OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure

Form 8.3 - Public Opening Position Disclosure

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


Ref 826 /15


10 December 2015


THE OLD MUTUAL WEALTH JOINT SHARE OWNERSHIP PLAN

This notification is made in accordance with DTR 3.1.4(a)
On 9 December 2015, Mr Paul Feeney, Chief Executive of Old Mutual Wealth Management Limited
("OMWM"), a subsidiary of Old Mutual plc (the "Company"), who is a person discharging managerial
responsibility (PDMR), was granted an award (the "Award") under the Old Mutual Wealth Joint Share
Ownership Plan (the "Plan"). The Plan was introduced in 2013 to align OMWM senior management
compensation with OMWM's key long-term strategic priorities. The Plan will reward success in
achieving these objectives by linking awards to the growth in value of the OMWM business through
quality and sustainable earnings.

The Award has been granted over 65,308 shares in the capital of OMWM (the "OMWM Shares") with
an initial value of £1,249,995. Under the terms of the Plan the shares will be owned jointly by Mr
Feeney and the trustee of the Plan, with Mr Feeney’s interest limited to the growth in value of the
shares over the initial value (the initial value being owned by the trustee). Mr Feeney’s interest has an
estimated fair value at award of £226,619.

The Award will normally vest at the end of a three year vesting period, subject to Mr Feeney's
continued employment and the other terms of the Plan. At the vesting date Mr Feeney’s interest in
the jointly owned OMWM Shares, to the extent they have vested under the Award and subject to the
terms of the Plan agreement, will be exchanged for shares in the capital of the Company using
existing shares purchased in the market, with an aggregate market value equal to the growth in value
of the vested OMWM Shares between the grant of Award and vesting date.


Enquiries
External communications
Patrick Bowes                    UK      +44 20 7002 7440
Investor relations
Dominic Lagan                    UK      +44 20 7002 7190
Sizwe Ndlovu                     SA      +27 11 217 1163

Media
William Baldwin-Charles                  +44 20 7002 7133
                                         +44 7834 524833


Sponsor:
Merrill Lynch South Africa (Pty) Ltd


Joint Sponsor:
Nedbank Capital
      
Notes to Editors

Old Mutual provides investment, savings, insurance and banking services to more than 17 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 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on
an IFRS basis) and had £319 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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