8th Oct 2013 10:32
LONDON (Alliance News) - Prudential PLC Tuesday said that Jacqueline Hunt, who was recently appointed as Chief Executive of Prudential UK and Europe, has been made a conditional share award under the company's performance share plan over 118,040 shares, at a value of GBP11.9133 per share.
The financial services group also said that to compensate her for the loss of deferred bonus arrangements, it has arranged for 36,337 shares at a market price of GBP11.686, to be held in a nominee arrangement on her behalf and released to her in March 2014 and March 2015.
Prudential shares were down 1.5% before midday Tuesday, trading at 1,158.00 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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