LONDON, Oct. 20, 2003 (PRIMEZONE) -- Prudential PLC (NYSE:PUK) (LSE:PRU):
Schedule 11 -- Notification of Interests of Directors and Connected Persons
Holders in Prudential PLC
No of Reports in announcement:
1. Name of director:
JW Bloomer, PAJ Broadley, MGA McLintock, GM Wood, C Manning
2. Please state whether notification indicates that it is in respect of holding of the director named in 1 above or holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest:
N/A
3. Name of registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified):
Prudential QUEST Limited
4. Please state whether notification relates to a person(s) connected with the director named in 1 above and identify the connected person(s):
Qualifying Employee Share Ownership Trust ("QUEST")
5. Please state the nature of the transaction. For PEP transactions please indicate whether general/single/Company on PEP and if discretionary/non-discretionary:
Each of the executive directors of the Company technically become interested on 20th October 2003 in 318,200 shares of 5p each in the Company by virtue of Prudential "QUEST" Limited being allotted such shares and the executive directors being potential beneficiaries under the QUEST. Since 10th September 2002 the Directors have technically ceased to have an interest in 326,240 shares by virtue of Prudential QUEST Limited transferring such shares to employees of the Company to satisfy the exercise of options by those employees under the Prudential Savings-Related Share Option Scheme & M & G Savings-Related Share Option Scheme during the period of 10th September 2002 and 20th October 2003.
6. Number of shares/amount of stock acquired:
318,200
7. Percentage of issued class:
Less than 0.016%
8. Number of shares/amount of stock disposed:
326,240
9. Percentage of issued class:
Less than 0.016%
10. Class of security:
Shares of 5p each
11. Price per share:
Allotment Price: GBP4.59125
12. Date of transaction:
20th October 2003
13. Date company informed:
20th October 2003
14. Total holding following this transaction:
5,681,582
15. Total percentage holding of issued class following this notification:
Less than 0.28%
If a director has been granted options by the company, please complete the following fields:
16. Date of grant:
N/A
17. Period during which or date on which exercisable:
N/A
18. Total amount paid (if any) for grant of the option:
N/A
19. Description of shares or debentures involved: class, number:
N/A
20. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise:
N/A
21. Total number of shares or debentures over which options held following this notification:
N/A