Prudential PLC Major Shareholding Notification (4127N)

TIDMPRU

RNS Number : 4127N

Prudential PLC

25 October 2016

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Prudential plc

   2.   Reason for the notification: 

An acquisition or disposal of voting rights

   3.   Full name of person(s) subject to the notification obligation: 

The Capital Group Companies, Inc.

   4.   Full name of shareholder(s) (if different from 3.): 

See answer to Question 9

   5.   Date of the transaction and date on which the threshold is crossed or reached: 

21 October 2016

   6.   Date on which issuer notified: 

24 October 2016

   7.   Threshold(s) that is/are crossed or reached: 

Below 10% - Aggregate of voting rights from shares

   8.   Details notified: 

8A: Voting rights attached to shares

 
 Class/type             Situation previous          Resulting situation after 
  of shares              to the triggering           the triggering transaction 
                         transaction 
---------------------  --------------------------  --------------------------------------------------- 
                        Number        Number        Number    Number of              % of voting 
                         of Shares     of Voting     of        voting rights          rights 
                                       Rights        shares 
---------------------  ------------  ------------  --------  ---------------------  ------------------ 
                                                    Direct    Direct   Indirect      Direct   Indirect 
---------------------  ------------  ------------  --------  -------  ------------  -------  --------- 
 Ordinary 
  5p (GB0007099541)     260,889,066   260,889,066                      253,596,129            9.8326% 
---------------------  ------------  ------------  --------  -------  ------------  -------  --------- 
 ADRs (US74435K2042)    452,615       905,230                              905,308            0.0351% 
---------------------  ------------  ------------  --------  -------  ------------  -------  --------- 
 

8B: Financial Instruments

Resulting situation after the triggering transaction:

 
 Type of       Expiration   Exercise/     Number of            % of voting 
  financial     date         Conversion    voting rights        rights 
  instrument                 Period/       that may 
                             Date          be acquired 
                                           if the Instrument 
                                           is exercised/ 
                                           converted 
 n/a           n/a          n/a           n/a                  n/a 
 

8C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

 
 Type of       Expiration   Exercise/     Number of            % of voting 
  financial     date         Conversion    voting rights        rights 
  instrument                 Period/       that may 
                             Date          be acquired 
                                           if the Instrument 
                                           is exercised/ 
                                           converted 
                                                               Nominal   Delta 
 n/a           n/a          n/a           n/a                   n/a      n/a 
 

Total (A+B+C):

 
 Number of voting rights   % of voting rights 
 254,501,437               9.8677% 
 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 
                                        Number of       Percent 
                                         Shares          of Outstanding 
-------------------------------------  --------------  ---------------- 
 The Capital Group Companies, 
  Inc. ("CG") holdings                  254,501,437     9.8677% 
-------------------------------------  --------------  ---------------- 
 Holdings by CG Management 
  Companies and Funds: 
  Capital Guardian Trust Company(1)      11,360,256      0.4405% 
  Capital International, Inc.(1)          53,647          0.0021% 
  Capital International Limited(1)        316,750         0.0123% 
  Capital International Sàrl(1)      274,267         0.0106% 
  Capital Research and Management         242,496,517     9.4023% 
   Company(2) 
-------------------------------------  --------------  ---------------- 
 

(1) Indirect subsidiaries of Capital Research and Management Company.

(2) Subsidiary of The Capital Group Companies, Inc.

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional information:

n/a

Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America.

Contact name for enquiries

Chris Smith, Deputy Group Secretary, [phone]

Company official responsible for making notification

Helen Archbold, Head of Corporate Secretariat

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 25, 2016 07:02 ET (11:02 GMT)