1st Apr 2014 13:36
LONDON (Alliance News) - Prudential PLC Tuesday said a group of executives, including Chief Executive Tidjane Thiam, were awarded shares and sold some at a market price of GBP12.88 per share under the Annual Incentive Plan.
Details are as follows.
Name | Beneficial interest in shares before release of award | Number of conditional awards released | Number of AIP shares released | Number of shares sold to meet tax & charges | Price shares sold at £ | Number of shares awarded under the AIP | Total beneficial interest following notification | % of Issued Share Capital held |
T Thiam | 892,684 | 412,653 | 235,444 | 304,912 | 12.8219 | 63,847 | 1,064,272 | 0.0415 |
P-O Bouée | 43,381 | 53,488 | 12,083 | 30,850 | 12.8219 | 14,667 | 80,686 | 0.0031 |
J Hunt | 36,395 | 106,805 | - | 50,249 | 12.8219 | 29,017 | 121,968 | 0.0048 |
M McLintock | 453,820 | 53,488 | 82,838 | 64,138 | 12.8219 | 69,093 | 512,263 | 0.0200 |
N Nicandrou | 302,921 | 168,117 | 51,149 | 103,160 | 12.8219 | 34,903 | 402,781 | 0.0157 |
M Coltman | 96,614 | 74,504 | 25,991 | 47,281 | 12.8219 | 19,819 | 143,656 | 0.0056 |
J Foley | 240,047 | 168,117 | - | 79,095 | 12.8219 | 31,180 | 360,249 | 0.0140 |
P Goerke | 66,828 | 118,597 | - | 55,797 | 12.8219 | 25,134 | 154,762 | 0.0060 |
J Murray | 23,473 | 75,803 | - | 35,664 | 12.8219 | 21,412 | 85,024 | 0.0033 |
The life insurer also said divisional executives Barry Stowe and Michael Wells were awarded American Depositary Receipts and sold some at USD42.6043 each. Details are outlined below.
Name | Beneficial interest in ADRs before release of award | Number of conditional awards of ADRs released | Number of AIP ADRs released1 | Number of ADRs sold to meet tax & charges | Price ADRs sold at $ | Number of ADRs gifted to charity | Number of ADRs awarded under the AIP | Total beneficial interest following notification | % of Issued Share Capital held |
B Stowe | 200,570 | 96,446 | 29,918 | 63,246 | 42.6403 | 3,500 | 15,122 | 245,392 | 0.0190 |
M Wells | 215,730 | 218,048 | - | 91,564 | 42.6043 | 23,770 | 49,823 | 368,267 | 0.0287 |
Prudential shares were up 3.2% at 1,308.50 pence Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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