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OLD MUTUAL LIMITED - Dealings in securities on behalf of ESOP

Release Date: 10/12/2021 16:35
Code(s): OMLI     PDF:  
Wrap Text
Dealings in securities on behalf of ESOP

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
JSE alpha code: OMLI
("Old Mutual" or “the Company”)




10 December 2021



DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED
OFFICERS OF OLD MUTUAL



In accordance with paragraph 6.42 of the Debt Listings Requirements, shareholders are
advised that the following directors, company secretary and prescribed officers of Old Mutual
have been awarded forfeitable shares in terms of the company’s Employee Share Ownership
Plan (ESOP) Rules:


  Director                     Iain G Williamson
  Position                     Chief Executive Officer
  Company                      Old Mutual
                               Off-market award of forfeitable shares in respect of the special
  Nature of transactions       grant utilising the proceeds from the unbundling announced
                               on 26 October 2021
  Class of Securities          Ordinary shares
  Transaction Date             07-Dec-21
                               Award vests in equal tranches on 09 April 2022, 09 April 2023
  Vesting Date
                               and 09 April 2024.
  Number of shares             14 157
  Grant Price per share        R14.0900
  Value of Transaction         R199 472.1300
  Nature of interest           Direct beneficial
  Clearance obtained           Yes
  Place of the transaction     XOFF


  Director                     Iain G Williamson
  Position                     Chief Executive Officer
  Company                      Old Mutual
                               Off-market award of forfeitable shares in respect of the special
  Nature of transactions       grant utilising the proceeds from the unbundling announced
                               on 26 October 2021
  Class of Securities          Ordinary shares
  Transaction Date             07-Dec-21
  Vesting Date                 Award vests on 26 March 2023
  Number of shares             29 684
  Grant Price per share        R14.0900
  Value of Transaction         R418 247.5600
  Nature of interest           Direct beneficial
  Clearance obtained           Yes
  Place of the transaction     XOFF


Director                   Iain G Williamson
Position                   Chief Executive Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           10 586
Grant Price per share      R14.0900
Value of Transaction       R149 156.7400
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Casparus Gerhardus Troskie
Position                   Chief Financial Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
                           Award vests in equal tranches on 09 April 2022, 09 April 2023
Vesting Date
                           and 09 April 2024.
Number of shares           10 701
Grant Price per share      R14.0900
Value of Transaction       R150 777.0900
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Casparus Gerhardus Troskie
Position                   Chief Financial Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 26 March 2023
Number of shares           23 182
Grant Price per share      R14.0900
Value of Transaction       R326 634.3800
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Casparus Gerhardus Troskie
Position                   Chief Financial Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           13 555
Grant Price per share      R14.0900
Value of Transaction       R190 989.9500
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Elsabé Margaretha Kirsten
Position                   Company Secretary
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
                           Award vests in equal tranches on 09 April 2022, 09 April 2023
Vesting Date
                           and 09 April 2024.
Number of shares           2 718
Grant Price per share      R14.0900
Value of Transaction       R38 296.6200
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Elsabé Margaretha Kirsten
Position                   Company Secretary
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 26 March 2023
Number of shares           5 089
Grant Price per share      R14.0900
Value of Transaction       R71 704.0100
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Elsabé Margaretha Kirsten
Position                   Company Secretary
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           2 691
Grant Price per share      R14.0900
Value of Transaction       R37 916.1900
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Clement Chinaka
Position                   Managing Director: Rest of Africa
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
                           Award vests in equal tranches on 09 April 2022, 09 April 2023
Vesting Date
                           and 09 April 2024.
Number of shares           6 420
Grant Price per share      R14.0900
Value of Transaction       R90 457.8000
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Clement Chinaka
Position                   Managing Director: Rest of Africa
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 26 March 2023
Number of shares           20 355
Grant Price per share      R14.0900
Value of Transaction       R286 801.9500
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF




Director                   Clement Chinaka
Position                   Managing Director: Rest of Africa
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           14 083
Grant Price per share      R14.0900
Value of Transaction       R198 429.4700
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Tsakani Clarence Nethengwe
Position                   Managing Director: Mass Foundation Cluster
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
                           Award vests in equal tranches on 09 April 2022, 09 April 2023
Vesting Date
                           and 09 April 2024.
Number of shares           8 025
Grant Price per share      R14.0900
Value of Transaction       R113 072.2500
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Tsakani Clarence Nethengwe
Position                   Managing Director: Mass Foundation Cluster
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 26 March 2023
Number of shares           16 397
Grant Price per share      R14.0900
Value of Transaction       R231 033.7300
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Tsakani Clarence Nethengwe
Position                   Managing Director: Mass Foundation Cluster
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           14 639
Grant Price per share      R14.0900
Value of Transaction       R206 263.5100
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Prabashini Moodley
Position                   Managing Director: Corporate
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
                           Award vests in equal tranches on 09 April 2022, 09 April 2023
Vesting Date
                           and 09 April 2024.
Number of shares           7 173
Grant Price per share      R14.0900
Value of Transaction       R101 067.5700
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Prabashini Moodley
Position                   Managing Director: Corporate
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 26 March 2023
Number of shares           12 298
Grant Price per share      R14.0900
Value of Transaction       R173 278.8200
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Prabashini Moodley
Position                   Managing Director: Corporate
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           7 634
Grant Price per share      R14.0900
Value of Transaction       R107 563.0600
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Kerrin Land
                           Managing Director: Personal Finance and Wealth
Position
                           Management
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
                           Award vests in equal tranches on 09 April 2022, 09 April 2023
Vesting Date
                           and 09 April 2024.
Number of shares           8 025
Grant Price per share      R14.0900
Value of Transaction       R113 072.2500
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Kerrin Land
                           Managing Director: Personal Finance and Wealth
Position
                           Management
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 26 March 2023
Number of shares           15 585
Grant Price per share      R14.0900
Value of Transaction       R219 592.6500
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Kerrin Land
                           Managing Director: Personal Finance and Wealth
Position
                           Management
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           4 934
Grant Price per share      R14.0900
Value of Transaction       R69 520.0600
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Garth Napier
Position                   Managing Director: Old Mutual Insure
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
                           Award vests in equal tranches on 09 April 2022, 09 April 2023
Vesting Date
                           and 09 April 2024.
Number of shares           8 532
Grant Price per share      R14.0900
Value of Transaction       R120 215.8800
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Garth Napier
Position                   Managing Director: Old Mutual Insure
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 26 March 2023
Number of shares           14 984
Grant Price per share      R14.0900
Value of Transaction       R211 124.5600
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Garth Napier
Position                   Managing Director: Old Mutual Insure
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the special
Nature of transactions     grant utilising the proceeds from the unbundling announced
                           on 26 October 2021
Class of Securities        Ordinary shares
Transaction Date           07-Dec-21
Vesting Date               Award vests on 20 March 2022
Number of shares           20 665
Grant Price per share      R14.0900
Value of Transaction       R291 169.8500
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Sandton


Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited


Enquiries


 Investor Relations
 Sizwe Ndlovu                         T: +27 (0)11 217 1163
 Head of Investor Relations           E: tndlovu6@oldmutual.com



 Communications
 Tabby Tsengiwe                       T: +27 (11) 217 1953
 Head of Communications               M: +27 (0)60 547 4947
                                      E: ttsengiwe@oldmutual.com



Notes to Editors


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 14
countries. Old Mutual's primary operations are in South Africa and the rest of Africa, and we have
a niche business in China. With over 176 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: 10-12-2021 04:35:00
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