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 |
R29.9940 |
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 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 |
13 September 2018
|
Number of shares 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 |
R28.9940 |
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 |
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
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.