To view the PDF file, sign up for a MySharenet subscription.

OLD MUTUAL PLC - Issue of Quilter Bond Prospectus

Release Date: 10/04/2018 07:10
Code(s): OML     PDF:  
Wrap Text
Issue of Quilter Bond Prospectus


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

   Ref 189/18
   9 April 2018



   ISSUE OF QUILTER BOND PROSPECTUS

   Old Mutual plc notes that its subsidiary Quilter Plc ( “Quilter”) has today issued a bond prospectus in
   respect of up to £200,000,000 4.478% Fixed Rate Reset Subordinated Notes due 2028 (the “Notes”).
   At the Old Mutual plc annual results announced on 15 March 2018, Quilter announced it had issued
   the Notes to J.P. Morgan Securities plc and that it intended to finalise a prospectus and obtain a
   listing for the Notes on the regulated market of the London Stock Exchange plc, with a view to a
   potential remarketing and secondary placement of the Notes. The prospectus has been published by
   Quilter today in connection with the listing and the remarketing and secondary placement of the
   Notes.


   DISCLAIMER - INTENDED ADDRESSEES

   Please note that the information contained in the Prospectus may be addressed to and/or targeted at
   persons who are residents of particular countries (specified in the Prospectus) only and is not
   intended for use and should not be relied upon by any person outside these countries and/or to whom
   the offer contained in the prospectus is not addressed. Prior to relying on the information contained in
   the Prospectus you must ascertain from the Prospectus whether or not you are part of the intended
   addressees of the information contained therein.
   Your right to access this service is conditional upon complying with the above requirement.


   Enquiries
   External communications
   Patrick Bowes                                    +44 20 7002 7440
   Investor relations
   Dominic Lagan (Old Mutual plc)                   +44 20 7002 7190
   John-Paul Crutchley (Quilter)                    +44 20 7002 7016

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


   Notes to Editors

   About Old Mutual plc

   Old Mutual plc is a holding company for several financial services companies. In March 2016, it announced a new
   strategy of managed separation entailing the separation of its underlying businesses into independently-listed,
   standalone entities.

   The managed separation strategy seeks to preserve and release the value currently trapped within the group
   structure. The managed separation will be materially complete by the end of 2018.

   BrightSphere Investment Group, a US based institutional asset manager, which rebranded from OM Asset
   Management in March 2018, is now independent from Old Mutual. The remaining underlying businesses are:

   Old Mutual Emerging Markets: Old Mutual Emerging Markets seeks to become a premium African financial
   services group that offers a broad spectrum of financial solutions to retail and corporate customers across key
   market segments in 17 countries.

   Nedbank: Nedbank ranks as a top-5 bank by capital on the African continent and Ecobank, in which Nedbank
   maintains a 21.2% shareholding, ranks within the top-10 banks by assets on the African continent.

   Quilter: Quilter is a leader in the UK and in selected offshore markets in wealth management, providing advice-led
   investment solutions and investment platforms to over 900,000 customers, principally in the affluent market
   segment.

   For the year ended 31 December 2017, Old Mutual reported an adjusted operating profit before tax of £2.0 billion.
   For further information on Old Mutual plc and the underlying businesses, please visit the corporate website at
   www.oldmutualplc.com.


   Sponsor:
   Merrill Lynch South Africa (Pty) Ltd

   Joint Sponsor:
   Nedbank Corporate and Investment Banking




Date: 10/04/2018 07:10:00 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.

Share This Story