Director/PDMR Shareholding

RNS Number : 3546W

Prudential PLC

17 August 2020

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark FitzPatrick
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer and Group Chief Operating Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Prudential plc
b)	LEI	5493001Z3ZE83NGK8Y12
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB0007099541
b)	Nature of the transactions	(i)  Acquisition of shares for nil consideration following the release of an award made in 2017 under the Prudential Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee") (ii)  Sale of shares in relation to the transaction described in (i) above to cover withholding tax and fees
c)	Price(s) and volume(s)	Price(s) Volume(s) (i) Nil 79,604 (ii) GBP 12.60 37,452
d)	Aggregated information - Aggregated volume - Price	79,604 GBP 12.60
e)	Date of the transactions	2020-08-17
f)	Place of the transactions	London Stock Exchange

Additional information

This transaction relates to the release on 17 August 2020 of shares that were granted to Mark FitzPatrick on 16 August 2017 under the Prudential Long Term Incentive Plan. 

The shares released are subject to a further 2 year holding period during which period they will be held in a nominee account administered by the Trustee and cannot be charged, pledged, transferred or otherwise encumbered.

Prudential plc is an Asia-led portfolio of businesses focused on structural growth markets. The business helps people get the most out of life through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers and is listed on stock exchanges in London, Hong Kong, Singapore and New York. 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, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

Contact

Jennie Webb, Share Plans and Share Capital Manager, [phone]

Chris Smith, Deputy Group Secretary, [phone]

 

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