Prudential PLC — Regulatory Filings 2020

Apr 9, 2020

6-K 1 a4211j.htm DIRECTOR/PDMR SHAREHOLDING Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2020 Issuer Direct Corporation a4211j

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of April, 2020

PRUDENTIAL PUBLIC LIMITED COMPANY

(Translation of registrant's name into English)

1 Angel Court, London,

England, EC2R 7AG

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports

under cover Form 20-F or Form 40-F.

Form 20-F X Form 40-F

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No X

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b): 82-

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 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 - Price | 83,782 10.49 | | | | e) | Date of the transactions | 2020-04-09 | | | | f) | Place of the transactions | London Stock Exchange | | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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) 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 - Price | 48,780 GBP 10.49 | | | | e) | Date of the transactions | 2020-04-09 | | | | f) | Place of the transactions | London Stock Exchange | | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 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 - Price | 42,125 GBP 10.49 | | | | e) | Date of the transactions | 2020-04-09 | | | | f) | Place of the transactions | London Stock Exchange | | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 instrument, type of instrument Identification code | American Depositary Receipt ("ADR") 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 - Price | 309,788 USD 25.87 | | | | e) | Date of the transactions | 2020-04-09 | | | | f) | Place of the transactions | New York Stock Exchange | | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 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 - Price | 349,346 GBP 10.49 | | | | e) | Date of the transactions | 2020-04-09 | | | | f) | Place of the transactions | London Stock Exchange | | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 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 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 - Price | 159,485 GBP 10.49 | | | | e) | Date of the transactions | 2020-04-09 | | | | f) | Place of the transactions | London Stock Exchange | | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 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 - Price | 154,541 GBP 10.49 | | | | e) | Date of the transactions | 2020-04-09 | | | | f) | Place of the transactions | London Stock Exchange | | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 | 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 - Price | 19 GBP 10.405 | | | e) | Date of the transaction | 2020-04-08 | | | f) | Place of the transaction | London Stock Exchange | |

| 1 — a) | Details of the person discharging managerial responsibilities / person closely associated — 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 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 - Price | 19 GBP 10.405 | | | e) | Date of the transaction | 2020-04-08 | | | f) | Place of the transaction | London Stock Exchange | |

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

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: 09 April 2020

| PRUDENTIAL

PUBLIC LIMITED COMPANY
By:
/s/ Chris Smith
Chris
Smith
Deputy
Group Secretary

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