Prudential plc — Major Shareholding Notification 2019

Oct 3, 2019

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 OF MAJOR INTERESTS IN SHARES

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)[i]

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights Prudential plc are attached[ii] : 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify)[iii] : 3. Details of person subject to the notification obligation[iv] Name The Capital Group Companies, Inc. (“CGC”) City and country of registered office (if applicable) Los Angeles, CA 90071, USA 4. Full name of shareholder(s) (if different from 3.)[v] Name City and country of registered office (if applicable)

5. Date on which the threshold was crossed orreachedvi**:**	5. Date on which the threshold was crossed orreachedvi**:**	5. Date on which the threshold was crossed orreachedvi**:**	30 September 2019	30 September 2019	30 September 2019
6. Date on which issuer notified**(DD/MM/YYYY): **			2 October 2019
7. Total positions of person(s) subject to the notification obligation
	% of voting rightsattached to shares(total of 8. A)	% of voting rightsthrough financialinstruments(total of 8.B 1 + 8.B 2)		Total of both in %(8.A + 8.B)	Total number ofvoting rights ofissuervii
Resulting situation onthe date on whichthreshold was crossedor reached	4.9336%	0.0000%		4.9336%	2,599,887,586
Position of previousnotification (ifapplicable)	9.8677%	0.0000%		9.8677%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached[viii]

A: Voting rights attached to shares

8. Notified details of the resulting situation on the date on which the threshold was crossed orreachedviii	8. Notified details of the resulting situation on the date on which the threshold was crossed orreachedviii	8. Notified details of the resulting situation on the date on which the threshold was crossed orreachedviii	8. Notified details of the resulting situation on the date on which the threshold was crossed orreachedviii	8. Notified details of the resulting situation on the date on which the threshold was crossed orreachedviii
A: Voting rights attached to shares
Class/type ofsharesISIN code (if possible)	Number of voting rightsix		% of voting rights
	Direct(Art 9 of Directive2004/109/EC) (DTR5.1)	Indirect(Art 10 of Directive2004/109/EC) (DTR5.2.1)	Direct(Art 9 of Directive2004/109/EC)(DTR5.1)	Indirect(Art 10 of Directive2004/109/EC)(DTR5.2.1)
Ordinary SharesISIN: GB0007099541		127,699,655		4.9117%
ADR’sISIN: US74435K2042		567,842		0.0219%
SUBTOTAL 8. A	128,267,497		4.9336%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))	B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))	B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))	B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))	B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial in-strument	Expira-tiondatex	Exercise/Conversion Periodxi	Number of voting rightsthat may be acquired if theinstrument isexercised/converted.	% of voting rights
N/A
		SUBTOTAL 8. B 1

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B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive2004/109/EC (DTR5.3.1.1 (b))	B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive2004/109/EC (DTR5.3.1.1 (b))	B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive2004/109/EC (DTR5.3.1.1 (b))	B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive2004/109/EC (DTR5.3.1.1 (b))	B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive2004/109/EC (DTR5.3.1.1 (b))	B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive2004/109/EC (DTR5.3.1.1 (b))
Type offinancialinstru-ment	Expirationdatex	Exercise/ConversionPeriodxi	Physical or cashsettlementxii	Number of votingrights	% of voting rights
N/A
			SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)

9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)	9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)	9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)	9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)	9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)	9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)	9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)	9. Information in relation to the person subject to the notification obligation(please mark theapplicable box with an “X”)
	Person subject to the notification obligation is not controlled by any natural person or legal entity and doesnot control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
	Fullchain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legalentityxiv(please add additional rows as necessary)						X
	Namexv		% of votingrights if it equalsor is higher thanthe notifiablethreshold	% of voting rights throughfinancial instruments if itequals or is higher than thenotifiable threshold		Total of both if itequals or is higherthan the notifiablethreshold
	The Capital Group Companies,Inc.		4.9336%	N/A		4.9336%
	Holding	s by CG Management companies
	are set o	ut below:
	• Capit	al Bank & Trust Company2
	• Capit
		al International, Inc.1
	• Capit	al International Limited1
	• Capit	al International Sàrl1
	• CapitCompa	al Research and Managementny2
		subsidiaries of Capital Research and Management Company.ary of The Capital Group Companies, Inc.
10. I		n case of proxy voting, please identify:
Nam		e of the proxy holder
The number and % of voting rights held
The date until which the voting rights will beheld

1Indirect subsidiaries of Capital Research and Management Company.

2Subsidiary of The Capital Group Companies, Inc.

10. In case of proxy voting, please identify:

Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held

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11. Additional information[xvi]

The Capital Group Companies, Inc. (“CGC”) is the parent company of Capital Research and Management Company (“CRMC”) and Capital Bank & Trust Company (“CB&T”). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. (“CGII”), which in turn is the parent company of four investment management companies (“CGII management companies”): Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K. CGII management companies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of your company for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

Place of completion	Los Angeles, CA, USA
Date of completion	2 October 2019

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.

Contact name for enquiries

Chris Smith, Deputy Group Secretary, +44 (0) 203 977 9639

Ian Smith, Senior Assistant Company Secretary, +44 (0) 203 977 9640

Company official responsible for making notification

Helen Archbold, Head of Corporate Secretariat

3 October 2019, 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

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 Amy Yok Tak Yip

* For identification purposes

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