Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Prudential PLC Board/Management Information 2015

Mar 3, 2015

4668_dirs_2015-03-03_b3c6850b-5337-4912-a533-f5de39cff017.html

Board/Management Information

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 4135G

Prudential PLC

03 March 2015

Prudential plc (the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

An announcement released by the Company on 30 September 2014 showed the total beneficial holding of American Depositary Receipts (ADRs) in the Company held by Mr Barry Stowe, Executive Director, was 138,920 ADRs (0.01% of the issued share capital) and held by Mr Mike Wells, Executive Director, was 221,768 ADRs (0.02% of the issued share capital).

This announcement should have showed that Mr Stowe had a total beneficial holding of 142,144 ADRs (0.01% of the issued share capital) and Mr Wells had a total beneficial holding of 222,790 ADRs (0.02% of the issued share capital).

The discrepancy arose because dividends were, in error, reinvested in the Company's ADRs, resulting in purchases that increased their holdings as follows:

Mr Stowe

Date of Purchase Number of ADRs Net cost per ADR (US$)
01/06/2007 77 30.18
03/10/2007 19 31.17
03/10/2007 52 32.13
30/05/2008 47 26.47
02/10/2008 30 19.13
02/10/2008 80 19.72
03/06/2009 297 15.33
05/10/2009 133 18.18
08/06/2010 754 15.83
04/10/2010 317 20.57
07/06/2011 769 23.34
03/10/2011 463 17.18
07/06/2012 75 21.12
09/10/2012 30 27.00
05/06/2013 56 33.97
08/10/2013 25 37.90
Total 3,224

Note: The number of ADRs on each purchase date has been rounded to the nearest whole ADR.

Mr Wells

Date of Purchase Number of ADRs Net cost per ADR (US$)
08/06/2011 650 23.40
04/10/2011 372 18.14
Total 1,022

Note: The number of ADRs on each purchase date has been rounded to the nearest whole ADR.

Additional information

Prudential plc ADRs are issued at a ratio of 1 ADR being equal to 2 Prudential plc ordinary shares of 5p each.

All dealings took place in New York, USA.

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

Jennie Webb, Share Plans Manager, +44 (0)20 7548 2027

Stefan Bort, Deputy Group Secretary, +44 (0)20 7548 2115

Date of notification

3 March 2015

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSJJMJTMBMMBRA