Director/PDMR Shareholding

RNS Number : 2708W

Prudential PLC

17 August 2015

 



Prudential plc (the "Company")

Notification of interests of Persons Discharging Managerial Responsibility (PDMRs) and connected persons

This announcement is made in accordance with the requirements of DTR 3.1.4R(1)(a).

The Company made the following award to a PDMR under the Prudential Long Term Incentive Plan (PLTIP) on 14 August 2015.

Under the PLTIP the Remuneration Committee can make conditional share awards over ordinary shares of 5p and American Depository Receipts (ADRs) to executives. The awards made will only be released on 14 August 2018 subject to the achievement of performance criteria.  As set out in detail in the 2014 Directors' Remuneration Report, awards will only be released in full if stretching performance targets in respect of  Total Shareholder Return and IFRS Operating Profit are met.

Details of the PLTIP award are shown in the table below.

The following award of ordinary shares of 5p in the Company has been made at a market price of £15.54:

Name	Total number of conditional shares held  before award	Number of conditional shares  awarded	Total number of conditional shares held  following award	Total beneficial interest	Total interest in shares  ( % of issued share capital)
A Porter	74,400	15,544	89,944	11,798	101,742 (0.004%)

Additional Information

Prudential plc is not affiliated in any manner with Prudential Financial Inc, a company whose principal place of business is in the United States of America.

Date of Notification 17 August 2015

Contact

Jennie Webb, Share Plans Manager, [phone]

Stefan Bort, Deputy Group Secretary, [phone]  

 

END

 

 

RDSPRMJTMBABBJA