Prudential to list 22,134 new shares on LSE

Published 13/05/2025, 10:56
Prudential to list 22,134 new shares on LSE

LONDON - Prudential (LON:PRU) plc, a leading life and health insurance and asset management provider, has announced the listing of 22,134 new ordinary shares on the London Stock Exchange (LON:LSEG) (LSE). The shares, each with a nominal value of 5 pence, are scheduled to be admitted to the Financial Conduct Authority’s (FCA) Official List on May 14, 2025, and will trade on the LSE.

The newly issued shares will rank equally with the existing ordinary shares. The company has stated that these shares are being issued in connection with the scrip dividend alternative for the 2024 second interim dividend. Specifically, 17,159 of the shares will be allocated to the share dealing facility that Prudential has established. This facility allows UK shareholders to participate in the scrip dividend option if they are unable to provide a Hong Kong address or the details of a qualifying Hong Kong brokerage account, which is a requirement for holding shares on the Hong Kong line.

Prudential plc operates in 24 markets across Asia and Africa, focusing on providing financial and health solutions that are simple and accessible. The company holds dual primary listings on the Hong Kong Stock Exchange (2378) and the London Stock Exchange (PRU), with secondary listings on the Singapore Stock Exchange (K6S) and the New York Stock Exchange (PUK) in the form of American Depositary Receipts. Prudential is also a constituent of the Hang Seng Composite Index and participates in the Shenzhen-Hong Kong Stock Connect and the Shanghai-Hong Kong Stock Connect programs.

It is important to note that Prudential plc is not affiliated with Prudential Financial (NYSE:PRU), Inc. based in the United States, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc in the United Kingdom (TADAWUL:4280).

The announcement is based on a press release statement and further details about the company and its operations can be found on the Prudential plc website.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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