Dealings in securities - ES incentive schemes

RNS Number : 8416K

Old Mutual Limited

18 December 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 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 (Interim Head of Investor Relations)	T: [phone] E: [e-mail]
Communications: Tabby Tsengiwe	T: [phone] M: [phone] E: [e-mail]

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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