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OML - Old Mutual Plc - Notification of transactions of directors

Release Date: 19/04/2011 12:00
Code(s): OML
Wrap Text

OML - Old Mutual Plc - Notification of transactions of directors OLD MUTUAL PLC ISIN CODE: GB0007389926 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOML 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 DEALING IN NEDBANK GROUP LIMITED ORDINARY SHARES BY AKA-NEDBANK EYETHU TRUST The following information is disclosed in respect of the dealing in Nedbank Group Limited ordinary shares by the Aka-Nedbank Eyethu Trust, of which Aka Capital (Pty) Limited is the sole beneficiary. Dr Khoza, non-executive director of Old Mutual plc and non-executive Chairman of Nedbank Group Limited, has an indirect beneficial interest in the Aka-Nedbank Eyethu Trust as he is a director and 27% shareholder of Aka Capital (Pty) Limited: Name: Aka-Nedbank Eyethu Trust Date of the transaction: 15 April 2011 Price per share: R138.51 Number of securities: 200,000 Total value: R27,702,080 Nature of transaction: Sale Nature of trade: On market Prior to the above sale and the sales effected on 13 and 14 April 2011 that were referred to in the announcement published yesterday, the Aka-Nedbank Eyethu Trust held 0.4% of the issued ordinary shares in Nedbank Group Limited in terms of the Eyethu BEE transaction approved by Nedbank shareholders at the Nedbank general meeting on 22 July 2005. Following this transaction, the Aka- Nedbank Eyethu Trust no longer holds any Nedbank Group Limited shares. Enquiries External Communications Patrick Bowes +44 (0)20 7002 7440 Investor Relations Deward Serfontein SA +27 (0)82 810 5672 Aleida White UK +44 (0)20 7002 7287 Media William Baldwin-Charles +44 (0)20 7002 7133 Notes to Editors Old Mutual Old Mutual plc is an international long-term savings, protection and investment Group. Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 15 million customers in Europe, the Americas, Africa and Asia. Old Mutual plc is listed on the London Stock Exchange and the Johannesburg Stock Exchange, among others. In the year ended 31 December 2010, the Group reported adjusted operating profit before tax of GBP1.5 billion (on an IFRS basis) and had GBP309 billion of funds under management, from core operations. For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com Ref 51/11 19 April 2011 Sponsor: Merrill Lynch SA (Pty) Limited Date: 19/04/2011 12:00:09 Supplied by www.sharenet.co.za 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.

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