Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Prudential plc    PRU   GB0007099541

PRUDENTIAL PLC

(PRU)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Prudential : Grant of Share Options

share with twitter share with LinkedIn share with facebook
09/23/2020 | 06:30am EDT

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)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The Company announces that on 22 September 2020, options were granted over a total of 441,492 shares (the "Options") to certain eligible employees and agents of the Company, under the Prudential 2013 Savings- Related Share Option Scheme and the Prudential International Savings-Related Share Option Scheme for Non- Employees. A summary is set out below:

Date of grant

:

22 September 2020

Exercise price of Options granted

: GBP 9.64 per share

Closing price of a Prudential GBP

:

GBP 10.74

0.05 Ordinary Share on the date of

grant

Validity periods of the Options

: Three (3) years, exercisable from 1 December 2023 to 31 May 2024

Five (5) years, exercisable from 1 December 2025 to 31 May 2026

The Options include the following grant to the executive director:

Name of Grantee

Number of shares under option

Michael Andrew Wells (Group Chief Executive)

1,867

The grant of options to the executive director of the Company has been approved by the independent non- executive directors of the Company in accordance with the Listing Rules. Save as disclosed in this announcement, none of the Grantees of the Options is a director, chief executive or substantial shareholder of the Company, nor an associate (as defined in the Listing Rules) of any of them.

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 an Asia-led portfolio of businesses focused on structural growth markets. The business helps people get the most out of life through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers and is listed on stock exchanges in London, Hong Kong, Singapore and New York. Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose

- 1 -

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.

By order of the Board

Prudential plc

Tom Clarkson

Company Secretary

23 September 2020, London

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

Jeremy David Bruce Anderson CBE, 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, Shriti Vinodkant Vadera, Thomas Ros Watjen, Jane Fields Wicker-MiurinOBE and Yok Tak Amy Yip

* For identification purposes

- 2 -

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Prudential plc published this content on 23 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2020 09:29:07 UTC


share with twitter share with LinkedIn share with facebook
All news about PRUDENTIAL PLC
10/15PRUDENTIAL : Change in issued share capital
PU
10/13PRUDENTIAL : Notification and public disclosure of transactions by persons disch..
PU
10/11PRUDENTIAL : Notification and public disclosure of transactions by persons disch..
PU
10/08PRUDENTIAL : Change in issued share capital
PU
10/08PRUDENTIAL : Monthly Return of Equity Issuer on Movements in Securities for the ..
PU
10/05PRUDENTIAL : Notification and public disclosure of transactions by persons disch..
PU
09/28PRUDENTIAL : Notification and public disclosure of transactions by persons disch..
PU
09/23PRUDENTIAL : Grant of Share Options
PU
09/23PRUDENTIAL : Notification and public disclosure of transactions by persons disch..
PU
09/23UBS Wealth says no-deal Brexit would weaken pound to $1.25, sees sharp fall i..
RE
More news
Financials
Sales 2020 23 161 M 30 197 M 30 197 M
Net income 2020 2 274 M 2 965 M 2 965 M
Net Debt 2020 - - -
P/E ratio 2020 12,4x
Yield 2020 1,14%
Capitalization 28 037 M 36 580 M 36 555 M
Capi. / Sales 2020 1,21x
Capi. / Sales 2021 0,74x
Nbr of Employees 18 125
Free-Float 99,5%
Chart PRUDENTIAL PLC
Duration : Period :
Prudential plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PRUDENTIAL PLC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 1 343,23 GBX
Last Close Price 1 079,00 GBX
Spread / Highest target 57,6%
Spread / Average Target 24,5%
Spread / Lowest Target -22,2%
EPS Revisions
Managers
NameTitle
Michael Andrew Wells Group Chief Executive Officer & Executive Director
Paul Victor Falzon Sant Manduca Chairman
Mark Thomas FitzPatrick Group COO, CFO & Executive Director
Kaikhushru Shiavax Nargolwala Independent Non-Executive Director
Philip John Remnant Senior Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PRUDENTIAL PLC-25.53%36 580
AXA-40.37%42 243
METLIFE, INC.-19.68%37 160
MANULIFE FINANCIAL CORPORATION-27.12%28 347
PRUDENTIAL FINANCIAL, INC.-26.68%27 121
AFLAC INCORPORATED-28.45%26 984