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Prudential (NYSE: PUK) details new long-term share incentives for senior leaders

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Prudential plc has reported grants of long-term incentive share awards to several senior executives under the Prudential Global Long Term Incentive Plan. Awards are over ordinary shares of 5 pence each at a reference price of HKD 110.70 per share.

Executives including the Chief Financial Officer, Chief Technology and Operations Officer, and various regional and functional CEOs received awards scheduled for release in March 2027, March 2028 and March 2029, with a portion of the 2029 awards subject to specified performance criteria.

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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 March, 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-
 
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Anette Bronder
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Technology and Operations Officer (PDMR) 
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)     Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)    Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
 Price(s)
Volume(s)
 
(i)
HKD 110.70
 
20,320
(ii)
HKD 110.70
 
20,320
(iii)
HKD 110.70
 
20,320
(iv)
HKD 110.70
 
30,480
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
91,440
 
HKD 110.70
 
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 
Hong Kong Stock Exchange
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Ben Bulmer
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Financial Officer (PDMR)
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)     Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)    Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
Price(s)
Volume(s)
 
(i)
HKD 110.70
 
35,626
(ii)
HKD 110.70
 
35,626
(iii)
HKD 110.70
 
35,626
(iv)
HKD 110.70
 
53,440
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
160,318
 
HKD 110.70
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 
Hong Kong Stock Exchange
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Catherine Chia
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Human Resources Officer (PDMR)
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)     Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)    Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
Price(s)
Volume(s)
 
(i)
HKD 110.70
15,564
 
(ii)
HKD 110.70
 
15,564
(iii)
HKD 110.70
 
15,564
(iv)
HKD 110.70
 
23,346
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
70,038
 
HKD 110.70
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 
Hong Kong Stock Exchange
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Avnish Kalra
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Risk and Compliance Officer (PDMR)
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)         Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)        Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)       Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)       Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
Price(s)
Volume(s)
 
(i)
HKD 110.70
 
22,977
(ii)
HKD 110.70
 
22,977
(iii)
HKD 110.70
 
22,977
(iv)
HKD 110.70
 
34,466
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
103,397
 
HKD 110.70
 
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 
Hong Kong Stock Exchange
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Rajeev Mittal
2
Reason for the notification
 
a)
Position/status
 
Chief Executive Officer, Eastspring Investments (PDMR)
b)
Initial notification /Amendment
 
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
 
Prudential plc
b)
LEI
 
5493001Z3ZE83NGK8Y12
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
Nature of the transactions
 
 
(i)    Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)  Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)  Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
Price(s) and volume(s)
 
 
 
Price(s)
Volume(s)
 
(i)
HKD 110.70
 
11,146
(ii)
HKD 110.70
 
11,146
(iii)
HKD 110.70
 
11,146
(iv)
HKD 110.70
 
16,719
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
50,157
 
HKD 110.70
e)
Date of the transactions
 
2026-03-25
f)
Place of the transactions
 
Hong Kong Stock Exchange
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Angel Ng
2
 
Reason for the notification
 
a)
 
Position/status
 
Regional CEO, Greater China; Group Customer, Wealth and Product (PDMR)
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)     Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)    Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
Price(s)
Volume(s)
 
(i)
HKD 110.70
 
36,661
(ii)
HKD 110.70
 
36,661
(iii)
HKD 110.70
 
36,661
(iv)
HKD 110.70
 
54,992
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
164,975
 
HKD 110.70
 
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 2
Hong Kong Stock Exchange
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Kenneth Rappold
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Strategy and Transformation Officer (PDMR)
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)         Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)        Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)       Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)       Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
Price(s)
 
Volume(s)
(i)
HKD 110.70
 
14,041
(ii)
HKD 110.70
 
14,041
(iii)
HKD 110.70
 
14,041
(iv)
HKD 110.70
 
21,061
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
63,184
 
HKD 110.70
 
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 
Hong Kong Stock Exchange
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Naveen Tahilyani
2
 
