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
equivalent and the value of the demerger dividend). The demerger
adjustment was based on the valuation of a M&G plc share
calculated on the average price on the first five days following
the demerger (from 21 - 25 October 2019), converted into a sum of
USD based on the average exchange rate over the same period. This
sum was divided by the five day average price of a Prudential plc
ADR for the period 1 - 7 November 2019. The calculation recognised
that one Prudential plc ADR represents two ordinary shares of
Prudential plc; and
(ii)
Receiving a gross cash amount of USD 464,198.34 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
|
13,407
|
||
(ii)
Receipt of a gross cash amount
USD
464,198.34
|
|||
d)
|
Aggregated information
- Aggregated volume
- Price
|
(i)
Exercise of option:
|
|
Price(s)
|
Volume(s)
|
||
USD
0.12642
|
13,407
|
||
(ii)
Receipt of a gross cash amount
USD
464,198.34
|
|||
e)
|
Date of the transaction(s)
|
2019-11-13
|
|
f)
|
Place of the transaction(s)
|
New
York Stock Exchange
|
|
PRUDENTIAL
PUBLIC LIMITED COMPANY
|
|
|
|
By: /s/ Chris Smith
|
|
|
|
Chris
Smith
|
|
Deputy
Group Secretary
|