REG - Prudential PLC - New shares to be issued for scrip dividend

PrudentialAnnouncement

25/04/2025 11:15

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RNS Number : 2540G  Prudential PLC  25 April 2025

 

New shares to be issued in connection with the scrip dividend alternative

 

On 20 March 2025 Hong Kong/Singapore time, Prudential plc ("Prudential")
announced a scrip dividend alternative in respect of the 2024 second interim
dividend of 16.29 US cents per ordinary share (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. To participate in the scrip dividend
alternative, shareholders must have held a minimum of 67 ordinary shares on
the record date for the Dividend (28 March 2025).

 

Prudential announces that 22,134 ordinary shares of 5 pence each will be
issued in connection with the scrip dividend alternative (the "Shares"). When
issued, these Shares will rank pari passu with the existing ordinary shares.
17,159 of the Shares will be sold pursuant to the share dealing facility which
Prudential has made available to enable United Kingdom shareholders to
participate in the scrip dividend alternative if they cannot provide an
address in Hong Kong or details of a Hong Kong qualifying brokerage account (a
requirement of holding shares on the Hong Kong line). Further announcements
will be made in due course in respect of the listing and admission of the
Shares.

 

Consistent with the Board's policy on scrip and staff incentive scheme share
issuances, it is intended that any minor dilution for shareholders resulting
from the scrip issuance will be neutralised through the on-market buyback of
shares on the London Stock Exchange.

 

Further details can be found in the Evergreen Scrip Dividend Scheme Terms and
Conditions available on Prudential's website at
www.prudentialplc.com/en/investors/shareholder-information/dividend/scrip-dividend
(http://www.prudentialplc.com/en/investors/shareholder-information/dividend/scrip-dividend)
.

 

Additional information

 

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/)

 

Contact

 

Tom Clarkson, Company Secretary, +44 (0)20 3977 9172

 

 

 

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