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Prudential PLC Remuneration Information 2015

Aug 17, 2015

4668_dirs_2015-08-17_0b17052b-634f-4ce1-882e-b774cbe44320.html

Remuneration Information

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National Storage Mechanism | Additional information

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RNS Number : 2708W

Prudential PLC

17 August 2015

Prudential plc (the "Company")

Notification of interests of Persons Discharging Managerial Responsibility (PDMRs) and connected persons

This announcement is made in accordance with the requirements of DTR 3.1.4R(1)(a).

The Company made the following award to a PDMR under the Prudential Long Term Incentive Plan (PLTIP) on 14 August 2015.

Under the PLTIP the Remuneration Committee can make conditional share awards over ordinary shares of 5p and American Depository Receipts (ADRs) to executives. The awards made will only be released on 14 August 2018 subject to the achievement of performance criteria.  As set out in detail in the 2014 Directors' Remuneration Report, awards will only be released in full if stretching performance targets in respect of  Total Shareholder Return and IFRS Operating Profit are met.

Details of the PLTIP award are shown in the table below.

The following award of ordinary shares of 5p in the Company has been made at a market price of £15.54:

Name Total number of conditional shares held  before award Number of conditional shares  awarded Total number of conditional shares held  following award Total beneficial interest Total interest in shares  ( % of issued share capital)
A Porter 74,400 15,544 89,944 11,798 101,742 (0.004%)

Additional Information

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.

Date of Notification 17 August 2015

Contact

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

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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