[6-K] PRUDENTIAL PLC Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Prudential plc offered a scrip dividend alternative for its 2025 first interim dividend of 7.71 US cents per ordinary share, with a record date of 5 September 2025. The company will issue 2,175,535 new ordinary shares on the Hong Kong line only; these shares will rank pari passu with existing shares. A minimum holding of 175 shares was required to participate. Of the new shares, 704,332 will be sold through a share dealing facility for U.K. shareholders who cannot provide Hong Kong details. The Board intends to neutralise any minor dilution via on-market buybacks on the London Stock Exchange.

Positive

• 2,175,535 new ordinary shares will be issued to satisfy the scrip dividend, providing shareholders a non-cash option
• Issued shares will rank pari passu with existing ordinary shares
• Board intends to neutralise minor dilution via on-market buybacks on the London Stock Exchange
• 704,332 shares will be sold via a dealing facility to accommodate U.K. shareholders without Hong Kong details

Negative

• The scrip dividend alternative applies only to the Hong Kong line, limiting the issuance route
• Shareholders had to hold a minimum of 175 ordinary shares on the record date to participate
• The issuance will cause minor dilution to existing shareholders (though the Board plans buybacks to neutralise it)

Insights

Financial Analyst

TL;DR Routine scrip dividend issuance preserves cash while creating modest share supply; dilution is being managed via buybacks.

The filing describes a standard scrip dividend mechanism for the 2025 first interim dividend of 7.71 US cents per share, producing 2,175,535 new ordinary shares on the Hong Kong line. The operation appears designed to provide shareholders with a non-cash option while conserving cash that would otherwise be paid as dividends. The explicit plan to neutralise minor dilution through on-market buybacks indicates management intent to limit net share count impact. The issuance of 704,332 shares via a dealing facility addresses administrative constraints for certain U.K. holders.

Corporate Governance Expert

TL;DR Disclosure is clear on mechanics and shareholder eligibility; governance steps taken to offset dilution are stated.

Prudential provides clear disclosure of the scrip dividend terms, including eligibility (minimum 175 shares), the Hong Kong-line issuance, and the exact number of shares to be issued. Stating that new shares will rank pari passu assures shareholders of equal rights. The Board's commitment to on-market buybacks to neutralise minor dilution is a governance measure to protect existing holders. The filing also cites the Evergreen Scrip Dividend Scheme documents for further details, supporting transparency.

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-

New shares to be issued in connection with the scrip dividend alternative

On 27 August 2025, Prudential plc ("Prudential") announced a scrip dividend alternative in respect of the 2025 first interim dividend of 7.71 US cents per ordinary share (the "Dividend"), offered in accordance with the Evergreen Scrip Dividend Scheme Terms and Conditions. The scrip dividend alternative involves the issuance of relevant new ordinary shares on the Hong Kong line only. 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).

Prudential announces that 2,175,535 ordinary shares of 5 pence each will be issued in connection with the scrip dividend alternative (the "Shares"). When issued, these Shares will rank pari passu with the existing ordinary shares. 704,332 of the Shares will be sold pursuant to the share dealing facility which Prudential has made available to enable United Kingdom shareholders to participate in the scrip dividend alternative if they cannot provide an address in Hong Kong or details of a Hong Kong qualifying brokerage account (a requirement of holding shares on the Hong Kong line). Further announcements will be made in due course in respect of the listing and admission of the Shares.

Consistent with the Board's policy on scrip and staff incentive scheme share issuances, it is intended that any minor dilution for shareholders resulting from the scrip issuance will be neutralised through the on-market buyback of shares on the London Stock Exchange.

Further details can be found in the Evergreen Scrip Dividend Scheme Terms and Conditions available on Prudential's website at www.prudentialplc.com/en/investors/shareholder-information/dividend/scrip-dividend.

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/

Contact

Tom Clarkson, Company Secretary, +44 (0)20 3977 9172

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: 30 September 2025

PRUDENTIAL PUBLIC LIMITED COMPANY

By: /s/  Thomas S. Clarkson

Thomas S. Clarkson

Company Secretary 

FAQ

What was the scrip dividend amount announced by Prudential (PUK)?

Prudential announced a scrip dividend alternative for the 2025 first interim dividend of 7.71 US cents per ordinary share.

How many new shares will Prudential issue in connection with the scrip dividend?

Prudential will issue 2,175,535 ordinary shares of 5 pence each in connection with the scrip dividend.

What was the record date for eligibility to participate in the scrip dividend?

Shareholders needed to hold a minimum of 175 ordinary shares on the record date of 5 September 2025 to participate.

Will all shareholders be able to receive the new shares directly?

The scrip dividend involves issuance on the Hong Kong line only; 704,332 shares will be sold via a dealing facility for U.K. shareholders who cannot provide Hong Kong details.

How will Prudential address dilution from the scrip issuance?

Consistent with Board policy, any minor dilution from the scrip issuance is intended to be neutralised through on-market buybacks on the London Stock Exchange.