Director/PDMR Shareholding

RNS Number : 6796I

Prudential PLC

16 March 2010

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1.   Name of the issuer

Prudential plc

2.   State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; (ii) a disclosure made in accordance LR 9.8.6R(1); or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

(i)

3.   Name of person discharging managerial responsibilities/director

Thibaut Lemaire

4.   State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Relates to person named in 3 above

5.   Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Relates to person named in 3 above

6.   Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Prudential plc American Depository Receipts (ADRs), each ADR representing 2 Prudential plc Ordinary shares of 5p each

7.   Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

PDMR named above

      8. State the nature of the transaction

Conversion of a Deferred award of ADRs for 2009 under the Annual Incentive Plan. The original award of 23,410 ADRs was announced on the 15 March 2010. 9,675 ADRs have been sold to cover PAYE and NIC.

9.   Number of shares, debentures or financial instruments relating to shares acquired

N/A

10.  Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11.  Number of shares, debentures or financial instruments relating to shares disposed

9,675 ADRs (representing 19,350 Prudential ordinary shares of 5p each)

      12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

less than 0.0008%

13.  Price per share or value of transaction

US$16.2295

14.  Date and place of transaction

15 March 2010, New York

15.  Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

243,044 ordinary shares, less than 0.01%

16.  Date issuer informed of transaction

15 March 2010

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

N/A

18.  Period during which or date on which it can be exercised

N/A

19.  Total amount paid (if any) for grant of the option

N/A

20.  Description of shares or debentures involved (class and number)

N/A

21.  Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22.  Total number of shares or debentures over which options held following notification

N/A

23.  Any additional information

N/A

24.  Name of contact and telephone number for queries

Jennie Webb, Share Plans Administrator, 020 7548 2027

Name of duly authorised officer of issuer responsible for making notification

Penny Follows, Shareholder Services and Share plans Manager, 020 7548 3821

Date of notification

16 March 2010

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

Notes: This form is intended for use by an issuer to make an RIS notification required by DR 3.3.

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

END

 

END

 

 

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