Dealings in securities on behalf of ESIS

Old Mutual Limited
20 October 2023
 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "the Company")

 

 

Ref 53/23

20 October 2023

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME

 

In compliance with the Listings Requirements of JSE Limited the following information is provided in respect of trading by various employee incentive schemes:

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

17-Oct-23

Number of shares

321 435

Price per share

R12.3215

Value

R3 960 561.35

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

17-Oct-23

Number of shares

214 290

Price per share

R12.3215

Value

R2 640 374.24

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

18-Oct-23

Number of shares

555 000

Price per share

R11.8915

Value

R6 599 782.50

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

18-Oct-23

Number of shares

370 000

Price per share

R11.8915

Value

R4 399 855.00

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

19-Oct-23

Number of shares

1 017 411

Price per share

R11.9185

Value

R12 126 013.00

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

19-Oct-23

Number of shares

678 274

Price per share

R11.9185

Value

R8 084 008.67

 

Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.

 

Sandton

 

Sponsors

 

Johannesburg Stock Exchange

Merrill Lynch South Africa (Pty) Limited ta BofA Securities

Malawi Stock Exchange

Stockbrokers Malawi Limited

Namibia Stock Exchange

PSG Wealth Management (Namibia) (Proprietary) Limited

Zimbabwe Stock Exchange

Imara Capital Zimbabwe plc

 

Enquiries

Investor Relations


 

Langa Manqele

Head: Investor Relations

M: +27 (0)82 295 9840

E: lmanqele@oldmutual.com



 

Communications


 

Vuyo Mtawa

M: +27 68 422 8125

Head: Group Communications

E: vmtawa@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 market segments in 14 countries. Old Mutual's primary operations are in South Africa and the Africa Regions, and it has a niche business in Asia. With over 177 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities they serve and the broader society on the continent.

 

For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings