Director/PDMR Shareholding

RNS Number : 6779O

Old Mutual PLC

08 August 2014

 



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 PAUL HANRATTY, CHIEF OPERATING OFFICER INGRID JOHNSON, GROUP FINANCE DIRECTOR GAIL KLINTWORTH, GROUP CUSTOMER DIRECTOR	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 interest1 IN RESPECT OF THE PERSONS NAMED IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY SHARES OF 11 3/7p EACH
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them PAUL HANRATTY - 824,547 INGRID JOHNSON - NIL GAIL KLINTWORTH - NIL	8	State the nature of the transaction 1.   EXERCISE BY PAUL HANRATTY OF A SHARE OPTION OVER 400,000 SHARES AT AN EXERCISE PRICE OF £0.541 PER SHARE AND SALE OF 400,000 SHARES (See boxes 9-14 below) 2.   GRANT TO ALL THREE NAMED INDIVIDUALS OF DEFERRED INCENTIVE SHARE AWARDS IN THE FORM OF FORFEITABLE/RESTRICTED SHARES (See boxes 17-20 below)
9.	Number of shares, debentures or financial instruments relating to shares acquired PAUL HANRATTY - 400,000	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.008%
11.	Number of shares, debentures or financial instruments relating to shares disposed PAUL HANRATTY - 400,000	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.008%
13.	Price per share or value of transaction OPTION EXERCISED AT £0.541 PER SHARE AND SOLD AT £1.8672 PER SHARE	14.	Date and place of transaction 8 AUGUST 2014 - LONDON
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) PAUL HANRATTY - 824,547 INGRID JOHNSON - NIL GAIL KLINTWORTH - NIL	16.	Date issuer informed of transaction 8 AUGUST 2014

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

17	Date of grant 8 AUGUST 2014	18.	Period during which or date on which exercisable SUBJECT TO SUCCESSFUL ACHIEVEMENT OF PERFORMANCE TARGETS: 50% BETWEEN 8 AUGUST 2017 AND 7 AUGUST 2024 50% BETWEEN 8 AUGUST 2018 AND 7 AUGUST 2024
19.	Total amount paid (if any) for grant of the option NIL	20.	Description of shares or debentures involved (class and number) ORDINARY 11 3/7p SHARES PAUL HANRATTY - 115,688 SHARES UNDER OPTION INGRID JOHNSON - 786,989 SHARES UNDER OPTION GAIL KLINTWORTH - 72,141 SHARES UNDER OPTION
21.	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise NIL	22.	Total number of shares or debentures over which options held following notification * PAUL HANRATTY* - 2,173,093 SHARES UNDER OPTION INGRID JOHNSON - 786,989 SHARES UNDER OPTION GAIL KLINTWORTH - 72,141 SHARES UNDER OPTION *THIS TOTAL INCLUDES NIL COST OPTIONS AND SHARESAVE OPTIONS

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: 8 AUGUST 2014

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

 

 

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