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Block Listing Application

21st Mar 2018 12:00

RNS Number : 4398I
Prudential PLC
21 March 2018
 

 

 

 

 

 

 

 Prudential plc

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Application has been made to the Financial Conduct Authority and the London Stock Exchange Plc for a total of 3,800,000 ordinary shares of 5 pence each ("shares") to be admitted to the Official List.

 

These shares are being reserved under a block listing and will be issued as a result of the vesting of discretionary awards and exercising of future share options pursuant to the following schemes:

 

Schemes

 

Shares

Prudential Long Term Incentive Plan

2,800,000

Prudential Agency Long Term Incentive Plan

700,000

Prudential Savings-Related Share Option Scheme

300,000

 

The admission date for these shares is expected to be Monday 26 March 2018. When issued, these shares will rank pari passu with the existing ordinary shares.

 

The shares to be issued under the Prudential Long Term Incentive Plan and the Prudential Agency Long Term Incentive Plan will be under the Company's authority to allot ordinary shares approved at its annual general meeting in 2017.

 

Name of contact and telephone number for queries

Jennie Webb, Share Plans Manager, +44 (0)20 7548 2027

 

Name of duly authorised officer of issuer responsible for making notification

Chris Smith, Deputy Group Secretary, +44 (0)20 7548 2115

 

Date of notification

21 March 2018

 

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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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