Director/PDMR Shareholding

RNS Number : 4084E

Old Mutual PLC

06 April 2011

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This  form  is  intended  for  use  by  an  issuer to  make  a RIS notification  required  by DR  3.1.4R(1). 

(1)  An  issuer  making  a  notification  in  respect  of  a  transaction  relating  to  the  shares  or  debentures of  the issuer should  complete  boxes  1  to  16,  23  and  24.

(2)  An  issuer  making  a  notification  in  respect  of  a  derivative  relating  the  shares  of  the  issuer should  complete  boxes  1  to  4,  6,  8,13,  14,  16,  23  and  24.

(3)  An  issuer  making  a  notification  in  respect  of  options  granted  to  a  director/person  discharging managerial  responsibilities  should  complete  boxes  1  to  3  and  17  to  24.

(4)  An  issuer  making  a  notification  in  respect  of  a  financial  instrument  relating  to  the  shares  of the issuer  (other  than  a  debenture)  should  complete  boxes  1  to  4,  6,  8,  9,  11,  13,  14,  16,  23  and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer   

OLD MUTUAL PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R (1) (a)

Yes

3. Name of person discharging managerial responsibilities/director        

ANDREW BIRRELL - GROUP RISK AND ACTUARIAL DIRECTOR

PAUL HANRATTY - CHIEF EXECUTIVE OFFICER, LONG-TERM SAVINGS, OLD MUTUAL PLC AND CHAIRMAN, OLD MUTUAL SOUTH AFRICA

DONALD HOPE - HEAD OF STRATEGY DEVELOPMENT

JULIAN ROBERTS - GROUP CHIEF EXECUTIVE

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of  a  holding  of  the  person  referred  to  in  3  or 4 above  or  in  respect  of  a  non-beneficial interest

BENEFICIAL INTEREST

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

RESTRICTED SHARES UNDER THE OLD MUTUAL RESTRICTED SHARE PLAN AND THE OMSA MANAGEMENT INCENTIVE SHARE PLAN

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them. 

ANDREW BIRRELL - 99,641 RESTRICTED SHARES RELEASED

PAUL HANRATTY - 323,639 RESTRICTED SHARES RELEASED

DONALD HOPE - 27,824 RESTRICTED SHARES RELEASED

JULIAN ROBERTS - 93,104 RESTRICTED SHARES RELEASED

8. State the nature of the transaction.

VESTING OF RESTRICTED SHARES TO:

ANDREW BIRRELL - 99,641 (SALE TO COVER TAX NOT YET EFFECTED)

PAUL HANRATTY - SOLD 129,000 SHARES AND RETAINED 194,639 SHARES

DONALD HOPE - SOLD ALL 27,824 SHARES

JULIAN ROBERTS - SOLD 47,590 SHARES AND RETAINED 45,514 SHARES

9. Number of shares, debentures or financial instruments relating to shares acquired

NONE

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

75,414 ORDINARY 10P SHARES SOLD AT £1.399881 PER SHARE

129,000 ORDINARY 10P SHARES SOLD AT R15.21 PER SHARE

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.00138%

13. Price per share or value of transaction

£1.399881 IN RESPECT OF 75,414 SHARES

129,000 ORDINARY 10P SHARES SOLD AT R15.21 PER SHARE

14. Date and place of transaction

75,414 SHARES - 4 APRIL 2011 - LONDON STOCK EXCHANGE

129,000 SHARES - 5 APRIL 2011 - JSE LIMITED

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

NONE OF THE PDMRs SHOWN ABOVE HAVE ANY RESTRICTED SHARE AWARDS OUTSTANDING UNDER THE OLD MUTUAL RESTRICTED SHARE PLAN OR THE OMSA MANAGEMENT INCENTIVE SHARE PLAN.

THE PDMRs SHOWN ABOVE ALL HOLD AWARDS IN THE FORM OF MARKET VALUE SHARE OPTIONS, FORFEITABLE SHARES AWARDS AND NIL COST OPTIONS UNDER AT LEAST ONE OF THE OMSA MANAGEMENT INCENTIVE SHARE PLAN, THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN, THE OLD MUTUAL PLC SHARE REWARD PLAN AND THE OLD MUTUAL PLC 2008 SHARESAVE PLAN.

16. Date issuer informed of transaction 

4 APRIL 2011

If  a  person  discharging  managerial  responsibilities  has  been  granted  options  by  the issuer  complete  the  following  boxes

17. Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise 

22. Total number of shares or debentures over which options held following notification

23. Any additional information

24. Name of contact and telephone number for queries 

Name and signature of duly authorised officer of issuer responsible for making notification 

Martin C Murray

Company Secretary

Date of notification 6 April 2011

 

END

 

 

RDSIFMMTMBBMBIB