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 "Company" or "Group")
Ref: 36/24
09 April 2024
DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES
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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
Type of trade |
On-market |
Date of transaction |
03 April 2024 |
Number of shares |
1 095 |
Price per share (R) |
11.4063 |
Value (R) |
12 489.90 |
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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
Type of trade |
On-market |
Date of transaction |
03 April 2024 |
Number of shares |
2 630 475 |
Price per share (R) |
11.4063 |
Value (R) |
30 003 986.99 |
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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Type of trade |
On-market |
|
Date of transaction |
04 April 2024 |
|
Number of shares |
5 481 543 |
|
Price per share (R) |
11.4986 |
|
Value (R) |
63 030 070.34 |
|
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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Type of trade |
On-market |
|
Date of transaction |
04 April 2024 |
|
Number of shares |
688 340 |
|
Price per share (R) |
11.5054 |
|
Value (R) |
7 919 627.04 |
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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
Type of trade |
On-market |
Date of transaction |
04 April 2024 |
Number of shares |
2 282 |
Price per share (R) |
11.4986 |
Value (R) |
26 239.81 |
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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
Type of trade |
On-market |
Date of transaction |
04 April 2024 |
Number of shares |
287 |
Price per share (R) |
11.5054 |
Value (R) |
3 302.05 |
Name of the Trust |
Old Mutual Insure 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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
Type of trade |
On-market |
Date of transaction |
05 April 2024 |
Number of shares |
295 000 |
Price per share (R) |
11.1629 |
Value (R) |
3 293 055.50 |
Name of the Trust |
Old Mutual Insure 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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
Type of trade |
On-market |
Date of transaction |
05 April 2024 |
Number of shares |
885 000 |
Price per share |
11.1629 |
Value |
9 879 166.50 |
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 Employee Share Ownership Plan and Long-term Incentive Plan awards. |
Type of trade |
On-market |
Date of transaction |
05 April 2024 |
Number of shares |
265 905 |
Price per share (R) |
11.2000 |
Value (R) |
2 978 136.00 |
All of the above are indirect beneficial interests.
Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.
Sandton
Johannesburg Stock Exchange |
Tamela Holding (Pty) Ltd |
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 of Investor Relations
|
M: +27 82 295 9840 E: investorrelations@oldmutual.com |
Communications |
|
Wendy Tlou Interim Chief Communication Officer |
M: +27 83 301 9663 E: oldmutualnews@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 Africa, and it has a niche business in Asia. With over 178 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as broader society on the continent.
For further information on Old Mutual and its underlying businesses, please visit the corporate website at www.oldmutual.com.