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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June, 2021
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation of registrant’s name into English)
1 Angel Court, London,
England, EC2R 7AG
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover Form 20-F or Form 40-F.
Form
20-F X
Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes
No X
If
“Yes” is marked, indicate below the file number assigned to the
registrant
in connection with Rule 12g3-2(b): 82-
2 June 2021
Prudential plc virtual investor conference
Prudential plc (“Prudential”) is holding a virtual conference for
investors and analysts which commenced with pre-recorded videos and
supporting materials covering key markets and capabilities on 28
May 2021. A live event including presentations by the Group’s
senior leadership will start at 6pm (Hong Kong Time) / 11am (UK
Time) today.
The presentations focus on Prudential’s Asia and Africa continuing
operations and highlight how we are executing on our strategy in
these high-growth businesses, and delivering long-term profitable
returns to shareholders with a focus on double-digit growth in
embedded value per share.
Mike Wells, Group Chief Executive of Prudential, said: “During this
interactive event, we will explain how Prudential’s ongoing
transformation into an exclusively Asia and Africa-focused company
is creating tangible long-term value. We will highlight how we
deliver on our purpose, which is to help people get the most out of
life by enabling them to become healthier and wealthier. The
virtual medium enables us to bring to life the innovation and
progress occurring throughout our Group. Our operational management
teams will explain how our commitment, rapid digitalisation and
focus on people and culture is translating into an improved
experience for our existing customers and is developing the
capacity to reach 50 million customers by 2025.”
“Prudential has a differentiated equity story to tell, which is a
distinctive combination of supportive structural trends across our
diversified Asia and Africa footprint, with an advantaged
multi-channel insurance and asset management platform. We believe
we have a highly sustainable shareholder value proposition, with
health and protection accounting for about two thirds of our
business1.
We hope investors and analysts will join us to interact with our
operational management teams and learn more about the journey we
are on, and the opportunities that lie ahead.”
All pre-recorded videos and supporting materials have been
published on a dedicated digital platform, details of which are
available on the Group’s website www.prudentialplc.com.
The live event on 2 June 2021 uses the same dedicated digital
platform. The presentations for this live event will be available
on the website from 6pm (Hong Kong Time) / 11am (UK Time) on 2 June
2021. After the event has concluded, all pre-recorded videos,
supporting materials and transcripts will also be published on the
website.
The event will not cover Prudential’s US business, Jackson, which
is expected to separate from the Group through a demerger in the
second half of 2021, subject to shareholder and regulatory
approvals. A Business and Jackson demerger update for the 2021
Annual General Meeting was provided on 13 May 2021.
Contact:
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Notes
1 Health and protection represented 65% of Asia life
value of In-force at 31 December 2020; 65% of Asia 2020 new
business profit.
Notes to editors
Investor conference
Analysts and investors who have not yet registered for the
conference may do so at Contact@PrudentialInvestorDay.com Registered
attendees will have received joining instructions by separate
mail.
Agenda
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Africa |
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China |
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India |
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India |
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Indonesia |
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Philippines |
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Thailand |
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Overview |
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Delivery |
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Translating |
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Q&A |
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Panel |
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Investment |
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About Prudential plc
Prudential plc is an Asia-led portfolio of businesses focused on
structural growth markets. The business helps people get the most
out of life through life and health insurance and retirement and
asset management solutions. Prudential plc has 17 million life
customers in its Asia and Africa businesses and is listed on 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, nor with The Prudential Assurance Company Limited, a
subsidiary of M&G plc, a company incorporated in the United
Kingdom.
Forward-Looking Statements
This document may contain ‘forward-looking statements’ with respect
to certain of Prudential’s plans and its goals and expectations
relating to its and Jackson’s future financial condition,
performance, results, strategy and objectives. Statements that are
not historical facts, including statements about Prudential’s
beliefs and expectations and including, without limitation,
statements containing the words ‘may’, ‘will’, ‘should’,
‘continue’, ‘aims’, ‘estimates’, ‘projects’, ‘believes’, ‘intends’,
‘expects’, ‘plans’, ‘seeks’ and ‘anticipates’, and words of similar
meaning, are forward-looking statements. These statements are based
on plans, estimates and projections as at the time they are made,
and therefore undue reliance should not be placed on them. By their
nature, all forward-looking statements involve risk and
uncertainty.
