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, 2026
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-
The following
text is the text of an announcement released to the Stock Exchange
of Hong Kong Limited on 5 June 2026 pursuant to rule 17.06A of the
Rules Governing the Listing of Securities (the "Listing Rules") on
the Stock Exchange of Hong Kong.
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 howsoever arising from or in reliance upon the whole or
any part of the contents of this announcement.
GRANT OF SHARE AWARDS
This 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 Rules").
Prudential plc ("Prudential") announces that on 3 June 2026, awards
(the "Awards") were granted over a total of 203,181 new ordinary
shares to certain non-employees under the Prudential Agency Long
Term Incentive Plan (the "Agency LTIP") which was approved at the
annual general meeting on 25 May 2023.
A summary is set out below:
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Date of grant
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:
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3 June 2026
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Number of shares under Awards granted
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:
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203,181
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Purchase price of the Awards granted
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:
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Nil
|
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Closing price of the
shares on
the date of grant
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:
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HK$ 112 per
share
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Vesting period of the Award granted
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:
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The vesting date is 25 March 2029
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Performance targets and clawback mechanism
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:
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Performance Targets: The Awards are not subject to performance
conditions.
Clawback mechanism: Clawback may be applied where there are the
following exceptional circumstances at any time before the fifth
anniversary of the award date:
●
there
is a materially adverse restatement of Prudential's published
accounts in respect of any financial year which (in whole or part)
comprised part of that five year period;
●
it
becomes apparent that a material breach of a law or regulation took
place during that five year period which resulted in significant
harm to Prudential or its reputation;
●
the
calculation of the number of shares subject to an award or of the
extent to which any performance conditions have been satisfied or
the Remuneration Committee's determination of the extent to which
an award vests was based on erroneous or misleading data or was
otherwise incorrect; or
●
the participant's personal
conduct during the relevant performance period in respect of that
award has:
o resulted
in Prudential, or any member of its group, suffering significant
reputational or financial damage;
o the
potential to cause significant reputational or financial damage to
Prudential or any member of its group;
and/or
o resulted
in the material breach of the Prudential group's business code of
conduct or law.
|
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Grants to service providers or related entity
participants
|
:
|
Agency LTIP is designed to incentivise and retain individuals, such
as insurance agents, who are not employees of Prudential or its
subsidiaries (the "Group") but who are closely connected with the
Group. The Board of Directors of Prudential is of the view that
these grants will ensure Prudential's long term interests are
aligned and the grantees will be motivated to contribute towards
the Group's development.
|
None of the grantees of the Awards are a director, chief executive
or substantial shareholder of Prudential, nor an associate (as
defined in the Listing Rules) of any of them.
As at the date of this announcement, the maximum number of shares
available for future grant under the scheme mandate of the above
plans and any other plans of Prudential is 196,252,671 and the
service provider sublimit of the above plans and any other plans of
Prudential is 36,151,322.
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.
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:
05 June 2026
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PRUDENTIAL
PUBLIC LIMITED COMPANY
|
|
|
|
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By:
/s/ Sylvia
Edwards
|
|
|
|
|
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Sylvia
Edwards
|
|
|
Deputy
Group Secretary
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