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Prudential PLC Director's Dealing 2022

Apr 6, 2022

4668_dirs_2022-04-06_833ed4d8-0e62-4edc-9393-2c74416b22be.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 4634H

Prudential PLC

06 April 2022

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

Interim 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 transactions

(i)    Acquisition of shares for nil consideration following the release of an award made in 2019 under the Prudential Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

(ii)   Acquisition of shares for nil consideration following the release of an award made in 2019 under the Annual Incentive Plan by the Trustee

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) Nil 27,814
(ii) Nil 40,926

d)

Aggregated information

- Aggregated volume

- Price

68,740

N/A

e)

Date of the transactions

2022-04-04

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 Financial 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 2019 under the Prudential Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

(ii)        Acquisition of shares for nil consideration following the release of an award made in 2019 under the Annual Incentive Plan by the Trustee

(iii)       Sale of shares in relation to the transaction described in (i) and (ii) above only to cover withholding tax and fees

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) Nil 23,349
(ii) Nil 26,166
(iii) GBP 11.27413 13,822

d)

Aggregated information

- Aggregated volume

- Price

49,515

GBP 11.27413

e)

Date of the transactions

2022-04-04

f)

Place of the transactions

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, Asia and Africa (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 2019 under the Prudential Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

(ii)        Acquisition of shares for nil consideration following the release of an award made in 2019 under the Annual Incentive Plan by the Trustee

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) Nil 38,945
(ii) Nil 56,848

d)

Aggregated information

- Aggregated volume

- Price

95,793

N/A

e)

Date of the transactions

2022-04-04

f)

Place of the transactions

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Avnish Kalra

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 transactions

(i)         Acquisition of shares for nil consideration following the release of an award made in 2019 under the Prudential Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

(ii)        Acquisition of shares for nil consideration following the release of an award made in 2019 under the PCA Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) Nil 3,476
(ii) Nil 18,407

d)

Aggregated information

- Aggregated volume

- Price

21,883

N/A

e)

Date of the transactions

2022-04-04

f)

Place of the transactions

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 transactions

(i)         Acquisition of shares for nil consideration following the release of an award made in 2019 under the Prudential Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

(ii)        Acquisition of shares for nil consideration following the release of an award made in 2020 under the PCA Deferred Bonus Plan by the Trustee

(iii)       Acquisition of shares for nil consideration following the release of an award made in 2019 under the PCA Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) Nil 10,180
(ii) Nil 62,286
(iii) Nil 29,924

d)

Aggregated information

- Aggregated volume

- Price

102,390

N/A

e)

Date of the transactions

2022-04-04

f)

Place of the transactions

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

Interim 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 transactions

(i)    Receipt of an award under the Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Annual Incentive Plan to be released in April 2025

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) HKD 116.07 182,131
(ii) HKD 116.07 47,926

d)

Aggregated information

- Aggregated volume

- Price

230,057

HKD 116.07

e)

Date of the transactions

2022-04-05

f)

Place of the transactions

Hong Kong 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 Financial 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)         Receipt of an award under the Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)        Receipt of an award under the Annual Incentive Plan to be released in April 2025

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) HKD 116.07 182,217
(ii) HKD 116.07 43,622

d)

Aggregated information

- Aggregated volume

- Price

225,839

HKD 116.07

e)

Date of the transactions

2022-04-05

f)

Place of the transactions

Hong Kong 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, Asia and Africa (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)    Receipt of an award under the Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Annual Incentive Plan to be released in April 2025

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) HKD 116.07 242,526
(ii) HKD 116.07 66,902

d)

Aggregated information

- Aggregated volume

- Price

309,428

HKD 116.07

e)

Date of the transactions

2022-04-05

f)

Place of the transactions

Hong Kong Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Avnish Kalra

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 transactions

(i)    Receipt of an award under the Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Prudential Asia & Africa (PAA) Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(iii)  Receipt of an award under the Prudential Deferred Bonus Plan to be released in April 2024

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) HKD 116.07 94,770
(ii) HKD 116.07 64,008
(iii) HKD 116.07 37,362

d)

Aggregated information

- Aggregated volume

- Price

196,140

HKD 116.07

e)

Date of the transactions

2022-04-05

f)

Place of the transactions

Hong Kong 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 transactions

(i)    Receipt of an award under the Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Annual Incentive Plan to be released in April 2025

c)

Price(s) and volume(s)

Price(s) Volume(s)
(i) HKD 116.07 79,434
(ii) HKD 116.07 13,230

d)

Aggregated information

- Aggregated volume

- Price

92,664

HKD 116.07

e)

Date of the transactions

2022-04-05

f)

Place of the transactions

Hong Kong Stock Exchange

Additional information

About Prudential plc

Prudential plc provides life and health insurance and asset management in 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 18 million life customers and is listed on stock exchanges in London (PRU), Hong Kong (2378), Singapore (K6S) and New York (PUK). 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. https://www.prudentialplc.com/

Contact

Jennie Webb, Senior Manager, Share Plans, +44 (0)20 3977 9750

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