SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of March 2010
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation of registrant’s name into English)
LAURENCE POUNTNEY HILL,
LONDON, EC4R 0HH, ENGLAND
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Release of Shares and ADRs and correction of 20 May 2009 announcement
1. | Name of theissuer |
Prudential plc
2. | State whether the notification relates to (i) a transaction notified in accordance withDTR 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 ofpersons discharging managerial responsibilities/director |
B Stowe
T Thiam
N Nicandrou
S Whitehead
4. | State whether notification relates to aperson connected with aperson discharging managerial responsibilities/directornamed in 3 and identify theconnected person |
Relates to persons named in 3 above
5. | Indicate whether the notification is in respect of a holding of theperson referred to in 3 or 4 above or in respect of a non-beneficial interest |
Relates to persons named in 3 above
6. | Description ofshares (includingclass), debentures or derivatives or financial instruments relating toshares |
B Stowe
Prudential plc Amercian Depository Receipts (ADRs) each ADR representing 2 Prudential plc ordinary shares of 5p each
T Thiam, N Nicandrou, S Whitehead
Ordinary shares of 5p each
7. | Name of registered shareholder(s) and, if more than one, the number ofshares held by each of them |
BWCI Trust Company Limited
8. | State the nature of the transaction |
B Stowe - release of 3,544 ADRs awarded under the Prudential Employee Share Trust, as per the announcement made on 21 December 2006
T Thiam - release of 89,497 ordinary shares being released as per the terms of the original award dated 26 March 2008
N Nicandrou – release of 16,505 ordinary shares being released as per the terms of the original award dated 27 November 2009
S Whitehead – release of 22,215 ordinary shares being release as per the terms of the original award dated 28 December 2007
9. | Number ofshares, debentures or financial instruments relating toshares acquired |
B Stowe - 3,544 ADRs representing 7,088 shares
T Thiam – 89,497 ordinary shares
N Nicandrou – 16,505 ordinary shares
S Whitehead – 22,215 ordinary shares
10. | Percentage of issuedclass acquired (treasury shares of thatclass should not be taken into account when calculating percentage) |
B Stowe - less than 0.02%
T Thiam – less than 0.004%
N Nicandrou – less than 0.0007%
S Whitehead – less than 0.0009%
11. | Number ofshares, debentures or financial instruments relating toshares disposed |
T Thiam – 36,768 ordinary shares
N Nicandrou – 6,781 ordinary shares
S Whitehead – 22,215 ordinary shares
12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) |
T Thiam – less than 0.002%
N Nicandrou – less than 0.0003%
S Whitehead – less than 0.0009%
13. | Price per share or value of transaction |
T Thiam - £5.1595
N Nicandrou - £5.1595
S Whitehead - £5.1595
14. | Date and place of transaction |
9 March 2010
15. | Total holding following notification and total percentage holding following notification (anytreasury shares should not be taken into account when calculating percentage) |
B Stowe - 839,252 ordinary shares, less than 0.04%
T Thiam – 869,987 ordinary shares, less than 0.04%
N Nicandrou – 424,200 ordinary shares, less than 0.02%
S Whitehead – 256,273 ordinary shares, less than 0.02%
16. | Date issuer informed of transaction |
B Stowe – 9 March 2010
T Thiam – 9 March 2010
N Nicandrou – 9 March 2010
S Whitehead 9 March 2010
If aperson discharging managerial responsibilities has been granted options by theissuer 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 ofshares 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 ofshares or debentures over which options held following notification |
N/A
23. | Any additional information |
The announcement of awards to Mr Stowe made on 20 May 2009 contained an incorrect number of ADRs. The correct number of ADRs awarded to Mr Stowe in May 2009 is:
- Prudential Group Performance Plan – 98,298 American Depository Receipts (ADRs) representing 196,596 Prudential plc ordinary shares (Ratio 1 ADR equals 2 ordinary shares)
- Prudential Business Unit Performance Plan – 98,298 American Depository Receipts (ADRs) representing 196,596 Prudential plc ordinary shares (Ratio 1 ADR equals 2 ordinary shares)
24. | Name of contact and telephone number for queries |
Penny Follows, Shareholder Services and Share Plans Manager, 020 7548 3821
Name of duly authorised officer ofissuer responsible for making notification
Clive Burns, Head of Secretariat, 020 7548 3805
Date of notification
9 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 anRIS notification required byDR 3.3.
(1) | Anissuer making a notification in respect of a transaction relating to theshares or debentures of theissuer should complete boxes 1 to 16, 23 and 24. |
(2) | Anissuer making a notification in respect of a derivative relating theshares of theissuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24. |
(3) | Anissuer making a notification in respect of options granted to adirector/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. |
(4) | Anissuer making a notification in respect of afinancial instrument relating to theshares of theissuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. |
END
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 9, 2010
PRUDENTIAL PUBLIC LIMITED COMPANY
By: | /S/ PENNY FOLLOWS | |
Penny Follows | ||
Shareholder Services and Share Plans manager |