Prudential PLC — Major Shareholding Notification 2013

Apr 5, 2013

National Storage Mechanism | Additional information

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

RNS Number : 6904B

Prudential PLC

05 April 2013

Prudential plc

("Prudential" or "the Company")

5 April 2013

Share Pledge and charitable gift of shares by a Director

Prudential has been notified today that Rob Devey entered into an agreement on 4 April 2013 whereby security over 154,746 Prudential ordinary shares held by his wife Harriet Varley, a connected person, was granted in favour of Bank of Scotland plc as security against a personal loan (the 'Agreement'). Under the terms of the Agreement, title to the pledged shares could be transferred to, sold or otherwise dealt with by Bank of Scotland plc following the occurrence of a failure to pay any amount due and payable under the personal loan.

In addition Mr Devey has advised that he has made a gift of 5,000 Prudential ordinary shares owned beneficially, for charitable purposes, at a price of £10.55 per share to the charity with a total value of £52,750.   

Following the gift Mr Devey has a beneficial interest in 405,086 Prudential ordinary shares representing approximately 0.02% of the issued share capital.

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.

Enquiries:

Jennie Webb, Share Plans Advisor, 020 7548 2027

Stefan Bort, Assistant Group Secretary, 020 7548 2115

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSIAMMTMBMMBMJ