

Can I choose which currency I receive my dividends in?

Man only pays its dividends in Sterling. Shareholders based outside the UK, can ask Equiniti to arrange payments directly into their bank account, although there is a charge for this service. For further information please visit Equiniti’s website.

How are dividends paid?

Dividends are generally paid in cash and can be paid either by cheque, or directly into your bank or building society account. You can also choose to use your dividend to purchase further shares in the Company, by joining the Dividend Reinvestment Plan.

What is a DRIP?

DRIP stands for Dividend Reinvestment Plan, which gives shareholders the opportunity to use their dividend to purchase further Man Group plc shares. Shareholders receive as many whole shares as can be bought with their dividend, taking into account any costs of the DRIP. Any residual monies left, after purchasing the shares out of your dividend payment, will be added to your next dividend payment.

How do I obtain the Company’s dividend history?

A full history of the dividends paid to shareholders can be found here.

What was the price of my DRIP shares?

You can find the price of your DRIP shares by looking at the Company’s dividend history.

What should I do if I have lost my dividend cheque?

If you have lost your dividend cheque you should contact Equiniti immediately, confirming that the payment has been lost. They will then arrange for the cheque to be stopped and issue you with a duplicate cheque. Please note that there may be a charge for this service.

To avoid any further loss, you may wish to consider arranging for the dividend to be paid directly into your bank account, which can be done by completing the dividend mandate form and returning it to Equiniti.

What should I do if I have lost my tax voucher?

If you lose a tax voucher you should contact Equiniti, confirming which tax voucher has been lost. A duplicate will be issued upon payment of an administration charge.

What are E-communications?

-communications stands for electronic communications which enable us to communicate with you via e-mail and our website, rather than sending you printed documents. The service is run by Equiniti, through the Shareview website, a class="text-link external-link splash-other" href="http://www.shareview.co.uk" target="_blank">www.shareview.co.uk. You will need to have your shareholder reference number, which can be found on your share certificate or tax vouchers. The Shareview website enables you to:

E-communications stands for electronic communications which enable us to communicate with you via e-mail and our website, rather than sending you printed documents. The service is run by Equiniti, through the Shareview website. You will need to have your shareholder reference number, which can be found on your share certificate or tax vouchers.
  • Receive important shareholder communications by e-mail
  • Access details of your shareholding in Man
  • Change your details on-line, including postal address, e-mail address, mailing preference and dividend mandate

Why should I sign up for E-communications?

E-communications enables the Company to communicate with you in a more timely, secure and convenient manner; it also enables the Company to communicate in a more environmentally friendly and cost-effective way, which is in the interests of all shareholders.

What will I receive?

At the time of a shareholder mailing, you will receive an e-mail containing links to the Man website, where copies of the relevant documents can be downloaded. This includes the mailing of the annual report and Notice of AGM. 

How can I register to receive E-communications?

You will need to be registered with Equiniti’s Shareview website, www.shareview.co.uk. In order to register for this service, you will need your shareholder reference number, which can be found on your share certificate and dividend tax vouchers. Once registered, you will need to change your mailing preference to e-communications and provide your e-mail address.

Can I continue to receive hard copies of company documents?

You can continue to receive hard copies of Man’s communications by contacting Equiniti, by telephone on 0371 384 2112 (or +44 415 7592 if calling from overseas) or at the following address:

Equiniti Limited
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA

Be aware!

Many companies have become aware that their shareholders have received unsolicited phone calls or correspondence concerning investment matters. These are typically from overseas ‘brokers’ who target shareholders offering to sell them what often turn out to be worthless or high risk shares, generally in US or UK investments.

These callers can be very persistent and extremely persuasive and their activities have resulted in considerable losses for some investors. It is not just the novice investor that has been deceived in this way; many of the victims have been successfully investing for several years. Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount or offers of free company reports.

If you receive any unsolicited offers of investment advice:

  • Make sure you get the correct name of the person and organisation
  • Check that they are properly authorised (for example, in the UK by the Financial Conduct Authority) before getting involved
  • The Financial Conduct Authority also maintains on its website a list of unauthorised overseas firms who are targeting, or have targeted, UK investors and any approach from such organisations should be reported to the Financial Conduct Authority so that this list can be kept up to date and any other appropriate action can be considered. The Financial Conduct Authority can be contacted by completing an online form
  • If unsolicited calls persist, hang up

If you deal with an unauthorised firm, you would not be eligible to receive payment under the Financial Services Compensation Scheme.

More detailed information on this or similar activity can be found
here.

Details of any share dealing facilities that the Company endorses will be included in company mailings.

Unsolicited mail

You may also receive unsolicited mail from a variety of commercial organisations who have obtained your address from our publicly available share register. If you wish to stop such mailings please contact:

The Mailing Preference Service (MPS)
FREEPOST 29 LON20771
London
W1E 0ZT
Tel: 0845 703 4599
E-mail: mps@dma.org.uk
Register on-line at www.mpsonline.org.uk

Registering with the MPS will stop most unsolicited consumer advertising material.

 

Man Group LIBOR Transition Programme

LIBOR is one of the most commonly used interest rate benchmarks in global financial markets. Its publication is expected to cease by the end of 2021.

Man Group is fully engaged to prepare and manage the transition away from LIBOR and is currently analysing the potential changes for our clients and stakeholders in connection with the discontinuation of LIBOR.

Our Contacts

Karan Shirgaokar

Head of Investor Relations

Tel: +44 (0)20 7144 1434

E-mail: investor.relations@man.com

Company Secretary

Notification of major interests in shares (TR-1)

E-mail: Company.Secretarial@man.com

Elizabeth.Woods@man.com

 

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