Dealings in OML Securities

RNS Number : 0229B
Old Mutual Limited
17 September 2018
 

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

                                              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.

 

 


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