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OLD MUTUAL LIMITED - Dealings in securities on behalf of Employee Share Incentive Scheme

Release Date: 18/12/2018 14:00
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 79_18
18 December 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 December 2018
Number of shares purchased               693,936
Price per share                          R22.1436
Value                                    R15,366,241.21


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 OML ESOP
                                         awards
Type of trade                            On-market


Date of transaction                      12 December 2018
Number of shares purchased               395,061
Price per share                          R22.1436
Value                                    R8,748,072.76


Name of the Scheme           Old Mutual Namibia Employee
                             Broad-Based Empowerment 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 ESOP
                             awards
Type of trade                On-market


Date of transaction          12 December 2018
Number of shares purchased   125,419
Price per share              R22.5483
Value                        R2,827,985.24


Name of the Scheme           Old Mutual Namibia 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 ESOP
                             awards
Type of trade                On-market


Date of transaction          12 December 2018
Number of shares purchased   14,590
Price per share              R22.5483
Value                        R328,979.70



Name of the Scheme                       Old Mutual Limited 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 ESOP and
                                         OML Long-Term Incentive Plan
                                         (LTIP) awards
Type of trade                            On-market
Date of transaction                      12 December 2018
Number of shares purchased               1,392,177
Price per share                          R21.9813
Value                                    R30,601,860.29


Date of transaction                      13 December 2018
Number of shares purchased               1,268,355
Price per share                          R22.3939
Value                                    R28,403,415.03


Name of the Scheme                       Old Mutual Limited 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 ESOP and
                                         OML LTIP awards
Type of trade                            On-market


Date of transaction                      12 December 2018
Number of shares purchased               456,000
Price per share                          R21.9813
Value                                    R10,023,472.80


Date of transaction                      13 December 2018
Number of shares purchased               415,645
Price per share                          R22.3939
Value                                    R9,307,912.57


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                    T: +44 (0)20 7002 7440
(Interim Head of Investor        E: Patrick.bowes@omg.co.uk
Relations)
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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