Director/PDMR Shareholding

RNS Number : 1557B

Old Mutual PLC

11 April 2012

 



Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed 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 DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). DTR 3.1.2R
3.	Name of person discharging managerial responsibilities/director ·     PHILIP BROADLEY, GROUP FINANCE DIRECTOR ·     PAUL HANRATTY, CEO, LONG-TERM SAVINGS ·     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
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 interest1 IN RESPECT OF THOSE NAMED IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY 10p SHARES VESTING OF RESTRICTED SHARES AND SHARE OPTIONS UNDER THE OLD MUTUAL PLC SHARE REWARD PLAN (SRP) AND THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN (PSP)
7.	Name of registered shareholder(s) and, if more than one, the number of shares held by each of them ·     PHILIP BROADLEY - 412,178* ·     PAUL HANRATTY - 1,200* ·     JULIAN ROBERTS - 1,128,633* *THESE TOTALS EXCLUDE UNVESTED SHARE INCENTIVE AWARDS AND VESTED BUT UNEXERCISED SHARE OPTIONS.	8	State the nature of the transaction VESTING OF RESTRICTED SHARES ORIGINALLY GRANTED ON 8 APRIL 2009 PHILIP BROADLEY - 869,412 SHARES VESTED. SOLD ALL SHARES AT £1.5206 PER SHARE PAUL HANRATTY - 744,050 VESTED. SOLD 387,341 SHARES AT £1.5206 PER SHARE AND RETAINED 356,709 SHARES. JULIAN ROBERTS - 1,162,102 VESTED. SOLD ALL SHARES AT £1.5206 PER SHARE VESTING OF SHARE OPTIONS ORIGINALLY GRANTED ON 8 APRIL 2009 PHILIP BROADLEY - OPTIONS OVER 442,357 SHARES VESTED @ £0.541 PER SHARE. ALL OF THESE OPTIONS WERE EXERCISED AND 267,751 SHARES WERE SETTLED AT £1.5095 PER SHARE. 174,606 SHARES WERE RETAINED. PAUL HANRATTY - OPTIONS OVER 1,702,191 SHARES VESTED @ £0.541 PER SHARE. NONE WERE EXERCISED AND OPTIONS OVER 1,702,191 SHARES REMAIN EXERCISABLE. JULIAN ROBERTS - OPTIONS OVER 4,436,229 SHARES VESTED @ £0.541 PER SHARE. 2,190,494 OPTIONS WERE CASH-SETTLED AT £1.571 PER SHARE (BEING THE CLOSING PRICE ON 5 APRIL 2012 (THE PRECEDING BUSINESS DAY), IN ACCORDANCE WITH THE RULES OF THE PSP RELATING TO THE CASH ALTERNATIVE). OPTIONS OVER 55,241 SHARES WERE EXERCISED AND RETAINED.  OPTIONS OVER 2,190,494 SHARES WERE NOT EXERCISED AND REMAIN EXERCISABLE.
9.	Number of shares, debentures or financial instruments relating to shares acquired PHILIP BROADLEY - 1,044,018 SHARES OF WHICH 174,606 SHARES WERE RETAINED. PAUL HANRATTY - 744,050 SHARES OF WHICH 356,709 SHARES WERE RETAINED. JULIAN ROBERTS - 1,217,343 SHARES OF WHICH 55,241 WERE RETAINED.	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) ·     PHILIP BROADLEY - 0.02% ·     PAUL HANRATTY - 0.01% ·     JULIAN ROBERTS - 0.02%
11.	Number of shares, debentures or financial instruments relating to shares disposed PHILIP BROADLEY - 869,412 SHARES. PAUL HANRATTY - 387,341 SHARES. JULIAN ROBERTS - 1,162,102 SHARES.	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) ·     PHILIP BROADLEY - 0.02% ·     PAUL HANRATTY - 0.01% ·     JULIAN ROBERTS - 0.02%
13.	Price per share or value of transaction AS DESCRIBED IN 8 ABOVE	14.	Date and place of transaction 10 APRIL 2012 - LONDON
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) ·   PHILIP BROADLEY - 586,784* - 0.01% ·   PAUL HANRATTY - 357,909* - 0.00% ·   JULIAN ROBERTS - 1,183,874* - 0.02% *THESE TOTALS EXCLUDE UNVESTED SHARE INCENTIVE AWARDS AND VESTED BUT UNEXERCISED SHARE OPTIONS.	16.	Date issuer informed of transaction 11 APRIL 2012

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 exercisable
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 WILLIAM BALDWIN-CHARLES HEAD OF CORPORATE AFFAIRS [phone]

Name of authorised official of issuer responsible for making notification:  MARTIN MURRAY, GROUP COMPANY SECRETARY Date of notification: 11 APRIL 2012

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(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.

 

END

 

 

RDSIBMATMBBBBIT