pru201506026k.htm
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 June, 2015
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-
Prudential plc (the "Company")
Notification of interests of Persons Discharging Managerial Responsibility (PDMRs) and connected persons
This announcement is made in accordance with the requirements of DTR 3.1.4R(1)(a).
The Company made the following award to PDMRs under the Prudential Long Term Incentive Plan (PLTIP) on 1 June 2015.
Under the PLTIP the Remuneration Committee can make conditional share awards over ordinary shares of 5p and American Depository Receipts (ADRs) to executives. The awards made will only be released on 1 June 2018 subject to the achievement of performance criteria. As set out in detail in the 2014 Directors' Remuneration Report, awards will only be released in full if stretching performance targets in respect of Total Shareholder Return and IFRS Operating Profit are met.
Details of the PLTIP awards made are shown in tables 1 and 2 below.
Table 1
The following awards of ADRs have been made at a market price of US$50.29:
|
Name
|
Total number of conditional ADRs held before award
|
Number of conditional ADRs awarded
|
Total number of conditional ADRs held following award
|
Total beneficial interest
|
Total interest in ADRs ( % of issued share capital
|
|
M Wells
|
360,823
|
15,066
|
375,889
|
231,222
|
607,111 (0.024%)
|
|
B Stowe
|
180,015
|
25,334
|
205,349
|
122,882
|
328,231 (0.013%)
|
Prudential plc ADRs are issued at a ratio of 1 ADR being equal to 2 Prudential plc ordinary shares of 5p each.
Table 2
The following awards of ordinary shares of 5p in the Company have been made at a market price of £16.33:
|
Name
|
Total number of conditional shares held before award
|
Number of conditional shares awarded
|
Total number of conditional shares held following award
|
Total beneficial interest
|
Total interest in shares ( % of issued share capital)
|
|
T Wilkey
|
364,942
|
29,008
|
393,950
|
152,471
|
546,421 (0.021%)
|
|
J Oliver
|
26,373
|
8,251
|
34,624
|
14,091
|
48,715 (0.002%)
|
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 2 June 2015
Contact
Jennie Webb, Share Plans Manager, +44 (0) 20 7548 2027
Stefan Bort, Deputy Group Secretary, +44 (0) 20 7548 2115
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 02 June 2015
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PRUDENTIAL PUBLIC LIMITED COMPANY
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By: /s/Stefan Bort
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Deputy Group Secretary
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