Prudential PLC Presentation by Group Chief Executive (6703N)
September 25 2019 - 8:46AM
UK Regulatory
TIDMPRU
RNS Number : 6703N
Prudential PLC
25 September 2019
NEWS RELEASE
25 September 2019
Presentation by Group Chief Executive
Mike Wells, the Group Chief Executive of Prudential plc, is
presenting this afternoon at the Bank of America Merrill Lynch
Banking and Financial Services Conference in London.
The presentation slides have been published at
www.prudentialplc.com/investors
Further to the announcement made earlier today regarding the
proposed demerger of M&G plc ("M&G") from Prudential plc
("Prudential"), a general meeting of Prudential will be held in the
conference suite at Nomura, 1 Angel Lane, London EC4R 3AB at 9.30am
(UK time) / 4.30pm (Hong Kong time) on 15 October 2019. Further
details are set out in the Circular and the notice of general
meeting contained within it.
It is expected that the demerger will be completed and that the
M&G shares will be admitted to trading on the London Stock
Exchange's main market for listed securities by no later than 8am
(UK time) on 21 October 2019.
Enquiries:
Media Investors/Analysts
+44 (0)20 3977 +44 (0)20 3977
Jonathan Oliver 9500 Patrick Bowes 9702
+44 (0)20 3977 +44 (0)20 3977
Tom Willetts 9760 William Elderkin 9215
+44 (0)20 3977
Addy Frederick 9399
Notes to Editors:
About Prudential plc
Prudential plc and its affiliated companies constitute one of
the world's leading financial services groups, serving 26 million
customers, with GBP717 billion of assets under management (as at 30
June 2019). Prudential plc is incorporated in England and Wales and
is listed on the stock exchanges in London, Hong Kong, Singapore
and New York. 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.
About M&G plc
M&G plc is a leading savings and investments business which
was formed in 2017 through the merger of Prudential plc's UK and
Europe savings and insurance operation and M&G, its
wholly-owned international investment manager. In March 2018,
Prudential plc announced its intention to demerge the company with
a premium listing on the London Stock Exchange. As an independent
company, M&G plc will have a single corporate identity and will
continue with two customer-facing brands; Prudential for savings
and insurance customers in the UK and Europe and for asset
management in South Africa and M&G Investments for asset
management clients globally.
Disclaimer
This announcement does not constitute an offer of securities for
sale or a solicitation of an offer to purchase securities in any
jurisdiction nor shall it (or any part of it) or the fact of its
distribution, form the basis of, or be relied on in connection
with, any contract therefor.
The shares of M&G have not been, and will not be, registered
under the US Securities Act of 1933, as amended (the "US Securities
Act"), and may not be offered or sold in the United States, except
pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the US Securities Act.
No offer of shares of M&G will be made as part of the
demerger and the Prospectus has been published solely in connection
with the proposed admission of M&G's ordinary shares to the
premium listing segment of the Official List and to trading on the
London Stock Exchange.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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