Wrap Text
Dealings in Securities by Directors, Company Secretary and Prescribed Officers of Old Mutual
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)
Ref 13/20
3 April 2020
DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED OFFICERS
OF OLD MUTUAL
In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders
are advised that the following directors, company secretary and prescribed
officers of Old Mutual have been awarded and accepted forfeitable shares in
terms of the company’s Employee Share Ownership Plan (ESOP) and Long-Term
Incentive Plan (LTIP) Rules:
Director Iain G Williamson
Position Acting Chief Executive Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 764,645
Grant Price per share R11.9500
Value of Transaction R9,137,507.75
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the
transaction XOFF
Director Iain G Williamson
Position Acting Chief Executive Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 175,733
Grant Price per share R11.9500
Value of Transaction R2,100,009.35
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
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 313,808
Grant Price per share R11.9500
Value of Transaction R3,750,005.60
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
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 137,239
Grant Price per share R11.9500
Value of Transaction R1,640,006.05
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
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 50,210
Grant Price per share R11.9500
Value of Transaction R600,009.50
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
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 30,126
Grant Price per share R11.9500
Value of Transaction R360,005.70
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
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 282,427
Grant Price per share R11.9500
Value of Transaction R3,375,002.65
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
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 120,503
Grant Price per share R11.9500
Value of Transaction R1,440,010.85
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
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 282,427
Grant Price per share R11.9500
Value of Transaction R3,375,002.65
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
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 97,072
Grant Price per share R11.9500
Value of Transaction R1,160,010.40
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
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 251,047
Grant Price per share R11.9500
Value of Transaction R3,000,011.65
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
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 72,804
Grant Price per share R11.95
Value of Transaction R870,007.8000
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the
transaction XOFF
Director Gcinikhaya L Gobodo
Position Managing Director: Wealth and Investments
Company Old Mutual
Off-market award of forfeitable shares in respect of
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 269,875
Grant Price per share R11.9500
Value of Transaction R3,225,006.25
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the
transaction XOFF
Director Kerrin Land
Position Managing Director: Personal Finance
Company Old Mutual
Off-market award of forfeitable shares in respect of
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 282,427
Grant Price per share R11.9500
Value of Transaction R3,375,002.65
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the
transaction XOFF
Director Kerrin Land
Position Managing Director: Personal Finance
Company Old Mutual
Off-market award of forfeitable shares in respect of
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 92,262
Grant Price per share R11.9500
Value of Transaction R1,102,530.90
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
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 283,659
Grant Price per share R11.9500
Value of Transaction R3,389,725.05
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
Nature of transactions
the ESOP Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 88,703
Grant Price per share R11.9500
Value of Transaction R1,060,000.85
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the
transaction XOFF
Director Heloise Van Der Mescht
Position Acting Chief Operations Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of
Nature of transactions
the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Award vests in equal tranches on 26 March 2023, 26
March 2024 and 26 March 2025 respectively subject to
Vesting Date
meeting the required conditions as determined by the
OML Remuneration Committee.
Number of shares 256,909
Grant Price per share R11.9500
Value of Transaction R3,070,062.55
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the
transaction XOFF
Sandton
Sponsors
Johannesburg Stock Merrill Lynch South Africa (Pty) Limited
Exchange
Namibia PSG Wealth Management (Namibia) (Proprietary)
Limited
Zimbabwe Imara Capital Zimbabwe plc
Malawi Stockbrokers Malawi Limited
Enquiries
Investor Relations
Sizwe Ndlovu T: +27 (0)11 217 1163
Head of Investor Relations E: tndlovu6@oldmutual.com
Tokelo Mulaudzi T: +27 (0)11 217 1161
Investor Relations Manager E: tmulaudzi3@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 175
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: 03-04-2020 02:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
