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LONDON - Prudential plc (LSE:PRU) will list 2,175,535 new ordinary shares on the London Stock Exchange, with admission expected on Thursday, according to a company statement.
The new shares, each with a nominal value of 5 pence, will be issued in connection with the company’s scrip dividend alternative for its 2025 first interim dividend. Once issued, the shares will rank equally with existing ordinary shares.
The financial services company noted that 16,166 of these shares will be specifically issued for a share dealing facility. This facility allows United Kingdom shareholders to participate in the scrip dividend alternative if they cannot provide a Hong Kong address or details of a qualifying Hong Kong brokerage account.
Prudential has already submitted an application to both the Financial Conduct Authority and the London Stock Exchange for the listing of these new shares on the FCA Official List.
The company provides life and health insurance and asset management services across Greater China, ASEAN, India and Africa. Prudential maintains dual primary listings on the Stock Exchange of Hong Kong (HKEX:2378) and the London Stock Exchange, with secondary listings on the Singapore Stock Exchange (SGX:K6S) and the New York Stock Exchange (NYSE:PUK).
The information was disclosed in a regulatory news service announcement from the London Stock Exchange.
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