Prudential plc awards restricted stock to regional CEO under incentive plan

Published 08/10/2025, 12:44
Prudential plc awards restricted stock to regional CEO under incentive plan

Prudential plc (HKEX:2378, LSE:PRU, NYSE:PUK, SGX:K6S) disclosed Wednesday that Naveen Tahilyani, Regional CEO for India, Africa, the Philippines, Cambodia, Laos, Myanmar, and Health, received multiple awards of ordinary shares under the Prudential Restricted Stock Plan 2015.

According to a press release statement based on an SEC filing, the awards were granted on October 2 on the Hong Kong Stock Exchange. The awards comprise four tranches: two are scheduled for release in June 2026, with one subject to performance criteria, and two are scheduled for release in September 2027, also with one subject to performance criteria.

The price per share for each tranche was HKD 82.15. The volumes awarded were 52,963 shares for the first tranche, 26,482 shares for the second, 27,372 shares for the third, and 13,686 shares for the fourth, totaling 120,503 ordinary shares. The aggregated price for the awards was reported as HKD 99.30.

Prudential plc is listed on multiple exchanges, including Hong Kong, London, Singapore, and New York. The company stated it is not affiliated with Prudential Financial, Inc. of the United States or The Prudential Assurance Company Limited, a subsidiary of M&G plc in the United Kingdom.

All information is based on a press release statement and the SEC filing submitted Wednesday.

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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