The Group has changed the presentation currency for its consolidated financial statements to US dollars, starting with the full year ended 31 December 2019. Those holding their shares on the UK and Hong Kong share registers will continue to receive their dividend payments in pounds sterling or Hong Kong dollars respectively unless they elect to receive payment in US dollars. Elections may be subsequently revoked and dividend payments will default to payments in pounds sterling or Hong Kong dollars respectively.
The cash dividend is quoted in US dollars and the amount that you will receive per share in pounds sterling or in Hong Kong dollars is expected to be announced prior to the payment of the dividend. The timing for making such an election is announced at the time each dividend is declared and shareholders may contact the relevant registrar for further information.
How to make a currency election
For shares held in certificated form on the UK register, USD elections can be made by downloading the relevant currency election form available at www.shareview.co.uk/info/pru/usds and returning it once completed to our UK registrar Equiniti using the address detailed on the form.
From the 2019 second interim dividend payment, shareholders holding their shares in dematerialised form on the UK register will receive their dividends primarily in CREST. These shareholders will need to ensure that Euroclear UK and Ireland has set their dividend mandate flag accordingly. Furthermore, in order to receive dividends across the available currencies, pounds sterling and US dollars, these shareholders should provide CREST Memorandum Accounts for each of these currencies. Alternatively, shareholders who do not opt to receive dividends in CREST should provide their bank account details to our UK Registrar, Equiniti. US Dollar bank account details can be provided by completing the relevant mandate form available at www.shareview.co.uk/info/pru/usds and returning it to Equiniti. CREST Members should ensure the relevant dividend election is also made or revoked in CREST.
For shares held in certificated form on the Hong Kong register, USD elections can be made or revoked using the currency election form that will be supplied to shareholders by the Hong Kong registrar, Computershare. Please contact Computershare using the details below if you do not receive the form or for further information.
If you take no action, your dividend will continue to be paid in your existing currency.
For further information, please contact the relevant registrar as follows:
Telephone: 0371 384 2035
Textel: 0371 384 2255
Telephone (outside the UK): +44 121 415 7026
Hong Kong register:
Computershare Hong Kong Investor Services Limited
Telephone: +852 2862 8555