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Prudential PLC - Director/PDMR Shareholding

RNS Number : 1035J
Prudential PLC
07 April 2020
 

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 transactions

 

 

(i)    Acquisition of shares for nil consideration following the release of an award made in 2017 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 2017 under the Annual Incentive Plan by the Trustee

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

 

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

Volume(s)

(i)

Nil

206,517

 

(ii)

Nil

64,440

 

(iii)

GBP 10.2074

127,479

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

270,957

 

GBP 10.2074

e)

 

Date of the transactions

 

2020-04-06

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, 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)    Acquisition of shares for nil consideration following the release of an award made in 2017 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 2017 under the Annual Incentive Plan by the Trustee

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

Volume(s)

(i)

Nil

 

84,954

(ii)

Nil

 

37,010

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

121,964

 

N/A

e)

 

Date of the transactions

 

2020-04-06

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 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 2017 under the Prudential Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee")

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

 

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

Volume(s)

(i)

Nil

 

21,903

(ii)

GBP 10.2074

8,804

 

 

 

d)

 

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

21,903

 

GBP 10.2074

e)

 

Date of the transactions

 

2020-04-06

f)

 

Place of the transactions

 

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 transactions

 

 

(i)    Acquisition of shares for nil consideration following the release of an award made in 2017 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 2017 under the Annual Incentive Plan by the Trustee

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

 

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

Volume(s)

(i)

Nil

 

47,741

(ii)

Nil

23,793

(iii)

GBP 10.2074

33,656

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

71,534

 

GBP 10.2074

e)

 

Date of the transactions

 

2020-04-06

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 2017 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 2018 under the PCA Deferred Bonus Plan by the Trustee

(iii)       Acquisition of shares for nil consideration following the release of an award made in 2017 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

8,458

 

(ii)

Nil

34,582

 

(iii)

Nil

26,863

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

69,903

 

N/A

e)

 

Date of the transactions

 

2020-04-06

f)

 

Place of the transactions

 

London Stock Exchange

 

Additional information

In the case of shares being released to Michael Wells, Nicolaos Nicandrou and Al-Noor Ramji under the 2017 awards made under the Prudential Long Term Incentive Plan by the Trustee, those shares which have not been sold to pay the taxes due at vesting are subject to a further 2 year holding period which are being held in a nominee administered by the Trustee and during which period cannot be charged, pledged, transferred or otherwise encumbered.

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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Market Cap: £27.6 billion
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