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OLD MUTUAL LIMITED - Dealings in Securities by Director of Old Mutual

Release Date: 27/09/2018 10:15
Code(s): OMU     PDF:  
Wrap Text
Dealings in Securities by Director of Old Mutual

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” or “Company”)

LEI: 213800MON84ZWWPQCN47
Ref 54_18

25 September 2018

DEALINGS IN SECURITIES BY DIRECTOR OF OLD MUTUAL

Awards
In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders
are advised that the following director of the Company have been awarded and
accepted forfeitable shares in terms of the company’s Employee Share Ownership
Plan (ESOP) Rules, subject to a continued employment condition:

Director                             Moyo, Mthandazo, Peter

Company                              Old Mutual

Nature of transactions               Off-market award of forfeitable shares in
                                     respect of the Broad-Based Employee Share
                                     Plan Award

Class of Securities                  Forfeitable OML ordinary shares

Date of Award                        18 September 2018

Date of Acceptance                   26 September 2018

Vesting Date                         18 September 2020

Number of awarded                    336
forfeitable shares

Grant Price per share                R29.80 (being the   closing   price   on   17
                                     September 2018)

Deemed Value of Transaction          R10,000

Nature of interest                   Direct beneficial

Clearance obtained                   Yes



Director                             Moyo, Mthandazo, Peter

Company                              Old Mutual

Nature of transaction                Off-market award of forfeitable shares in
                                     respect of the Old Mutual Emerging Markets
                                     Managed Separation Incentive Plan Award

Class of Securities                  Forfeitable OML ordinary shares

Date of Award                        18 September 2018

Date of Acceptance                   26 September 2018

Vesting Date                         18 September 2019
Number of awarded                    227,140
forfeitable shares

Award Price per share                R29.80 (being the   closing   price   on   17
                                     September 2018)

Deemed Value of Transaction          R6,768,750

Nature of interest                   Direct beneficial

Clearance obtained                   Yes


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              T: +44 (0)20 7002 7440
Relations)                                           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.

Date: 27/09/2018 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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