a5291o
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of October, 2023
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation
of registrant's name into English)
13/F, One International Finance Centre,
1 Harbour View Street, Central,
Hong Kong, China
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover Form 20-F or Form 40-F.
Form
20-F X
Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes
No X
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b): 82-
The following text is the text of an announcement released to the
Stock Exchange of Hong Kong Limited on 3 October 2023 pursuant to
rule 17.06A of the Rules Governing the Listing of Securities on the
Stock Exchange of Hong Kong (the "Listing Rules").
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.
3 October 2023
(Hong Kong Stock Code 2378)
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 1 October 2023,
options were granted over a total of 344,367 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
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:
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1 October 2023
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Number of Options granted
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:
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344,367
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Exercise price of the Options granted
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:
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GBP 7.75
per share, representing not less than 80% of the market value of
the shares
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Closing price of a
Prudential GBP 0.05 ordinary share on
the date of grant
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:
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GBP 8.88 per
share
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Exercise period of the Options granted
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:
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The Options are exercisable during the respective maturity periods,
1 December 2026 to 31 May 2027 or 1 December 2028 to 31 May
2029
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Vesting period of the Options granted
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:
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The vesting period is 3 or 5 years from the date of
grant.
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Grants to service providers or related entity
participants
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:
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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.
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The
Options were granted to the following category of
grantees:
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Number of Options granted
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Non-Employees
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344,367
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Total
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344,367
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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 205,531,402 and the
service provider sublimit of the above plans and any other plans of
Prudential is 39,621,514.
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/
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: 03 October
2023
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PRUDENTIAL
PUBLIC LIMITED COMPANY
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By: /s/
Sylvia Edwards
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Sylvia
Edwards
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Deputy
Group Secretary
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