Director/PDMR Shareholding

RNS Number : 8692R
Prudential PLC
14 December 2016
 

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

 

Anne Richards

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Executive 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

 

Option in respect of notional shares in Prudential plc

 

 

GB0007099541

 

b)

 

Nature of the transaction

 

 

(i)    Exercise of option over notional shares (including related dividend equivalent);

(ii)   receiving a cash amount of £496,164.59 in accordance with the terms of that option; and

(iii)  application of the net cash amount in (ii) above to the purchase of 31,439 Prudential plc shares at £15.672 per share

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

(i)    Exercise of option:

 

Price(s)

Volume(s)

£0.05

59,628

 

(ii)   Receipt of cash amount

 

£496,164.59

 

(iii)   Purchase of Prudential plc shares

 

Price(s)

Volume(s)

£15.672

31,439

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Cash amount / price received

 

 

(i)   Exercise of option:

 

Price(s)

Volume(s)

£0.05

59,628

 

(ii)  Receipt of cash amount

 

£496,164.59

 

(iii)  Purchase of Prudential plc shares

 

Price(s)

Volume(s)

£15.672

31,439

 

e)

 

Date of the transaction

 

 

(i)      Exercise of option: 2016-12-13

(ii)      Receipt of cash amount: 2016-12-14

(iii)     Purchase of Prudential plc shares: 2016-12-14

 

f)

 

Place of the transaction

 

London 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.

 

Contact

Jennie Webb, Share Plans Manager +44 (0)20 7548 2027

Chris Smith, Deputy Group Secretary, +44 (0)20 7548 2115


This information is provided by RNS
The company news service from the London Stock Exchange
 
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