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 |
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(s) |
(i) Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, (ii) Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, based on the valuations of a M&G plc share and a Prudential plc share calculated on the five day average share prices from 21 - 25 October 2019 respectively after demerger. |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
(i) |
Nil |
1,001,428 |
(ii) |
Nil |
188,478 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction(s) |
2019-11-21 |
f) |
Place of the transaction(s) |
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 |
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) Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, (ii) Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, based on the valuations of a M&G plc share and a Prudential plc share calculated on the five day average share prices from 21 - 25 October 2019 respectively after demerger. |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
(i) |
Nil |
402,394 |
(ii) |
Nil |
71,929 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transactions |
2019-11-21 |
f) |
Place of the transactions |
London Stock Exchange |
|
Details of the person discharging managerial responsibilities / person closely associated |
a) |
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 transaction(s) |
(i) Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, (ii) Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, based on the valuations of a M&G plc share and a Prudential plc share calculated on the five day average share prices from 21 - 25 October 2019 respectively after demerger. |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
(i) |
Nil |
267,865 |
(ii) |
Nil |
24,560 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction(s) |
2019-11-21 |
f) |
Place of the transaction(s) |
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 transaction(s) |
(i) Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, (ii) Adjustment of awards granted under the PCA Deferred Bonus Plan with respect to the demerger of M&G plc on 21 October 2019, (iii) Adjustment of awards granted under the PCA Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, based on the valuations of a M&G plc share and a Prudential plc share calculated on the five day average share prices from 21 - 25 October 2019 respectively after demerger. |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
(i) |
Nil |
42,102 |
(ii) |
Nil |
80,504 |
(iii) |
Nil |
121,083 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction(s) |
2019-11-21 |
f) |
Place of the transaction(s) |
London Stock Exchange |
|
Details of the person discharging managerial responsibilities / person closely associated |
a) |
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 transaction(s) |
(i) Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, (ii) Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, The demerger adjustment was based on the valuation of a M&G plc share calculated on the average price on the first five days following the demerger (from 21 - 25 October 2019), converted into a sum of USD based on the average exchange rate over the same period. This sum was divided by the five day average price of a Prudential plc ADR for the period 1 - 7 November 2019. The calculation recognised that one Prudential plc ADR represents two ordinary shares of Prudential plc. |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
(i) |
Nil |
94,147 |
(ii) |
Nil |
31,033 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction(s) |
2019-11-21 |
f) |
Place of the transaction(s) |
New York 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 of 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 transaction(s) |
(i) Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, (ii) Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, based on the valuations of a M&G plc share and a Prudential plc share calculated on the five day average share prices from 21 - 25 October 2019 respectively after demerger. |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
(i) |
Nil |
511,620 |
(ii) |
Nil |
128,008 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction(s) |
2019-11-21 |
f) |
Place of the transaction(s) |
London Stock Exchange |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
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 transaction(s) |
(i) Adjustment of awards granted under the Prudential Long Term Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, (ii) Adjustment of awards granted under the Annual Incentive Plan with respect to the demerger of M&G plc on 21 October 2019, based on the valuations of a M&G plc share and a Prudential plc share calculated on the five day average share prices from 21 - 25 October 2019 respectively after demerger. |
c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
(i) |
Nil |
231,673 |
(ii) |
Nil |
89,825 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction(s) |
2019-11-21 |
f) |
Place of the transaction(s) |
London Stock Exchange |
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 or 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