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PRU Prudential Plc

728.60
23.60 (3.35%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prudential Plc LSE:PRU London Ordinary Share GB0007099541 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  23.60 3.35% 728.60 724.40 724.60 726.00 711.40 711.40 31,739,208 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 12.19B 1.7B 0.6178 11.73 19.94B

J.P. Morgan Securities Places 57 Million M&G Shares at GBP2.05

23/10/2019 7:48am

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Prudential (LSE:PRU)
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   By Adria Calatayud 
 

Shareholders in M&G PLC (MNG.LN) have sold 57 million shares in the company at 2.05 pounds ($2.65) a share, following its demerger from Prudential PLC (PRU.LN), broker J.P. Morgan Securities PLC said Wednesday.

The sale price represents a 1.2% premium to Tuesday's closing price of GBP2.03.

The share sale raised gross proceeds of GBP117 million, which will be distributed to the entitled Prudential American depositary receipt holders, J.P. Morgan Securities said. J.P. Morgan said it was depositary of the M&G shares following the company's spinoff from Prudential, which took effect earlier this week.

 

Write to Adria Calatayud at adria.calatayudvaello@dowjones.com

 

(END) Dow Jones Newswires

October 23, 2019 02:33 ET (06:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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