PRUDENTIAL PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This announcement is made in accordance with the requirements of DTR 3.1.4R(1)(a).
Prudential plc (the "Company") has been advised that, following the payment of the second 2015 interim and special dividend of 36.47p on 20 May 2016, several persons discharging managerial responsibility in the Company have increased their interests in the Company. All the transactions set out in this announcement were notified to the Company on 26 May 2016.
The Company also advises that in its announcement dated 24 May 2016 (RNS number 1917Z), certain total beneficial interests and shares subject to performance conditions were misstated. These have now been restated in the tables below.
Prudential Group Share Incentive Plan - Dividend Reinvestment
The following individuals have received ordinary shares of 5p each at a price per share of £13.87 in the name of the Prudential Group Share Incentive Plan under the dividend re-investment associated with that plan operated by Yorkshire Building Society on behalf of the Company:
Name of PDMR
|
Number of ordinary shares acquired
|
Total beneficial interest following notification
|
Number of shares subject to performance conditions
|
Total interest in shares
|
M Wells
|
3
|
541,321
|
811,178
|
1,352,499
|
J Foley
|
8
|
248,530
|
422,480
|
671,010
|
M McLintock
|
8
|
199,469
|
79,498
|
278,967
|
N Nicandrou
|
39
|
303,030
|
373,328
|
676,358
|
P James
|
-
|
41,359
|
171,255
|
212,614
|
J Adams
|
3
|
26,227
|
144,845
|
171,072
|
R Hariharan
|
4
|
13,830
|
97,655
|
111,485
|
J Oliver
|
18
|
23,072
|
53,579
|
76,651
|
A Porter
|
14
|
25,208
|
132,521
|
157,729
|
T Rolfe
|
-
|
29,952
|
149,385
|
179,337
|
The Prudential Corporation Asia All Employee Share Purchase Plan - Dividend Re-investment
The following individual has received ordinary shares of 5p each at a price per share of £14.07 in the name of the Prudential Corporation Asia All Employee Share Purchase Plan under the dividend re-investment associated with that plan:
Name of PDMR
|
Number of ordinary shares acquired
|
Total beneficial interest following notification
|
Number of shares subject to performance conditions
|
Total interest in shares
|
T Wilkey
|
9
|
120,487
|
430,817
|
551,304
|
Prudential Dividend Re-investment Plan
The following individual has received ordinary shares of 5p each, at a price per share of £13.3229, in his own name, under the Company's Dividend Re-investment Plan for ordinary shareholders:
Name of PDMR
|
Number of ordinary shares acquired
|
Total beneficial holding following notification
|
H Davies
|
236
|
8,966
|
Additional Information
Mr Wells' beneficial interests are made up of 217,518 ADRs (representing 435,036 ordinary shares) and 106,285 ordinary shares. Mr Wells' conditional share awards are over 332,870 ordinary shares and 239,154 ADRs (representing 478,308 ordinary shares).
Mr Stowe's beneficial interest in shares is made up of 132,138 ADRs (representing 264,276 ordinary shares). Mr Stowe's conditional share awards are over 276,766 ADRs (representing 553,532 ordinary shares).
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 27 May 2016
Contact
Jennie Webb, Share Plans Manager, +44 (0)20 7548 2027
Helen Archbold, Head of Corporate Secretariat, +44 (0)20 7548 6901