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OLD MUTUAL LIMITED - Dealings in Securities on Behalf of Employee Share Incentive Scheme

Release Date: 17/09/2018 17:42
Code(s): OMU     PDF:  
Wrap Text
Dealings in Securities on Behalf of Employee Share Incentive Scheme

Old Mutual Limited
Incorporated in the Republic of South Africa
(Registration number: 2017/235138/06)
ISIN: ZAE000255360
JSE Share Code: OMU
NSX Share Code: OMM
(“Old Mutual)”

LEI: 213800MON84ZWWPQCN47
Ref 46_18

17 September 2018

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME

In compliance with the Listings Requirements of the JSE Limited the
following information is provided:


Name of the Scheme:                     Old Mutual Insure Broad-Based
                                        Black Economic Empowerment
                                        Employee Trust

Class of security:                      Old Mutual Ordinary shares

Nature of transactions:                 Purchase of Old Mutual Ordinary
                                        Shares in a hedging transaction
                                        in respect of the OML Employee
                                        Share Ownership Plan (ESOP)
                                        awards.

Type of trade:                          On-market

Date of transaction:                    12 September 2018
Number of shares purchased:             742,036
Price per share:                        R29.4859
Value:                                  R21,879,599.29


Date of transaction:                    13 September 2018
Number of shares purchased:             754,625
Price per share:                        R28.994
Value:                                  R21,879,597.25


Date of transaction:                    14 September 2018
Number of shares purchased:             740,780
Price per share:                        R29.5359
Value:                                  R21,879,604.00

Name of the Scheme:                     Old Mutual Namibia Broad-Based
                                        Black Empowerment Employee Trust

Class of security:                      Old Mutual Ordinary shares

Nature of transaction:                  Purchase of Old Mutual Ordinary
                                        Shares in a hedging transaction
                                        in respect of the ESOP awards.

Type of trade:                          On-market

Date of transaction:                    13 September 2018
Number of share purchased:              331,650
Price per share:                        R29.057
Value:                                  R9,636,754.05


Name of the Scheme:                    Old Mutual Insure Employee Trust

Class of security:                     Old Mutual Ordinary shares

Nature of transactions:                Purchase of Old Mutual Ordinary
                                       Shares in a hedging transaction
                                       in respect of the ESOP awards.

Type of trade:                         On-market

Date of transaction:                   12 September 2018
Number of shares purchased:            365,533
Price per share:                       R29.4859
Value:                                 R10,778,069.48


Date of transaction:                   13 September 2018
Number of shares purchased:            371,734
Price per share:                       R28.994
Value:                                 R10,778,055.60


Date of transaction:                   14 September 2018
Number of shares purchased:            364,914
Price per share:                       R29.5359
Value:                                 R10,788,063.41




Name of the Scheme:                    Old Mutual Namibia Employee Trust

Class of security:                     Old Mutual Ordinary shares

Nature of transaction:                     Purchase of Old Mutual Ordinary
                                           Shares in a hedging transaction
                                           in respect of the ESOP awards.

Type of trade:                             On-market

Date of transaction:                       13 September 2018
Number of share purchased:                 38,621
Price per share:                           R29.057
Value:                                     R1,122,210.40


Prior written approval in terms of paragraph 3.66 of the Listings
Requirements was obtained.

JSE Sponsor:               Merrill Lynch South Africa (Pty) Limited
Namibian Sponsor:          PSG Wealth Management (Namibia) (Proprietary) Limited

Enquiries
Investor Relations
Patrick Bowes (Interim Head of Investor Relations)    T: +44 (0)20 7002 7440
                                              E: Patrick.bowes@omg.co.uk
Communications:
Tabby Tsengiwe                                T: +27 (11) 217 1953
                                              M: +27 (0)60 547 4947
                                              E: ttsengiwe@oldmutual.com

Notes to Editors


About Old Mutual Limited

Old Mutual is a premium African financial services group that offers a broad
spectrum of financial solutions to retail and corporate customers across key
markets segments in 17 countries. Old Mutual's primary operations are in South
Africa and the rest of Africa, and it has niche businesses in Latin America and
Asia. With over 170 years of heritage across sub-Saharan Africa, we are a crucial
part of the communities we serve and broader society on the continent.

For further information on Old Mutual, and its underlying businesses, please
visit the corporate website at www.oldmutual.com.

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