Director/PDMR Shareholding

By

Regulatory News | 30 Mar, 2020

Updated : 10:01

RNS Number : 0207I
Prudential PLC
30 March 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 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)      Exercise of option over notional ADRs (including related dividend equivalents); and

(ii)     Receiving a gross cash amount of USD 961,409.89 in accordance with the terms of that option.

 

c)

 

Price(s) and volume(s)

 

 

 

 

(i)         Exercise of option:

 

Price(s)

Volume(s)

USD 0.12642

36,958

 

(ii)        Receipt of a gross cash amount

 

 

USD  961,409.89

 



 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

(i)         Exercise of option:

 

Price(s)

Volume(s)

USD 0.12642

36,958

(ii)        Receipt of a gross cash amount

 

USD  961,409.89

 

e)

 

Date of the transaction(s)

 

2020-03-27

f)

 

Place of the transaction(s)

 

New York 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 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


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