Director/PDMR Shareholding

RNS Number : 2368P
Prudential PLC
15 October 2021
 

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

 

Michael Wells

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Executive (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 transaction(s)

 

 

(i)  Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

(ii)  Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

 

The number of additional shares accumulated is based on the ten-day average of the Prudential plc share price from 20 September to 1 October 2021 and on the Jackson Financial Inc. share price that regular shareholders received if they used the Company share sale facility shortly after the demerger.

c)

 

Price(s) and volume(s)

 

 

 

 

 


Price(s)

Volume(s)

(i)

Nil

37,017

(ii)

Nil

6,089

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

43,106

 

Nil

e)

 

Date of the transaction(s)

 

2021-10-13

f)

 

Place of the transaction(s)

 

London Stock Exchange

 

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 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)  Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

(ii)  Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

 

The number of additional shares accumulated is based on the ten-day average of the Prudential plc share price from 20 September to 1 October 2021 and on the Jackson Financial Inc. share price that regular shareholders received if they used the Company share sale facility shortly after the demerger.

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

Volume(s)

(i)

Nil

15,302

(ii)

Nil

3,819

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

19,121

 

Nil

e)

 

Date of the transactions

 

2021-10-13

f)

 

Place of the transactions

 

London Stock Exchange

 

 1

 

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

James Turner

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Risk and Compliance 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 transaction(s)

 

 

(i)  Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

(ii)  Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

 

The number of additional shares accumulated is based on the ten-day average of the Prudential plc share price from 20 September to 1 October 2021 and on the Jackson Financial Inc. share price that regular shareholders received if they used the Company share sale facility shortly after the demerger.

c)

 

Price(s) and volume(s)

 

 

 

 

 


Price(s)

Volume(s)

(i)

Nil

14,071

(ii)

Nil

3,124

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

17,195

 

Nil

e)

 

Date of the transaction(s)

 

2021-10-13

f)

 

Place of the transaction(s)

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jolene Chen

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Human Resources Director (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 transaction(s)

 

 

(i)  Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

(ii)  Adjustment of awards granted under the PCA Long Term Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

(iii)  Adjustment of awards granted under the PCA Deferred Bonus Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

(iv)  Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

 

The number of additional shares accumulated is based on the ten-day average of the Prudential plc share price from 20 September to 1 October 2021 and on the Jackson Financial Inc. share price that regular shareholders received if they used the Company share sale facility shortly after the demerger.

c)

 

Price(s) and volume(s)

 

 

 

 

 


Price(s)

Volume(s)

(i)

Nil

5,260

(ii)

Nil

968

(iii)

Nil

2,011

(iv)

Nil

519

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

8,758

 

Nil

e)

 

Date of the transaction(s)

 

2021-10-13

f)

 

Place of the transaction(s)

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Nicolaos Nicandrou

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive, Prudential Corporation Asia (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 transaction(s)

 

 

(i)  Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

(ii)  Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of Jackson Financial Inc. on 13 September 2021,

 

The number of additional shares accumulated is based on the ten-day average of the Prudential plc share price from 20 September to 1 October 2021 and on the Jackson Financial Inc. share price that regular shareholders received if they used the Company share sale facility shortly after the demerger.

c)

 

Price(s) and volume(s)

 

 

 

 

 


Price(s)

Volume(s)

(i)

Nil

22,030

(ii)

Nil

5,557

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

27,587

 

Nil

e)

 

Date of the transaction(s)

 

2021-10-13

f)

 

Place of the transaction(s)

 

London Stock Exchange

 

Additional information

About Prudential plc

Prudential plc provides life and health insurance and asset management, with a focus on Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people's wealth, helps them grow their assets, and empowers them to save for their goals. The business has more than 17 million life customers in Asia and Africa and is listed on stock exchanges in London, Hong Kong, Singapore and New York. Prudential 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, +44 (0)20 3977 9750

Sylvia Edwards, Deputy Group Secretary, +44 (0)20 3977 9214

 

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