REG - Prudential PLC - Overseas Regulatory Announcement - Option Grant

PrudentialAnnouncement

03/10/2025 12:00

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RNS Number : 0346C  Prudential PLC  03 October 2025

The following text is the text of an announcement released to The Stock
Exchange of Hong Kong Limited on 3 October 2025 pursuant to rule 17.06A of the
Rules Governing the Listing of Securities (the "Listing Rules") on The Stock
Exchange of Hong Kong.

 

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong
Limited and the Singapore Exchange Securities Trading Limited take no
responsibility for the contents of this announcement, make no representation
as to its accuracy or completeness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole
or any part of the contents of this announcement.

 

GRANT OF SHARE OPTIONS

 

This announcement is made pursuant to Rule 17.06A of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing
Rules").

 

Prudential plc ("Prudential") announces that on 2 October 2025, options were
granted over a total of 298,306 new ordinary shares (the "Options") to certain
non-employees under the Prudential International Savings-Related Share Option
Scheme for Non-Employees (the "ISSOSNE") which was approved at the annual
general meeting on 25 May 2023. A summary is set out below:

 

 Date of grant                                               :  2 October 2025

 Number of Options granted                                   :  298,306

 Exercise price of the Options granted                       :  HKD 82.08 per share, representing not less than 80% of the market value of the
                                                                shares

 Closing price of the shares on the date of grant            :  HKD 108.60 per share

 Exercise period of the Options granted                      :  The Options are exercisable during the respective maturity periods, 1 December

                                                              2028 to 31 May 2029 or 1 December 2030 to 31 May 2031

 Vesting period of the Options granted                       :  The vesting period is 3 or 5 years from the date of grant.
 Grants to service providers or related entity participants  :  ISSOSNE is designed to incentivise and retain individuals, such as insurance
                                                                agents, who are not employees of Prudential or its subsidiaries (the "Group")
                                                                but who are closely connected with the Group. The Board of Directors of
                                                                Prudential is of the view that these grants will ensure Prudential's long term
                                                                interests are aligned and the grantees will be motivated to contribute towards
                                                                the Group's development.

 

The Options were granted to the following category of grantees:

 

                Number of Options granted
 Non-Employees  298,306
 Total          298,306

 

None of the grantees of the Options is a director, chief executive or
substantial shareholder of Prudential, nor an associate (as defined in the
Listing Rules) of any of them.

 

As at the date of this announcement, the maximum number of shares available
for future grant under the scheme mandate of the above plans and any other
plans of Prudential is 200,577,148 and the service provider sublimit of the
above plans and any other plans of Prudential is 37,262,562.

 

About Prudential plc

 

Prudential provides life and health insurance and asset management in Greater
China, ASEAN, India 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 (HKEX: 2378) and
the London Stock Exchange (LSE: PRU). It also has a secondary listing on the
Singapore Stock Exchange (SGX: K6S) and a listing on the New York Stock
Exchange (NYSE: 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.

 

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

 

 

 

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