Prudential plc — Director's Dealing 2020

Apr 9, 2020

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Singapore Exchange Securities Trading Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated and registered in England and Wales under the number 01397169)

(Stock code: 2378)

OVERSEAS REGULATORY ANNOUNCEMENT

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transactions (i) Receipt of an award under the Annual Incentive Plan to be
released in April 2023
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) GBP 10.49 83,782
d) Aggregated information
- Aggregated volume 83,782
- Price GBP 10.49
e) Date of the transactions 2020-04-09
f) Place of the transactions London Stock Exchange
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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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transactions (i) Receipt of an award under the Annual Incentive Plan to be
released in April 2023
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) GBP 10.49 48,780
d) Aggregated information
- Aggregated volume 48,780
- Price GBP 10.49
e) Date of the transactions 2020-04-09
f) Place of the transactions London Stock Exchange
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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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transactions (i) Receipt of an award under the Annual Incentive Plan to be
released in April 2023
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) GBP 10.49 42,125
d) Aggregated information
- Aggregated volume 42,125
- Price GBP 10.49
e) Date of the transactions 2020-04-09
f) Place of the transactions London Stock Exchange
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1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Michael Falcon
2 Reason for the notification
a) Position/status Chief Executive Officer of Jackson Holdings LLC (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 American Depositary Receipt (“ADR”)
instrument, type of instrument
Identification code 74435K204
b) Nature of the transactions (i) Receipt of an award under the Prudential Long Term
Incentive Plan to vest in April 2023 subject to the
achievement of performance criteria
(ii) Receipt of an award under the Annual Incentive Plan to be
released in April 2023
(iii) Receipt of an award under the Restricted Stock Plan 2015
to be released in April 2023
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) USD 25.87 123,695
(ii) USD 25.87 65,021
(iii) USD 25.87 121,072
d) Aggregated information
- Aggregated volume 309,788
- Price USD 25.87
e) Date of the transactions 2020-04-09
f) Place of the transactions New York Stock Exchange
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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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transactions (i) Receipt of an award under the Prudential Long Term
Incentive Plan to vest in April 2023 subject to the
achievement of performance criteria
(ii) Receipt of an award under the Annual Incentive Plan to be
released in April 2023
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) GBP 10.49 273,381
(ii) GBP 10.49 75,965
d) Aggregated information
- Aggregated volume 349,346
- Price GBP 10.49
e) Date of the transactions 2020-04-09
f) Place of the transactions London Stock Exchange
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1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Al-Noor Ramji
2 Reason for the notification
a) Position/status Group Chief Digital 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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transactions (i) Receipt of an award under the Prudential Long Term
Incentive Plan to vest in April 2023 subject to the
achievement of performance criteria
(ii) Receipt of an award under the Annual Incentive Plan to be
released in April 2023
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) GBP 10.49 103,527
(ii) GBP 10.49 55,958
d) Aggregated information
- Aggregated volume 159,485
- Price GBP 10.49
e) Date of the transactions 2020-04-09
f) Place of the transactions London Stock Exchange
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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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transactions (i) Receipt of an award under the Prudential Long Term
Incentive Plan to vest in April 2023 subject to the
achievement of performance criteria
(ii) Receipt of an award under the Annual Incentive Plan to be
released in April 2023
(iii) Receipt of an award under the PCA Deferred Bonus Plan
to be released in April 2022
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) GBP 10.49 86,841
(ii) GBP 10.49 8,650
(iii) GBP 10.49 59,050
d) Aggregated information
- Aggregated volume 154,541
- Price GBP 10.49
e) Date of the transactions 2020-04-09
f) Place of the transactions London Stock Exchange
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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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transaction Acquisition of shares through the Prudential Group Share
Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 10.405 19
d) Aggregated information
- Aggregated volume 19
- Price GBP 10.405
e) Date of the transaction 2020-04-08
f) Place of the transaction London Stock Exchange
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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 Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0007099541
b) Nature of the transaction Acquisition of shares through the Prudential Group Share
Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 10.405 19
d) Aggregated information
- Aggregated volume 19
- Price GBP 10.405
e) Date of the transaction 2020-04-08
f) Place of the transaction London Stock Exchange
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Additional information

The Prudential plc Remuneration Committee will consider all relevant factors when the 2020 Prudential Long Term Incentive Plan awards vest in April 2023 and may reduce vesting levels to ensure that PDMRs do not benefit from windfall gains. These factors will include the timing and extent of the recovery of the share prices of Prudential, its peer group and the indices on which it is listed, the performance of the Company over the period 2020 – 2022 and any other considerations that the Committee deems relevant.

In the case of shares being granted under the Prudential Long Term Incentive Plan these awards are subject to a further 2 year holding period which cannot be charged, pledged, transferred or otherwise encumbered following release.

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, 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 Chris Smith, Deputy Group Secretary, +44 (0)20 3977 9639

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9 April 2020, London

As at the date of this announcement, the Board of Directors of Prudential plc comprises:

Chairman

Paul Victor Falzon Sant Manduca

Executive Directors

Michael Andrew Wells (Group Chief Executive) , Mark Thomas FitzPatrick CA and Stuart James Turner FCA FCSI FRM

Independent Non-executive Directors

Jeremy David Bruce Anderson CBE, Sir Howard John Davies, David John Alexander Law ACA, Kaikhushru Shiavax Nargolwala FCA, Anthony John Liddell Nightingale CMG SBS JP, The Hon. Philip John Remnant CBE FCA, Alice Davey Schroeder, Thomas Ros Watjen, Jane Fields Wicker-Miurin OBE and Yok Tak Amy Yip

* For identification purposes

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