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UBS Group cuts Prudential (NYSE: PUK) stake from over 5% to zero

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

Rhea-AI Filing Summary

Prudential plc reports a major change in share ownership. A previous significant shareholder, identified through chains headed by UBS Group AG, has reduced its holding from just over 5% of voting rights to 0% and now holds no voting rights in the company.

The disclosure shows that both voting rights attached to shares and those held through financial instruments are now 0.000000%, compared with a prior total of 5.155180% of voting rights. This means UBS Group AG and its related entities are no longer a reportable major shareholder in Prudential under UK disclosure rules.

Positive

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Negative

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Insights

UBS Group AG and affiliates no longer reportable major holders of Prudential shares.

The notification shows entities controlled by UBS Group AG moving from a combined 5.155180% of Prudential voting rights to 0%. Both voting rights attached to shares and via financial instruments are now reported as 0.000000%.

This represents the exit of a previously significant institutional holder, but it does not directly change Prudential’s operations or capital structure. The filing simply updates the shareholder register information; actual impact depends on broader market context not provided here.

Previous voting rights via shares 5.044417% Voting rights attached to shares before threshold crossing
Previous voting rights via instruments 0.110763% Voting rights through financial instruments before threshold crossing
Previous total voting rights 5.155180% Combined voting rights before position fell below notifiable threshold
Current voting rights via shares 0.000000% Voting rights attached to shares after threshold crossing
Current voting rights via instruments 0.000000% Voting rights through financial instruments after threshold crossing
Current total voting rights held 0 Total number of voting rights held in Prudential by the notifying holder
voting rights attached to shares financial
" % of voting rights attached to shares (total of 8.A)"
voting rights through financial instruments financial
"% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)"
financial instruments financial
"Financial Instruments according to (DTR5.3.1R.(1) (a))"
Financial instruments are assets or contracts that hold monetary value and can be bought, sold, or traded. They serve as tools for investors to grow, protect, or transfer money, much like how a ticket or voucher can be used to access goods or services. These instruments help individuals and organizations manage financial goals and risks across different markets and economic conditions.
proxy voting financial
"10. In case of proxy voting Name of the proxy holder"
Proxy voting is a process that allows investors to have their voting power on company decisions exercised by someone else if they cannot attend meetings in person. It ensures that their opinions are still represented, similar to authorizing someone else to vote on their behalf at an election. This helps investors influence company actions even when they cannot be physically present.
ultimate controlling person financial
"Ultimate controlling person | Name of controlled undertaking"

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 April, 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-

 
 
TR-1: Standard form for notification of major holdings
 
1. Issuer Details
 
ISIN
 
GB0007099541
 
Issuer Name
 
Prudential Public Limited Company
 
UK or Non-UK Issuer
 
UK
 
2. Reason for Notification
 
An acquisition or disposal of voting rights; Other
 
Comments
 
UBS trading book holdings in Prudential PLC fell below 5% and are therefore exempt from reporting
 
3. Details of person subject to the notification obligation
 
Name
 
UBS Group AG-Investment Bank & Global Wealth Management
 
City of registered office (if applicable)
 
London
 
Country of registered office (if applicable)
 
United Kingdom
 
4. Details of the shareholder
 
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
 
 
 
City of registered office (if applicable)
 
 
 
Country of registered office (if applicable)
 
 
 
5. Date on which the threshold was crossed or reached
 
30-Mar-2026
 
6. Date on which Issuer notified
 
01-Apr-2026
 
7. Total positions of person(s) subject to the notification obligation
 
 
% of voting rights attached to shares (total of 8.A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
 
0.000000
 
0.000000
 
0.000000
 
0
 
Position of previous notification (if applicable)
 
5.044417
 
0.110763
 
5.155180
 
 
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
 
8A. Voting rights attached to shares
 
Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
GB0007099541
  
 
0
 
 
0.000000
 
Sub Total 8.A
 
0
 
0.000000%
 
 
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
 
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
 
 
 
 
 
 
Sub Total 8.B1
 
 
 
 
 
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
 
Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
 
 
 
 
 
 
 
Sub Total 8.B2
 
 
 
 
 
9. Information in relation to the person subject to the notification obligation
 
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
 
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
UBS Group AG (Chain 1)
 
 
 
 
 
UBS Group AG (Chain 1)
 
UBS AG
 
 
 
 
UBS Group AG (Chain 2)
 
 
 
 
 
UBS Group AG (Chain 2)
 
UBS AG
 
 
 
 
UBS Group AG (Chain 2)
 
UBS Switzerland AG
 
 
 
 
UBS Group AG (Chain 3)
 
 
 
 
 
UBS Group AG (Chain 3)
 
UBS AG
 
 
 
 
UBS Group AG (Chain 3)
 
UBS Bank (Canada)
 
 
 
 
UBS Group AG (Chain 4)
 
 
 
 
 
UBS Group AG (Chain 4)
 
UBS AG
 
 
 
 
UBS Group AG (Chain 4)
 
UBS Americas Holding LLC
 
 
 
 
UBS Group AG (Chain 4)
 
UBS Americas Inc.
 
 
 
 
UBS Group AG (Chain 4)
 
UBS Securities LLC
 
 
 
 
 
10. In case of proxy voting
 
Name of the proxy holder
 
 
 
The number and % of voting rights held
 
 
 
The date until which the voting rights will be held
 
 
 
11. Additional Information
 
UBS trading book holdings in Prudential PLC fell below 5% and are therefore exempt from reporting.
 
12. Date of Completion
 
01-Apr-2026
 
13. Place Of Completion
 
Zurich, Switzerland
 
 
 
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: 01 April 2026
 
 
PRUDENTIAL PUBLIC LIMITED COMPANY
 
 
 
By: /s/ Thomas Clarkson
 
 
 
Thomas Clarkson
 
Company Secretary
Prudential

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