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OLD MUTUAL LIFE ASSURANCE CO SA LIMITED - Notice of availability of annual financial statements

Release Date: 11/04/2018 17:00
Code(s): OML03 OML06 OML05 OML09 OML10 OML07 OML02 OML08 OML04     PDF:  
Wrap Text
Notice of availability of annual financial statements

       Old Mutual plc
       Ref 191/18
       11 April 2018


       OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LTD – NOTICE OF
       AVAILABILITY OF ANNUAL FINANCIAL STATEMENTS

       In accordance with clause 7.2 of the JSE Limited Listing Requirements, Old Mutual plc’s subsidiary,
       Old Mutual Life Assurance Company (South Africa) Ltd (OMLAC(SA)) (Registration number
       1999/004643/06), hereby notifies its debt investors that it has now publicly released its Audited
       Annual Financial Statements (AFS) for the year ended 31 December 2017 and that the audit report
       relating to the AFS is unqualified.
       
       The AFS are available on the Company’s website at www.oldmutualplc.com/reports and for
       inspection at Mutualpark, Jan Smuts Drive, Pinelands, Cape Town.


       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.

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