13 September 2024
Prudential plc - Publication
of Scrip Dividend Circular
On 28 August 2024, Prudential plc
("Prudential") announced
the declaration of a 2024 first interim dividend of 6.84 US cents
per ordinary share (the "Dividend"). On 30 August 2024,
Prudential confirmed that a scrip dividend alternative will be
offered in respect of the Dividend in accordance with the
shareholder approval obtained at the 2024 annual general
meeting.
On 12 September 2024, Prudential
confirmed the "Scrip Reference Price" for the issue of new shares
under the scrip dividend alternative in respect of the Dividend is
US$8.046366 for each new ordinary share. Accordingly, in order to
participate in the scrip dividend alternative, shareholders must
have held a minimum of 118 ordinary shares on the applicable record
date for the Dividend (6 September 2024 for United Kingdom and
Singapore shareholders, or 9 September 2024 for Hong Kong
shareholders).
A shareholder circular in relation
to the scrip dividend alternative has been published today (the
"Scrip Dividend Circular"),
which will enclose a mandate form to be completed by certain
shareholders. The Scrip Dividend Circular will include a letter
from the Chair setting out further information on the scrip
dividend alternative, including how eligible shareholders can elect
to receive the scrip dividend alternative, details of the share
dealing facility which Prudential has made available (the
"Dealing Facility") 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), and a
high-level summary of certain United Kingdom and Hong Kong tax
information.
The Scrip Dividend Circular should
be read in full before electing to receive the scrip dividend
alternative. This announcement is not a summary of the Scrip
Dividend Circular and should not be regarded as a substitute for
reading the Scrip Dividend Circular in full. Please refer to the
Scrip Dividend Circular for applicable deadlines for election for
the scrip dividend alternative.
A copy of the Scrip Circular is
available on Prudential's website at
http://www.prudentialplc.com/en/investors/shareholder-information/dividend/scrip-dividend.
A copy of the Scrip Dividend Circular has been submitted to the
National Storage Mechanism and will shortly be available for
viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Contacts
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Media
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Investors/Analysts
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Simon Kutner
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+44 (0)7581 023260
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Patrick Bowes
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+852 9611
2981
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Sonia Tsang
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+852 5580 7525
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William Elderkin
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+44 (0)20 3977 9215
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Darwin Lam
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+852 2918 6348
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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.
The ISIN code for the ordinary
shares of Prudential is GB0007099541 and the TIDM code is
PRU.
https://www.prudentialplc.com/