Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Singapore Exchange Securities Trading Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated and registered in England and Wales under the number 01397169)
(Stock code: 2378)
PROPOSED ADJUSTMENTS TO EXERCISE PRICE
AND NUMBER OF SHARE OPTIONS
Reference is made to the announcements of Prudential plc (the "Company") dated 25 September 2019, 15 October 2019 and earlier today respectively and the circular of the Company dated 25 September 2019 in respect of demerger of the M&G Group from the Prudential Group (the "Demerger"). The Demerger was completed earlier today (on 21 October 2019). The Company announces that as a result of the completion of the Demerger, adjustments will be made to the exercise price and number of shares to be issued pursuant to the outstanding share options under the Prudential International Savings-Related Share Option Scheme for Non-Employees, which was adopted by the Company at the Annual General Meeting held on 17 May 2012 ("ISSOSNE").
An announcement containing further details of the adjustments to the outstanding share options under the ISSOSNE and the effective date of such adjustments will be made in due course.
Name of contact and telephone number for enquiries:
Group Secretariat
Jennie Webb +44 (0)20 3977 9750
Chris Smith +44 (0)20 3977 9639
Note:
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.
Disclaimer:
This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in any jurisdiction nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor.
By order of the Board
Prudential plc
Thomas S. Clarkson
Company Secretary
21 October 2019, Hong Kong
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As at the date of this announcement, the Board of Directors of Prudential plc comprises:
Chairman
Paul Victor Falzon Sant Manduca
Executive Directors
Michael Andrew Wells (Group Chief Executive), Mark Thomas FitzPatrick CA and Stuart James Turner FCA FCSI FRM
Independent Non-executive Directors
Sir Howard John Davies, David John Alexander Law ACA, Kaikhushru Shiavax Nargolwala FCA,
Anthony John Liddell Nightingale CMG SBS JP, The Hon. Philip John Remnant CBE FCA, Alice Davey Schroeder, Thomas Ros Watjen, Jane Fields Wicker-MiurinOBE and Amy Yok Tak Yip
* For identification purposes
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Prudential plc published this content on 21 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2019 08:40:08 UTC