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 May, 2023
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation of registrant's name into English)
13/F, One International Finance Centre,
1 Harbour View Street, Central,
Hong Kong, China
(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 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 | Avnish Kalra | ||
2 | Reason for the notification | |||
a) | Position/status | Group Chief Risk and Compliance Officer (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Acquisition of shares for nil consideration following the release of an award made in 2020 under the Prudential PCA Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee") (ii) Acquisition of shares for nil consideration following the release of an award made in 2020 under the Prudential Long Term Incentive Plan by the Trustee (iii) Acquisition of shares for nil consideration following the release of an award made in 2021 under the Prudential Corporation Asia Deferred Bonus Plan by the Trustee (iv) Acquisition of shares for nil consideration following the release of an award made in 2022 under the Prudential Africa and Asia (PAA) Long Term Incentive Plan by the Trustee | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | Nil | 31,030 | ||
(ii) | Nil | 11,477 | ||
(iii) | Nil | 25,392 | ||
(iv) | Nil | 17,778 | ||
d) | Aggregated information - Aggregated volume - Price | 85,677 N/A | ||
e) | Date of the transaction | 2023-05-19 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Lilian Ng | ||
2 | Reason for the notification | |||
a) | Position/status | Managing Director, Strategic Business Group (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Acquisition of shares for nil consideration following the release of an award made in 2020 under the Prudential PCA Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee") (ii) Acquisition of shares for nil consideration following the release of an award made in 2020 under the Prudential Long Term Incentive Plan by the Trustee (iii) Acquisition of shares for nil consideration following the release of an award made in 2021 under the Prudential Corporation Asia Deferred Bonus Plan by the Trustee (iv) Acquisition of shares for nil consideration following the release of an award made in 2022 under the Prudential Africa and Asia (PAA) Long Term Incentive Plan by the Trustee | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | Nil | 79,758 | ||
(ii) | Nil | 29,510 | ||
(iii) | Nil | 57,654 | ||
(iv) | Nil | 43,531 | ||
d) | Aggregated information - Aggregated volume - Price | 210,453 N/A | ||
e) | Date of the transaction | 2023-05-19 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Lilian Ng | ||
2 | Reason for the notification | |||
a) | Position/status | Managing Director, Strategic Business Group (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Sale of shares in relation to the release of vested share awards | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 113.10 | 210,453 | ||
d) | Aggregated information - Aggregated volume - Price | 210,453 HKD 113.10 | ||
e) | Date of the transaction | 2023-05-19 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Dennis Tan | ||
2 | Reason for the notification | |||
a) | Position/status | Managing Director, Strategic Business Group and CEO Prudential Assurance Company Singapore (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Acquisition of shares for nil consideration following the release of an award made in 2020 under the Prudential PCA Long Term Incentive Plan by the trustee of the Prudential plc Employee Share Trust (the "Trustee") (ii) Acquisition of shares for nil consideration following the release of an award made in 2020 under the Prudential Long Term Incentive Plan by the Trustee (iii) Acquisition of shares for nil consideration following the release of an award made in 2021 under the Prudential Corporation Asia Deferred Bonus Plan by the Trustee (iv) Acquisition of shares for nil consideration following the release of an award made in 2022 under the Prudential Africa and Asia (PAA) Long Term Incentive Plan by the Trustee | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | Nil | 29,311 | ||
(ii) | Nil | 10,717 | ||
(iii) | Nil | 36,097 | ||
(iv) | Nil | 20,929 | ||
d) | Aggregated information - Aggregated volume - Price | 97,054 N/A | ||
e) | Date of the transaction | 2023-05-19 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Anil Wadhwani | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive Officer (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Receipt of an award under the Deferred Annual Incentive Plan to be released in April 2026 | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 109.90 | 33,301 | ||
d) | Aggregated information - Aggregated volume - Price | 33,301 HKD 109.90 | ||
e) | Date of the transaction | 2023-05-22 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Solmaz Altin | ||
2 | Reason for the notification | |||
a) | Position/status | Managing Director, Strategic Business Group (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 (ii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 (iii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 (iv) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 subject to the achievement of performance criteria (v) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria (vi) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 subject to the achievement of performance criteria | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 109.90 | 35,456 | ||
(ii) | HKD 109.90 | 35,456 | ||
(iii) | HKD 109.90 | 35,456 | ||
(iv) | HKD 109.90 | 17,728 | ||
(v) | HKD 109.90 | 17,728 | ||
(vi) | HKD 109.90 | 17,728 | ||
d) | Aggregated information - Aggregated volume - Price | 159,552 HKD 109.90 | ||
