Dealings in securities on behalf of ESIS

RNS Number : 1040I
Old Mutual Limited
30 March 2020
 

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 10/20

30 March 2020

 

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 in respect of trading by various employee incentive schemes:

 

Name of the Scheme

Old Mutual Namibia Employee 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 ESOP awards.

Type of trade

On-market

Date of transaction

27-Mar-20

Number of shares

691 957

Price per share

R12.2982

Value

R8 509 825.58

 

Name of the Scheme

Old Mutual Namibia Management Incentive 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

27-Mar-20

Number of shares

421 501

Price per share

R12.2982

Value

R5 183 703.60

 

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 ESOP awards.

Type of trade

On-market

Date of transaction

25-Mar-20

Number of shares

5 582 638

Price per share

R11.2363

Value

R62 728 195.00

 

 

Date of transaction

26-Mar-20

Number of shares

1 641 841

Price per share

R12.2916

Value

R20 180 853.00

 

 

Date of transaction

26-Mar-20

Number of shares

3 283 682

Price per share

R12.1895

Value

R40 026 442.00

 

 

Date of transaction

27-Mar-20

Number of shares

2 553 583

Price per share

R12.3253

Value

R31 473 677.00

 

 

Date of transaction

27-Mar-20

Number of shares

1 243 287

Price per share

R12.1272

Value

R15 077 590.00

 

 

Date of transaction

27-Mar-20

Number of shares

4 229 800

Price per share

R12.1238

Value

R51 281 249.00

 

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 ESOP awards.

Type of trade

On-market

Date of transaction

25-Mar-20

Number of shares

2 938 296

Price per share

R11.2657

Value

R33 101 961.00

 

 

Date of transaction

26-Mar-20

Number of shares

1 358 159

Price per share

R12.2916

Value

R16 693 947.00

 

 

Date of transaction

26-Mar-20

Number of shares

2 716 318

Price per share

R12.1895

Value

R33 110 558.00

 

 

Date of transaction

27-Mar-20

Number of shares

1 964 993

Price per share

R12.3253

Value

R24 219 128.00

 

 

Date of transaction

27-Mar-20

Number of shares

956 713

Price per share

R12.1272

Value

R11 602 250.00

 

 

Date of transaction

27-Mar-20

Number of shares

2 921 707

Price per share

R12.1238

Value

R35 422 191.00

 

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 ESOP awards.

Type of trade

On-market

Date of transaction

26-Mar-20

Number of shares

1 090 302

Price per share

R12.3067

Value

R13 418 020.00

 

 

Date of transaction

27-Mar-20

Number of shares

1 099 540

Price per share

R12.2033

Value

R13 418 016.00

 

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

26-Mar-20

Number of shares

552 004

Price per share

R12.3067

Value

R6 793 348.00

 

 

Date of transaction

27-Mar-20

Number of shares

556 682

Price per share

R12.2033

Value

R6 793 357.00

 

Sandton

 

Sponsors

Johannesburg Stock Exchange

Merrill Lynch South Africa (Pty) Limited

Namibia

PSG Wealth Management (Namibia) (Proprietary) Limited

Zimbabwe

Imara Capital Zimbabwe plc

Malawi

Stockbrokers Malawi Limited

 

Enquiries

Investor Relations

 

Sizwe Ndlovu

Head of Investor Relations

T: +27 (0)11 217 1163

E: tndlovu6@oldmutual.com

 

 

Tokelo Mulaudzi

T: +27 (0)11 217 1161

Investor Relations Manager

E: tmulaudzi3@oldmutual.com

 

 

Communications

 

Tabby Tsengiwe

Head of Communications

T: +27 (11) 217 1953

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 .

 


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