Director/PDMR Shareholding

RNS Number : 8009Y

Old Mutual PLC

06 March 2012

 



Ref 14/12

6 March 2012

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS IN ACCORDANCE WITH RULE 3.1.4R OF THE DISCLOSURE AND TRANSPARENCY RULES

THE NEDBANK GROUP (2005) SHARE OPTION, MATCHED SHARE AND RESTRICTED SHARE SCHEME

On 4 March 2012, 52,812 Nedbank Group Limited shares originally granted on 3 March 2009, to Mr M W T Brown, Chief Executive of Nedbank Group Limited and a member of the Group Executive Committee of Old Mutual plc, under the rules of the Nedbank Group (2005) Share Option, Matched Share and Restricted Share Scheme, lapsed as a result of the pre-determined Nedbank Group Limited performance targets for the period 2009 to 2011 not being met.

Enquiries

External Communications / Investor Relations
Patrick Bowes		[phone]
Media
William Baldwin-Charles		[phone]
Investor Relations
Kelly de Kock		[phone]

Notes to Editors

Old Mutual

Old Mutual is an international long-term savings, protection and investment Group.  Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 15 million customers in Europe, the Americas, Africa and Asia.  Old Mutual is listed on the London Stock Exchange and the Johannesburg Stock Exchange, among others.

In the year ended 31 December 2010, the Group reported adjusted operating profit before tax of £1.5 billion (on an IFRS basis) and had £309 billion of funds under management from core operations, and shareholders' equity of £9.0 billion.

For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com 

 

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