OLD MUTUAL PLC - Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities

   OLD MUTUAL PLC
   ISIN CODE: GB00B77J0862
   JSE SHARE CODE: OML
   NSX SHARE CODE: OLM
   ISSUER CODE: OLOML

   Old Mutual plc
   Ref 19/14
   11 March 2014


   NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
   MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS IN ACCORDANCE WITH
   RULE 3.1.4R OF THE DISCLOSURE AND TRANSPARENCY RULES
   
   The following restricted share award over Nedbank Group ordinary shares has been granted to Mr M
   W T Brown, Chief Executive of Nedbank Group Limited and a member of the Group Executive
   Committee of Old Mutual plc, under the terms of the Nedbank Group (2005) Share Option, Matched
   Share and Restricted Share Scheme:
    
    Grant Date          Vesting Criteria         Number of restricted shares granted              Value
    6 March 2014        Performance-based        62,200                                           R12,999,800

   The restricted shares were granted at the volume weighted average price (R209) for the three trading
   days ended 26 February 2014 at no cost to Mr Brown and vesting of these shares is due to occur
   (subject to fulfilment of the applicable performance criteria) on 7 March 2017.


   Enquiries
   External communications
   Patrick Bowes                          UK    +44 20 7002 7440
   Investor relations
   Dominic Lagan                          UK    +44 20 7002 7190
   Kelly de Kock                          SA    +27 21 509 8709

   Media
   William Baldwin-Charles                      +44 20 7002 7133
                                                +44 7834 524833
   Lead Sponsor:
   Merrill Lynch South Africa (Pty) Ltd

   Joint Sponsor:
   Nedbank Capital

   Notes to Editors
   Old Mutual provides life assurance, asset management, banking and general insurance to more than 16 million
   customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been
   listed on the London and Johannesburg Stock Exchanges, among others, since 1999.
   
   In the year ended 31 December 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on
   an IFRS basis) and had £294 billion of funds under management from core operations.

   For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com

Date: 11/03/2014 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.