e) | Date of the transaction | 2023-05-22 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Catherine Chia | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Human Resources Officer (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Receipt of an award under the Prudential Africa Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 (ii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 (iii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 (iv) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 subject to the achievement of performance criteria | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 108 | 1,777 | ||
(ii) | HKD 108 | 1,777 | ||
(iii) | HKD 108 | 1,778 | ||
(iv) | HKD 108 | 3,855 | ||
d) | Aggregated information - Aggregated volume - Price | 9,187 HKD 108 | ||
e) | Date of the transaction | 2023-05-22 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Avnish Kalra | ||
2 | Reason for the notification | |||
a) | Position/status | Group Chief Risk and Compliance Officer (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 (ii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 (iii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 (iv) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 subject to the achievement of performance criteria (v) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria (vi) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 subject to the achievement of performance criteria | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 109.90 | 22,191 | ||
(ii) | HKD 109.90 | 22,191 | ||
(iii) | HKD 109.90 | 22,191 | ||
(iv) | HKD 109.90 | 11,095 | ||
(v) | HKD 109.90 | 11,095 | ||
(vi) | HKD 109.90 | 11,095 | ||
d) | Aggregated information - Aggregated volume - Price | 99,858 HKD 109.90 | ||
e) | Date of the transaction | 2023-05-22 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Lilian Ng | ||
2 | Reason for the notification | |||
a) | Position/status | Managing Director, Strategic Business Group (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 (ii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 (iii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 (iv) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 subject to the achievement of performance criteria (v) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria (vi) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 subject to the achievement of performance criteria (vii) Receipt of an award under the Prudential Deferred Bonus Plan to be released in April 2025 | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 109.90 | 37,052 | ||
(ii) | HKD 109.90 | 37,052 | ||
(iii) | HKD 109.90 | 37,052 | ||
(iv) | HKD 109.90 | 18,526 | ||
(v) | HKD 109.90 | 18,526 | ||
(vi) | HKD 109.90 | 18,526 | ||
(vii) | HKD 109.90 | 89,067 | ||
d) | Aggregated information - Aggregated volume - Price | 255,801 HKD 109.90 | ||
e) | Date of the transaction | 2023-05-22 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Dennis Tan | ||
2 | Reason for the notification | |||
a) | Position/status | Managing Director, Strategic Business Group and CEO Prudential Assurance Company Singapore (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 (ii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 (iii) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 (iv) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2024 subject to the achievement of performance criteria (v) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2025 subject to the achievement of performance criteria (vi) Receipt of an award under the Prudential Africa and Asia (PAA) Long Term Incentive Plan to be released in April 2026 subject to the achievement of performance criteria (vii) Receipt of an award under the Prudential Deferred Bonus Plan to be released in April 2025 | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 109.90 | 20,841 | ||
(ii) | HKD 109.90 | 20,841 | ||
(iii) | HKD 109.90 | 20,841 | ||
(iv) | HKD 109.90 | 10,420 | ||
(v) | HKD 109.90 | 10,420 | ||
(vi) | HKD 109.90 | 10,420 | ||
(vii) | HKD 109.90 | 52,819 | ||
d) | Aggregated information - Aggregated volume - Price | 146,602 HKD 109.90 | ||
e) | Date of the transaction | 2023-05-22 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | James Turner | ||
2 | Reason for the notification | |||
a) | Position/status | Group Chief Financial Officer (PDMR) | ||
b) | Initial notification /Amendment | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, or auctioneer | |||
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 | Ordinary shares of 5 pence each GB0007099541 | ||
b) | Nature of the transactions | (i) Receipt of an award under the Prudential Long Term Incentive Plan to be released in April 2026 subject to the achievement of performance criteria (ii) Receipt of an award under the Deferred Annual Incentive Plan to be released in April 2026 | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
(i) | HKD 112.13 | 199,991 | ||
(ii) | HKD 109.90 | 50,353 | ||
d) | Aggregated information - Aggregated volume - Price | 250,344 HKD 111.68 | ||
e) | Date of the transaction | 2023-05-22 | ||
f) | Place of the transaction | Hong Kong Stock Exchange |
Additional information
About Prudential plc
Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people's wealth, helps them grow their assets, and empowers them to save for their goals. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and Shanghai-Hong Kong Stock Connect programme.
Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom. https://www.prudentialplc.com/
Contact
Hannah Perera, Director, Group Reward and Employee Relations and CHRO UK Group HR, +44 (0)20 3977 9529
Sylvia Edwards, Deputy Group Secretary, +44 (0)20 3977 9214
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: 23 May 2023
PRUDENTIAL PUBLIC LIMITED COMPANY | |
By: /s/ Sylvia Edwards | |
Sylvia Edwards | |
Deputy Group Secretary |