Reason for the notification
 
a)
 
Position/status
 
Regional CEO, Indonesia, Malaysia, the Philippines, India, Africa; Group Agency and Health (PDMR)
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)    Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
Price(s)
Volume(s)
 
(i)
HKD 110.70
 
9,008
(ii)
HKD 110.70
 
9,008
(iii)
HKD 110.70
9,008
 
(iv)
HKD 110.70
13,512
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
40,536
 
HKD 110.70
 
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 
Hong Kong Stock Exchange
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name2
 
Dennis Tan
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Regional CEO, Singapore, Thailand, Vietnam, Cambodia, Laos, Myanmar; Group Partnership Distribution (PDMR)
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Prudential plc
b)
 
LEI
 
5493001Z3ZE83NGK8Y12
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 5 pence each
 
GB0007099541
 
b)
 
Nature of the transactions
 
 
(i)     Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2027
(ii)    Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2028
(iii)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029
(iv)   Receipt of an award under the Prudential Global Long Term Incentive Plan to be released in March 2029 subject to the achievement of performance criteria
 
c)
 
Price(s) and volume(s)
 
 
 
Price(s)
Volume(s)
 
(i)
HKD 110.70 
 
17,488
(ii)
HKD 110.70
 
17,488
(iii)
HKD 110.70
 
17,488
(iv)
HKD 110.70
 
26,232
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
78,696
 
HKD 110.70
 
e)
 
Date of the transactions
 
2026-03-25
f)
 
Place of the transactions
 
Hong Kong Stock Exchange
 
 
Additional information
 
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.
 
https://www.prudentialplc.com/
 
Contact
 
Hannah Perera, Director, Group Reward and CHRO UK Group HR,  +44 (0)20 3977 9529
 
Sylvia Edwards, Deputy Group Secretary, +44 (0)20 3977 9214
  
 
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: 27 March 2026
 
 
PRUDENTIAL PUBLIC LIMITED COMPANY
 
 
 
By: /s/ Sylvia Edwards
 
 
 
Sylvia Edwards
 
Deputy Group Secretary

FAQ

What did Prudential plc (PUK) disclose in this Form 6-K?

Prudential plc disclosed that several senior executives received share awards under its Global Long Term Incentive Plan. The awards relate to ordinary shares at HKD 110.70 and are scheduled to be released between March 2027 and March 2029, with some tranches performance-based.

Which Prudential (PUK) executives received long-term incentive share awards?

Awards were granted to senior leaders including Anette Bronder, Ben Bulmer, Catherine Chia, Avnish Kalra, Rajeev Mittal, Angel Ng, Kenneth Rappold, Naveen Tahilyani and Dennis Tan. Each holds a senior group or regional role and is classified as a person discharging managerial responsibilities.

How are the Prudential (PUK) long-term incentive awards structured?

Each executive received four tranches of ordinary share awards under the Prudential Global Long Term Incentive Plan. Three tranches are scheduled for release in March 2027, March 2028 and March 2029, and a fourth March 2029 tranche is explicitly subject to performance criteria before release.

At what price were the Prudential (PUK) share awards valued?

The awards were referenced at a price of HKD 110.70 per ordinary share. This price was consistently used to present individual and aggregated award volumes for each executive, all recorded as transactions on the Hong Kong Stock Exchange dated 25 March 2026.

On which exchange were the Prudential (PUK) award transactions recorded?

All reported transactions for the long-term incentive awards took place on the Hong Kong Stock Exchange. Prudential plc has a primary listing in Hong Kong, and the notification records the place of each executive’s award-related transaction as the Hong Kong Stock Exchange.

Over what period will Prudential (PUK) executive awards be released?

The disclosed awards are scheduled for release in three future periods: March 2027, March 2028 and March 2029. In addition, a further March 2029 tranche for each executive will only be released if specified performance criteria under the plan are achieved.
Prudential

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