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 May, 2013

 

 

PRUDENTIAL PUBLIC LIMITED COMPANY

(Translation of registrant’s name into English)

 

 

LAURENCE POUNTNEY HILL,

LONDON, EC4R 0HH, ENGLAND

(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-

 

 

 

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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: May 22, 2013

 

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Prudential plc

Notification of interests of PDMRs and connected persons

On 22 May 2013 Prudential plc (the Company) made the following awards to Persons Discharging Managerial Responsibility (PDMRs) under the Prudential Long Term Incentive Plan (LTIP), which was approved by Shareholders at the Company’s Annual General Meeting on 16 May 2013.

Under the LTIP the Remuneration Committee can make conditional share awards over both ordinary shares of 5p and American Depositary Receipts (ADRs) to executives. The awards will vest in May 2016 subject to achievement of performance criteria related to IFRS operating profit and Total Shareholder Return, as reported in the Directors’ Remuneration Report for 2012.

The following awards have been made at a market price of £11.9133 :

 

Name		Number of conditional shares awarded				% of issued share capital awarded				Total number of conditional shares held following award				% of  issued share capital held as conditional share awards following transaction				Beneficial interest in shares held				% of issued share capital held beneficially
M Coltman			55,333				0.0022				206,607				0.0081				117,927				0.0046
R Devey			116,718				0.0046				445,748				0.0174				219,022				0.0085
J Foley			131,848				0.0052				483,765				0.0189				357,962				0.0160
P Goerke			85,593				0.0033				322,631				0.0126				65,148				0.0025
M McLintock			46,687				0.0018				142,283				0.0055				749,847				0.0293
J Murray			72,624				0.0028				251,231				0.0098				22,882				0.0009
N Nicandrou			122,554				0.0048				460,412				0.0180				499,314				0.0195
T Thiam			345,831				0.0135				1,243,213				0.0485				1,281,753				0.0500

A further award in ADRs has been made at a market price of US$36.3833:

 

Name		Number of conditional ADRs awarded				% of issued share capital awarded				Total number of conditional ADRs held following award				% of  issued share capital held as conditional share awards following transaction				Beneficial interest in shares held				% of issued share capital held beneficially
B Stowe			65,633				0.0051				249,545				0.0195				652,331				0.0255
M Wells			136,735				0.0106				580,639				0.0453				798,778				0.0312

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Part of Barry Stowe’s beneficial interest in shares is made up of 286,782 ADRs (representing 573,564 ordinary shares) and 78,767 ordinary shares.

Mike Wells’ beneficial interest in shares is made up of 399,389 ADRs (representing 798,778 ordinary shares).

Prudential plc ADRs are issued at a ratio of 1 ADR being equal to 2 Prudential plc ordinary shares of 5p each.

Additional Information

Prudential plc is not affiliated in any manner with Prudential Financial Inc, a company whose principal place of business is in the United States of America.

Date of Notification 22 May 2013

Contact

Jennie Webb, Share Plans Advisor, 020 7548 2027

Stefan Bort, Assistant Group Secretary, 020 7548 2115