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Prudential plc (LSE:PRU, HKEX:2378, NYSE:PUK, SGX:K6S) announced Wednesday that it has applied to the Financial Conduct Authority and the London Stock Exchange for the listing of 2,175,535 new ordinary shares of 5 pence each. The shares are expected to be admitted to the FCA Official List on Thursday.
According to the company’s statement, the new shares will rank equally with existing ordinary shares and will be issued in connection with the scrip dividend alternative for Prudential’s 2025 first interim dividend. Of the total, 16,166 shares will be issued to facilitate a share dealing arrangement for United Kingdom shareholders who are unable to provide a Hong Kong address or qualifying brokerage account details, which are required for holding shares on the Hong Kong line.
Prudential has arranged this share dealing facility to enable UK shareholders to participate in the scrip dividend alternative.
The company clarified that it is not affiliated with Prudential Financial, Inc. in the United States nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc.
This information is based on a press release statement included in Prudential’s recent SEC filing.
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