PUK offers scrip dividend; minimum 175 shares to participate, price US$13.422519

Rhea-AI Filing Summary

Prudential plc announced a scrip dividend alternative for its 2025 first interim dividend of 7.71 US cents per ordinary share. Shareholders who wish to receive new shares instead of cash must have held a minimum of 175 ordinary shares on the record date of 5 September 2025, a threshold calculated by dividing the Scrip Reference Price by the Dividend and rounding up. The Scrip Reference Price was defined as the five-day average middle-market price on the London Stock Exchange starting 4 September 2025, converted to US dollars using Bloomberg WMR mid-point rates on 10 September 2025. The Scrip Reference Price for this issue is US$13.422519 per new ordinary share.

Positive

• Scrip dividend alternative offered gives shareholders the option to receive new shares instead of cash for the 2025 first interim dividend of 7.71 US cents per share
• Scrip Reference Price explicitly stated as US$13.422519, and the conversion methodology and timing are clearly disclosed

Negative

• Minimum participation threshold of 175 ordinary shares on the record date may exclude small shareholders from electing the scrip alternative
• Filing contains no financial results or balance-sheet context, limiting material insight for investors beyond the dividend mechanics

Insights

Financial Analyst

TL;DR: Routine scrip dividend details provided; conversion mechanics and reference price are clearly specified.

The filing lays out the mechanics for Prudential's 2025 first interim scrip dividend: dividend amount, eligibility record date, the formula for the minimum shareholding to participate and the precise Scrip Reference Price used to determine share issuance. This is a procedural disclosure that enables holders to decide between cash and share receipt with transparent pricing inputs. There is no earnings or balance-sheet information, so investor impact is limited to shareholder election and potential share count dilution depending on take-up.

Corporate Governance Expert

TL;DR: Disclosure aligns with standard scrip dividend governance, specifying record date and conversion method.

The document meets governance expectations by specifying the record date (5 September 2025), the ex-dividend start for price averaging (4 September 2025), and the currency conversion timing (Bloomberg WMR midpoint on 10 September 2025). It also states the exact Scrip Reference Price (US$13.422519) and the minimum shareholdings required to elect scrip, supporting procedural fairness. No unusual governance actions or corporate changes are disclosed.

Form 6-K: How Foreign Companies Report to the SEC →

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 September, 2025

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-

Prudential plc - Scrip Reference Price

On 27 August 2025 Hong Kong/Singapore time, Prudential plc ("Prudential") announced a scrip dividend alternative would be offered in respect of the 2025 first interim dividend of 7.71 US cents per ordinary share (the "Dividend") in accordance with the Evergreen Scrip Dividend Scheme Terms and Conditions.

In order to participate in the scrip dividend alternative, shareholders must have held a minimum of 175 ordinary shares on the record date for the Dividend (5 September 2025). This number was calculated by dividing the Scrip Reference Price (as defined below) by the Dividend and then rounding it up to a whole share.

The Scrip Reference Price is the average middle-market price of Prudential's shares on the London Stock Exchange over a five-day dealing period commencing on the ex-dividend date for the Dividend (4 September 2025) and converted to US Dollars using the mid-point WMR spot exchange rates quoted by Bloomberg in London at or around 11:00 a.m. on 10 September 2025 (the "Scrip Reference Price").

The Scrip Reference Price for the issue of new shares under the scrip dividend alternative in respect of the Dividend is:

​

US$13.422519 for each new ordinary share

Contacts

Media		Investors/Analysts
Simon Kutner	+44 7581 023260	Patrick Bowes	+852 2918 5468
Sonia Tsang	+852 5580 7525	William Elderkin	+44 20 3977 9215
		Ming Hau	+44 20 3977 9293
		Bosco Cheung	+852 2918 5499
		Tianjiao Yu	+852 2918 5487

About Prudential plc

Prudential provides life and health insurance and asset management in Greater China, ASEAN, India 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 (HKEX: 2378) and the London Stock Exchange (LSE: PRU). It also has a secondary listing on the Singapore Stock Exchange (SGX: K6S) and a listing on the New York Stock Exchange (NYSE: 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/

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: 11 September 2025

PRUDENTIAL PUBLIC LIMITED COMPANY

By: /s/ Tom Clarkson

Tom Clarkson

Company Secretary

FAQ

What is the 2025 first interim dividend amount for Prudential plc (PUK)?

The dividend is 7.71 US cents per ordinary share.

What is the Scrip Reference Price for Prudential's 2025 scrip dividend?

The Scrip Reference Price is US$13.422519 per new ordinary share.

What record date determined eligibility to participate in the scrip dividend?

Shareholders must have held shares on the record date of 5 September 2025 to participate.

How was the minimum number of shares to elect scrip calculated?

The minimum of 175 ordinary shares was calculated by dividing the Scrip Reference Price by the Dividend and rounding up to a whole share.

What pricing and conversion method was used to set the Scrip Reference Price?

The price is the five-day average middle-market price on the London Stock Exchange from the ex-dividend date (4 September 2025) converted to US dollars using Bloomberg WMR mid-point rates on 10 September 2025.