OLD MUTUAL INSURE LIMITED - Dealings in securities by directors of Old Mutual Insure

Dealings in securities by directors of Old Mutual Insure

OLD MUTUAL INSURE LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1970/006619/06
JSE alpha code: MFEI
(“Old Mutual Insure”)

26 April 2022

DEALINGS IN SECURITIES BY DIRECTORS OF OLD MUTUAL INSURE

In accordance with paragraph 6.42 of the Debt Listings Requirements, debtholders are
advised that the following directors of Old Mutual Insure have been awarded, and have
accepted, conditional shares in terms of the Old Mutual Limited (“Old Mutual”) Long-Term
Incentive Plan (LTIP) rules:

 Director                      Garth Napier
 Position                      Managing Director
 Company                       Old Mutual Insure
                               Off-market award of conditional shares in respect of the
 Nature of transactions
                               annual LTIP Award
 Class of Securities           Old Mutual ordinary shares
 Transaction Date              25-Apr-22
                               Award vests in equal tranches on 13 April 2025, 13 April 2026
                               and 13 April 2027 respectively subject to meeting the required
 Vesting Date
                               conditions as determined by the OML Remuneration
                               Committee.
 Number of shares              258 340
 Grant Price per share         R13.7900
 Value of Transaction          R3 562 508.6000
 Nature of interest            Direct beneficial
 Clearance obtained            Yes
 Place of the transaction      XOFF

 Director                      Iain George Williamson
 Position                      Non-executive director
 Company                       Old Mutual Insure
                               Off-market award of conditional shares in respect of the
 Nature of transactions
                               annual LTIP Award
 Class of Securities           Old Mutual ordinary shares
 Transaction Date              20-Apr-22
                               Award vests in equal tranches on 13 April 2025, 13 April 2026
 Vesting Date
                               and 13 April 2027 respectively subject to meeting the required
                               conditions as determined by the OML Remuneration
                               Committee.
 Number of shares              1 018 130
 Grant Price per share         R13.7900
 Value of Transaction          R14 040 012.7000
 Nature of interest            Direct beneficial
 Clearance obtained            Yes
 Place of the transaction      XOFF

Sandton

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 26-04-2022 10:10:00
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