REG - Prudential PLC - Dividend Rate Achieved

PrudentialAnnouncement

Mon 10:30

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RNS Number : 4297G  Prudential PLC  28 April 2025

 

2024 SECOND Interim Dividend

 

On 20 March 2025 Hong Kong/Singapore time, Prudential plc ("Prudential")
announced a 2024 second interim dividend of 16.29 US cents per ordinary share
and a scrip dividend alternative in respect of the dividend, offered in
accordance with the Evergreen Scrip Dividend Scheme Terms and Conditions. The
scrip dividend alternative involves the issuance of relevant new ordinary
shares on the Hong Kong line only.

 

Shareholders holding shares on the UK and Hong Kong registers were able to
elect to receive their dividend payment in US dollars by 22 April 2025.

 

UK register

Shareholders holding shares on the UK register who have elected to receive the
dividend in cash and have not elected to receive their dividend payment in US
dollars will receive the dividend payment in pounds sterling and their
dividend will be converted from US dollars to pounds sterling at the rate of
one US dollar to 0.752106 pounds sterling.

 

Accordingly, the amount of sterling payable in cash on 14 May 2025 will be
approximately: 12.251807 pence per ordinary share.

 

Hong Kong branch register

Shareholders holding shares on the Hong Kong branch register who have elected
to receive the dividend in cash and have not elected to receive their dividend
payment in US dollars will receive the dividend payment in Hong Kong dollars
and their dividend will be converted from US dollars to Hong Kong dollars at
the rate of one US dollar to 7.758350 Hong Kong dollars.

 

Accordingly, the amount of Hong Kong dollars payable in cash on 14 May 2025
will be approximately: 1.263835 Hong Kong dollars per ordinary share.

 

UK and Hong Kong register shareholders who have elected to receive new shares
in respect of the dividend will receive the cash balance in respect of
fractional shares, if any, in pounds sterling or Hong Kong dollars
respectively, being converted from US dollars using the above mentioned
exchange rates. For UK register shareholders, the cash balance will be paid at
the same time as the distribution of sale proceeds to the UK register
shareholders participating in the dealing facility, which is expected to take
place within 14 Hong Kong trading days of the completion of the sale of the
relevant shares via the dealing facility. For Hong Kong register shareholders,
the cash balance will be paid on 14 May 2025. Further details can be found in
the Evergreen Scrip Dividend Scheme Terms and Conditions available at
www.prudentialplc.com/en/investors/shareholder-information/dividend/scrip-dividend
(http://www.prudentialplc.com/en/investors/shareholder-information/dividend/scrip-dividend)
.

 

The US dollar to pound sterling and Hong Kong dollar conversion rates set out
above were determined by the actual rates achieved by Prudential buying those
currencies prior to the date of this announcement.

 

Contacts

 

 Media                             Investors/Analysts
 Simon Kutner  +44 (0)7581 023260  Patrick Bowes       +852 9611 2981
 Sonia Tsang   +852 5580 7525      William Elderkin    +44 (0)20 3977 9215
                                   Darwin Lam          +852 2918 6348

 

 

About Prudential plc

 

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/)

 

 

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