RCS - Prudential PLC - Prudential - ICICI Prudential Asset Management

PrudentialAnnouncement

12/02/2025 11:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250212:nRSL8760Wa&default-theme=true

RNS Number : 8760W  Prudential PLC  12 February 2025

 

12 February 2025

 

Prudential is Evaluating a Potential Listing of ICICI Prudential Asset
Management

 

Prudential plc announced today that it is evaluating a potential listing of
ICICI Prudential Asset Management Company Limited involving the partial
divestment of its shares, subject to market conditions, requisite approvals
and other considerations. It is intended that following the completion of such
a divestment, the net proceeds would be returned to shareholders. We will
provide a further update at an appropriate time.

India is a strategically important market for Prudential with compelling
growth prospects. We will continue to explore opportunities to grow our
businesses in the market.

 Media                                    Investors/Analysts
 Simon Kutner      +44 (0) 7581 023260    Patrick Bowes         +852 2918 5468
 Sonia Tsang       +852 5580 7525         William Elderkin      +44 (0)20 3977 9215
                                          Darwin Lam            +852 2918 6348

 

About Prudential plc (https://www.prudentialplc.com/)

Prudential plc provides life and health insurance and asset management in 24
markets across Asia and Africa. Prudential's mission is to be the most trusted
partner and protector for this generation and generations to come, by
providing simple and accessible financial and health solutions. The business
has dual primary listings on the Stock Exchange of Hong Kong (2378) and the
London Stock Exchange (PRU). It also has a secondary listing on the Singapore
Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the
form of American Depositary Receipts. It is a constituent of the Hang Seng
Composite Index and is also included for trading in the Shenzhen-Hong Kong
Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme.

 

Prudential is not affiliated in any manner with Prudential Financial, Inc. a
company whose 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.

 

https://www.prudentialplc.com/ (https://www.prudentialplc.com/)

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRATTMMTMTABBRA