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 however arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated and registered in England and Wales under the number 01397169)
(Stock code: 2378) GRANT OF SHARE OPTIONSThis 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 Rule").
The Company announces that on 21 September 2016, options were granted over a total of 1,445,730 shares (the "Options") to certain eligible employees and agents of the Company, under the Company's Savings Related Share Option Schemes. A summary is set out below:
Date of grant : 21 September 2016 Exercise price of Options granted : GBP 11.04 per share Closing price of a Prudential GBP 0.05 Ordinary Share on the date of grant: GBP 13.94
Validity periods of the Options : Three (3) years, exercisable from 1 December 2019 to 31 May 2020Five (5) years, exercisable from 1 December 2021 to 31 May 2022
The Options include the following grants to the directors: Name of Grantee | Number of shares under option |
Nicolaos Andreas Nicandrou (Executive Director) | 1,358 |
John William Foley (Executive Director) | 815 |
Anne Helen Richards (Executive Director) | 1,630 |
The grant of options to the executive directors of the Company has been approved by the independent non- executive directors of the Company in accordance with the Listing Rules. Save as disclosed in this announcement, none of the Grantees of the Options is a director, chief executive or substantial shareholder of the Company, nor an associate (as defined in the Listing Rules) of any of them.
Name of contact and telephone number for enquiries:Group Secretariat
Jennie Webb +44 (0)20 7548 2027
Chris Smith +44 (0)20 7548 2115
Note: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.
By order of the Board Prudential plc Alan F. Porter
Group General Counsel and Company Secretary
22 September 2016, London
As at the date of this announcement, the Board of Directors of Prudential plc comprises:
Chairman
Paul Victor Falzon Sant Manduca
Executive Directors
Michael Andrew Wells (Group Chief Executive), Nicolaos Andreas Nicandrou ACA, Penelope Jane James ACA, John William Foley, Anne Helen Richards, Barry Lee Stowe and Tony Paul Wilkey
Independent Non-executive Directors
Sir Howard John Davies, Ann Frances Godbehere FCPA FCGA, David John Alexander Law ACA, Kaikhushru Shiavax Nargolwala FCA, Anthony John Liddell Nightingale CMG SBS JP,
The Hon. Philip John Remnant CBE FCA, Alice Davey Schroeder and Jonathan Adair Lord Turner
* For identification purposes
Prudential plc published this content on 22 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 September 2016 13:21:02 UTC.
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