Examples of Prudential ordinary shares in a sentence
Singapore Holders who wish to retain the option of receiving shares of Class A common stock may request to move their holding of interests in Prudential ordinary shares from CDP to CCASS, such that their interests in Prudential ordinary shares are credited into the relevant CCASS account by or before the Record Date for Hong Kong Shareholders.
A: No, the number of Prudential ordinary shares or Prudential ADRs you own will not change as a result of the Demerger.
The actual number of shares of JFI’s Class A common stock that Prudential will distribute will depend on the number of Prudential ordinary shares issued and outstanding on the Record Date.
This means that Prudential Shareholders will not be required to pay any consideration for the shares of Class A common stock they receive in the Demerger, surrender or exchange their Prudential ordinary shares in order to receive shares of Class A common stock or take any other action in connection with the Demerger.
Accordingly, you are entitled to receive one share of JFI’s Class A common stock for every 40 Prudential ordinary shares that you hold on the Record Date.
Holders of beneficial interests in Prudential ordinary shares through the CCASS If you hold an interest in Prudential ordinary shares through the CCASS, you will need to take further action to receive shares of Class A common stock to which you will be entitled or to take the Share Sale Option (which is available to Small Shareholders only).
Such Singapore Holder would then be considered as a holder of beneficial interests in Table of Contents Prudential ordinary shares through the CCASS, and the settlement process in respect of the shares of Class A common stock for such Singapore Holder would be as described in the section above.
Such Singapore Holder would then be considered as a holder of beneficial interests in Prudential ordinary shares through the CCASS, and the settlement process in respect of the shares of Class A common stock for such Singapore Holder would be as described in the section above.
If you wish to receive a direct registration statement in respect of your shares of Class A common stock, you should either (i) contact your CCASS participant to make the necessary arrangements with Computershare Hong Kong Investor Services Limited as soon as practicable to withdraw your Prudential ordinary shares from the CCASS before Hong Kong time on for you to be registered as the owner of your Prudential ordinary shares on the Record Date; or (ii) take action after the Record Date as explained below.
Prudential Shareholders will not be required to pay any consideration for the shares of Class A common stock they receive in the Demerger, surrender or exchange their Prudential ordinary shares in order to receive shares of Class A common stock or take any other action in connection with the Demerger.