Key Highlights

• Prudential plc has issued 1,357 new ordinary shares of 5p each (ISIN: GB0007099541) as part of the Prudential Sharesave Plan 2023.
• These shares have already been admitted to trading on the Main Market of the London Stock Exchange under an existing block admission from November 2019.
• The newly issued shares are fully fungible with existing ordinary shares.
• There is no dilution for existing shareholders beyond this pre-approved block admission.

Details of the Equity Issuance

On 18 February 2026, Prudential plc announced the allotment and issuance of 1,357 new ordinary shares of 5p each. This issuance is in connection with the company’s Sharesave Plan 2023, a widely used employee share plan designed to align employee and shareholder interests and incentivize staff through equity participation.

The shares were admitted to trading under an existing block admission and are identical in all respects to the company’s existing ordinary shares. This ensures liquidity, ease of trading, and no distinction for holders between the new and old shares.

Corporate Background and Dual Listings

Prudential plc is a major provider of life and health insurance and asset management services across Greater China, ASEAN, India, and Africa. The company is on a mission to be the most trusted partner and protector for current and future generations, focusing on simple and accessible financial and health solutions.

Prudential is dually listed on the Hong Kong Stock Exchange (HKEX: 2378) and the London Stock Exchange (LSE: PRU), with additional listings on the Singapore Stock Exchange (SGX: K6S) and the New York Stock Exchange (NYSE: PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is eligible for trading via the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programmes.

Note: Prudential plc is not affiliated with Prudential Financial, Inc. (USA) or The Prudential Assurance Company Limited (a subsidiary of M&G plc, UK).

Implications for Shareholders

• The newly issued shares represent a very minor increase in the company’s total share capital. There is no significant dilution.
• The issuance is part of an ongoing employee incentive program and does not indicate a broader capital raising, strategic transaction, or change in control.
• As the shares have already been included in block admission and are fully fungible, the market impact is expected to be minimal.
• Shareholders do not need to take any action as a result of this issuance.

Potential Price Sensitivity

Given the extremely limited size of this share issuance (1,357 shares relative to the company’s large market capitalization) and the fact that it is part of a pre-existing employee incentive plan, this announcement is not expected to be price sensitive or materially affect the share value in the market.

Contact Information

For further information, shareholders and analysts may contact Sylvia Edwards, Deputy Group Secretary, at +44 (0)7920 702682.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, or solicitation to buy or sell any securities. Investors are advised to conduct their own research or consult professional advisors prior to making any investment decisions regarding Prudential plc.

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