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”)


19 April 2021

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 Old Mutual Limited’s (“Old Mutual”) Long-Term
Incentive Plan (LTIP) Rules:



 Director                      Iain G Williamson
 Position                      Non-executive director
 Company                       Old Mutual Insure
                               Off-market award of Conditional shares in respect of LTIP
 Nature of transactions
                               Awards granted
 Class of Securities           Old Mutual ordinary shares
 Transaction Date              16-Apr-21
                               Award vests in equal tranches on 09 April 2024, 09 April 2025
                               and 09 April 2026 respectively subject to meeting the required
 Vesting Date
                               conditions as determined by the Old Mutual Remuneration
                               Committee.
 Number of shares              1 804 814
 Grant Price per share         R 13.0900
 Value of Transaction          R 23 625 015.26
 Nature of interest            Direct beneficial
 Clearance obtained            Yes
 Place of the transaction      XOFF


 Director                      Garth Napier
 Position                      Managing Director
 Company                       Old Mutual Insure
                               Off-market award of Conditional shares in respect of LTIP
 Nature of transactions
                               Awards granted
 Class of Securities           Old Mutual ordinary shares
 Transaction Date              16-Apr-21
                               Award vests in equal tranches on 09 April 2024, 09 April 2025
                               and 09 April 2026 respectively subject to meeting the required
 Vesting Date
                               conditions as determined by the Old Mutual Remuneration
                               Committee.
 Number of shares              582 650
Grant Price per share          R 13.0900
Value of Transaction           R 7 626 888.50
Nature of interest             Direct beneficial
Clearance obtained             Yes
Place of the transaction       XOFF


Director                   Nokuthula Manyoha
Position                   Financial Director
Company                    Old Mutual Insure
                           Off-market award of Conditional shares in respect of LTIP
Nature of transactions
                           Awards granted
Class of Securities        Old Mutual ordinary shares
Date of Acceptance         16-Apr-21
                           Award vests in equal tranches on 09 April 2024, 09 April 2025
                           and 09 April 2026 respectively subject to meeting the required
Vesting Date
                           conditions as determined by the Old Mutual Remuneration
                           Committee.
Number of shares           192 515
Grant Price per share      R 13.0900
Value of Transaction       R 2 520 021.35
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: 19-04-2021 05:21:00
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