Business
New shares to be issued for scrip dividend
Prudential PLC announced the issuance of 2,175,535 ordinary shares of 5 pence each in connection with the scrip dividend alternative related to the 2025 first interim dividend of 7.71 US cents per ordinary share. This scrip dividend alternative involves issuing new ordinary shares on the Hong Kong line only, requiring shareholders to hold a minimum of 175 ordinary shares on the record date. Furthermore, 704,332 of these shares will be sold through a share dealing facility for UK shareholders unable to provide a Hong Kong address or brokerage account details. The company intends to neutralize any minor dilution for shareholders resulting from the scrip issuance through on-market buybacks on the London Stock Exchange. Disclaimer*
About this update from Prudential Plc
[{"type":"text","content":"\n\nNew shares to be issued in connection with the scrip dividend alternative\n \nOn 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).\n \nPrudential 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.\n \nConsistent 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.\n \nFurther 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.\n \nAbout Prudential plc\n \nPrudential 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:...