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Prudential prices 130.8 million offer shares at HK$143.8 per share

The Edge Singapore
The Edge Singapore 9/26/2021 8:29 PM GMT+08  • 2 min read
Prudential prices 130.8 million offer shares at HK$143.8 per share
Prudential is to price its offer shares at HK$143.8 per share, to start trading on Oct 4.
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On September 20, 2021, Prudential announced that it was raising up to 5% of its issued share capital, or up to approximately 130.8 million new shares, through a concurrent Hong Kong public offer and international placing.

See also: Prudential plans US$2.89 billion share offering in Hong Kong

On Sept 26, Prudential announced that the final offer prices for both the Public Offer and the Placing (Offer Shares) have been set at HK$143.8 per Offer Share. Applicants are required to pay, in addition to the application monies for the number of Offer Shares which they have applied for, brokerage of 1%, SFC transaction levy of 0.0027% and HK Stock Exchange trading fee of 0.005%.

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