M&G PLC (OTCPK:MGPUF)

$ 2.644 0.164 (6.61%) Market Cap: 6.31 Bil Enterprise Value: 9.88 Bil PE Ratio: 30.39 PB Ratio: 1.32 GF Score: 43/100

M&G PLC Business Update and Q&A - Conference Call Transcript

May 27, 2020 / 07:30AM GMT

Release Date Price: $1.38

Transcript

Operator

Ladies and gentlemen, welcome to today's M&G Business Update Q&A Call.

My name is Jordan, and I'll be coordinating your call today. (Operator Instructions)

I'm now going to hand over to Spencer Horgan to begin. Spencer, please go ahead.

Spencer Horgan

M&G plc - Director of IR

Good morning, everybody, and thank you for joining us.

You'll have seen the 2 pieces of news in our announcement this morning: firstly, quarterly business update, which we're doing by exception in this unprecedented situation; and secondly, we've announced the acquisition of the Ascentric digital wrap and wealth management platform in the U.K. market.

With me as usual, I have our CEO, John Foley; and CFO, Clare Bousfield. Also joining us in light of the transaction we've announced is David Macmillan, our Chief Customer and Distribution Officer. I'll hand it over to John for some opening remarks, and then we'll be ready for the Q&A session. In that session, we will not be providing additional financial details over and above those you

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