Source - LSE Regulatory
RNS Number : 4634H
Prudential PLC
06 April 2022
 

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

 

Mark FitzPatrick

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Interim 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 2019 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 2019 under the Annual Incentive Plan by the Trustee

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

Nil

 

27,814

(ii)

Nil

 

40,926

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

68,740

 

N/A

e)

 

Date of the transactions

 

2022-04-04

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 Financial 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 2019 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 2019 under the Annual Incentive Plan by the Trustee

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

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

Nil

 

23,349

(ii)

Nil

26,166

(iii)

GBP 11.27413

 

13,822

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

49,515

 

GBP 11.27413

e)

 

Date of the transactions

 

2022-04-04

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, Asia and Africa (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 2019 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 2019 under the Annual Incentive Plan by the Trustee

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

Nil

 

38,945

(ii)

Nil

 

56,848

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

95,793

 

N/A

 

e)

 

Date of the transactions

 

2022-04-04

f)

 

Place of the transactions

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Avnish Kalra

 

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 2019 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 2019 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

 

  3,476

(ii)

Nil

18,407

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

21,883

 

N/A

 

e)

 

Date of the transactions

 

2022-04-04

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 2019 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 2020 under the PCA Deferred Bonus Plan by the Trustee

(iii)       Acquisition of shares for nil consideration following the release of an award made in 2019 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

 

10,180

(ii)

Nil

 

62,286

(iii)

Nil

29,924

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

102,390

 

N/A

e)

 

Date of the transactions

 

2022-04-04

f)

 

Place of the transactions

 

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

 

Interim 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 Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Annual Incentive Plan to be released in April 2025

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

HKD 116.07

182,131

 

(ii)

HKD 116.07

  47,926

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

230,057

 

HKD 116.07

e)

 

Date of the transactions

 

2022-04-05

f)

 

Place of the transactions

 

Hong Kong 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 Financial 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 be released in April 2025 subject to the achievement of performance criteria

(ii)        Receipt of an award under the Annual Incentive Plan to be released in April 2025

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

HKD 116.07

182,217

 

(ii)

HKD 116.07

 

  43,622

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

225,839

 

HKD 116.07

e)

 

Date of the transactions

 

2022-04-05

f)

 

Place of the transactions

 

Hong Kong 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, Asia and Africa (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 be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Annual Incentive Plan to be released in April 2025

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

HKD 116.07

242,526

 

(ii)

HKD 116.07

  66,902

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

309,428

 

HKD 116.07

e)

 

Date of the transactions

 

2022-04-05

f)

 

Place of the transactions

 

Hong Kong Stock Exchange

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Avnish Kalra

 

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 Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Prudential Asia & Africa (PAA) Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(iii)  Receipt of an award under the Prudential Deferred Bonus Plan to be released in April 2024

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

HKD 116.07

94,770

 

(ii)

HKD 116.07

64,008

(iii)

HKD 116.07

37,362

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

196,140

 

HKD 116.07

e)

 

Date of the transactions

 

2022-04-05

f)

 

Place of the transactions

 

Hong Kong 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)    Receipt of an award under the Prudential Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria

(ii)   Receipt of an award under the Annual Incentive Plan to be released in April 2025

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(i)

HKD 116.07

79,434

 

(ii)

HKD 116.07

13,230

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

92,664

 

HKD 116.07

e)

 

Date of the transactions

 

2022-04-05

f)

 

Place of the transactions

 

Hong Kong Stock Exchange

 

  

Additional information

About Prudential plc

Prudential plc provides life and health insurance and asset management in Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people's wealth, helps them grow their assets, and empowers them to save for their goals. The business has more than 18 million life customers and is listed on stock exchanges in London (PRU), Hong Kong (2378), Singapore (K6S) and New York (PUK). Prudential 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 Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom. https://www.prudentialplc.com/

 

Contact

Jennie Webb, Senior Manager, Share Plans, +44 (0)20 3977 9750

 

 

 

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