Director/PDMR Shareholding

RNS Number : 5231E
Old Mutual PLC
07 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        

 

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

 

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

 

EXERCISE OF SHARE OPTION UNDER THE OLD MUTUAL SHARE OPTION AND DEFERRED DELIVERY PLAN

 

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

 

N/A

 

8. State the nature of the transaction.

 

EXERCISE OF MARKET VALUE SHARE OPTION:

 

PAUL HANRATTY - 159,484 SHARES @ R14.50

 

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

 

159,484 ORDINARY 10P SHARES NET SETTLED AT R15.16 PER SHARE

 

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

 

0.00292%

 

13. Price per share or value of transaction

 

GAIN = R15.16 - R14.50 = R0.66 X 159,484 = R105,259.44

 

14. Date and place of transaction

 

4 APRIL 2011 - SOUTH AFRICA

 

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

 

MR HANRATTY NO LONGER HAS ANY OPTIONS OUTSTANDING UNDER THE OLD MUTUAL SHARE OPTION AND DEFERRED DELIVERY PLAN.

 

MR HANRATTY HOLDS AWARDS IN THE FORM OF MARKET VALUE SHARE OPTIONS, FORFEITABLE SHARES AWARDS AND NIL COST OPTIONS UNDER THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN, AND THE OLD MUTUAL PLC SHARE REWARD PLAN.

 

16. Date issuer informed of transaction 

 

6 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 7 April 2011


This information is provided by RNS
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