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OLD MUTUAL PLC - Acquisition of Intrinsic

Release Date: 01/07/2014 11:25
Code(s): OML     PDF:  
Wrap Text
Acquisition of Intrinsic

   OLD MUTUAL PLC
   ISIN CODE: GB00B77J0862
   JSE SHARE CODE: OML
   NSX SHARE CODE: OLM
   ISSUER CODE: OLOML
   Old Mutual plc
   Ref 108/14
   1 July 2014

   ACQUISITION OF INTRINSIC
   Old Mutual plc today announces that the acquisition of Intrinsic Financial Services, one of the largest
   networks of financial advisers in the UK, is now complete. The acquisition was announced on 28
   February 2014 and is part of Old Mutual Wealth’s strategy of building an integrated customer
   proposition comprising financial advice, asset management and tax efficient products.

   Enquiries
   External communications
   Patrick Bowes                          UK    +44 20 7002 7440
   Investor relations
   Dominic Lagan                          UK    +44 20 7002 7190

   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

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