A number of important factors could cause Prudential’s and
Jackson’s actual future financial condition or performance or other
indicated results of the entity referred to in any forward-looking
statement to differ materially from those indicated in such
forward-looking statement. Such factors include, but are not
limited to, the ability to complete the proposed demerger of
Jackson Financial Inc. in the anticipated timeframe or at all; the
ability of the management of Jackson Financial Inc. and its group
to deliver on its business plan post-separation; the impact of the
current Covid-19 pandemic, including adverse financial market and
liquidity impacts, responses and actions taken by regulators and
supervisors, the impact to sales, claims and assumptions and
increased product lapses, disruption to Prudential’s operations
(and those of its suppliers and partners), risks associated with
new sales processes and information security risks; future market
conditions, including fluctuations in interest rates and exchange
rates, the potential for a sustained low-interest rate environment,
and the impact of economic uncertainty, asset valuation impacts
from the transition to a lower carbon economy, derivative
instruments not effectively hedging exposures arising from product
guarantees, inflation and deflation and the performance of
financial markets generally; global political uncertainties,
including the potential for increased friction in cross-border
trade and the exercise of executive powers to restrict trade,
financial transactions, capital movements and/or investment; the
policies and actions of regulatory authorities, including, in
particular, the policies and actions of the Hong Kong Insurance
Authority, as Prudential’s Group-wide supervisor, as well as new
government initiatives generally; given its designation as an
Internationally Active Insurance Group, the impact on Prudential of
systemic risk and other group supervision policy standards adopted
by the International Association of Insurance Supervisors; the
impact of competition and fast-paced technological change; the
effect on Prudential’s business and results from, in particular,
mortality and morbidity trends, lapse rates and policy renewal
rates; the physical, social and financial impacts of climate change
and global health crises on Prudential’s business and operations;
the timing, impact and other uncertainties of future acquisitions
or combinations within relevant industries; the impact of internal
transformation projects and other strategic actions failing to meet
their objectives; the effectiveness of reinsurance for Prudential’s
businesses; the risk that Prudential’s operational resilience (or
that of its suppliers and partners) may prove to be inadequate,
including in relation to operational disruption due to external
events; disruption to the availability, confidentiality or
integrity of Prudential’s information technology, digital systems
and data (or those of its suppliers and partners); any ongoing
impact on Prudential of the demerger of M&G plc and, if and
when completed, the demerger of Jackson Financial Inc.; the impact
of changes in capital, solvency standards, accounting standards or
relevant regulatory frameworks, and tax and other legislation and
regulations in the jurisdictions in which Prudential and its
affiliates operate; the impact of legal and regulatory actions,
investigations and disputes; and the impact of not adequately
responding to environmental, social and governance issues. These
and other important factors may, for example, result in changes to
assumptions used for determining results of operations or
re-estimations of reserves for future policy benefits. Further
discussion of these and other important factors that could cause
Prudential’s or Jackson’s actual future financial condition or
performance or other indicated results of the entity referred to in
any forward-looking statements to differ, possibly materially, from
those anticipated in Prudential’s forward-looking statements can be
found under the ‘Risk Factors’ heading in Prudential’s 2020 Annual
Report and the ‘Risk Factors’ heading of Prudential’s most recent
annual report on Form 20-F filed with the U.S. Securities and
Exchange Commission (“SEC“). Prudential’s most recent Annual Report and
Form 20-F are available on its website at www.prudentialplc.com
..
Any forward-looking statements contained in this document speak
only as of the date on which they are made. Prudential expressly
disclaims any obligation to update any of the forward-looking
statements contained in this document or any other forward-looking
statements it may make, whether as a result of future events, new
information or otherwise except as required pursuant to the UK
Prospectus Rules, the UK Listing Rules, the UK Disclosure Guidance
and Transparency Rules, the Hong Kong Listing Rules, the SGX-ST
listing rules or other applicable laws and
regulations. Prudential may also make or
disclose written and/or oral forward-looking statements in reports
filed with or furnished to the FCA, the SEC or other regulatory
authorities, as well as in its annual report and accounts to
shareholders, periodic financial reports to shareholders, proxy
statements, offering circulars, registration statements,
prospectuses and prospectus supplements, press releases and other
written materials and in oral statements made by directors,
officers or employees of Prudential to third parties, including
financial analysts. All such forward-looking statements are
qualified in their entirety by reference to the factors discussed
under the ‘Risk Factors’ heading in Prudential’s 2020 Annual Report
and the ‘Risk Factors’ heading of Prudential’s most recent annual
report on Form 20-F filed with the SEC. These factors are not
exhaustive as Prudential operates in a continually changing
business environment with new risks emerging from time to time that
it may be unable to predict or that it currently does not expect to
have a material adverse effect on its business.
Cautionary statements
This document does not constitute or form part of any offer or
invitation to purchase, acquire, subscribe for, sell, dispose of or
issue, or any solicitation of any offer to purchase, acquire,
subscribe for, sell or dispose of, any 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 securities referred to in
this document have not been and will not be registered under the
U.S. Securities Act of 1933, as amended
(the “U.S. Securities Act“), and may not be offered or sold in the United
States or to, or for the account or benefit of, U.S. persons (as
such term is defined in Regulation S under the U.S. Securities Act)
absent registration or an exemption from, or in a transaction not
subject to, the registration requirements of the U.S. Securities
Act and in accordance with applicable U.S. state securities laws.
Prudential does not intend to register any securities referred to
herein in the United States or to conduct a public offering of
securities in the United States.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: 02 June 2021
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