Director/PDMR Shareholding

RNS Number : 4915V

Old Mutual Limited

14 April 2021

 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "the Company")

Ref 08_21

14 April 2021

DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED OFFICERS OF OLD MUTUAL

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following directors, company secretary and prescribed officers of Old Mutual have been awarded forfeitable shares in terms of the company's Employee Share Ownership Plan (ESOP) Rules:

Director	Iain G Williamson
Position	Chief Executive Officer
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	83 795
Grant Price per share	R13.0900
Value of Transaction	R1 096 876.55
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Casparus Gerhardus Troskie
Position	Chief Financial Officer
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	63 349
Grant Price per share	R13.0900
Value of Transaction	R829 238.41
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Elsabé Margaretha Kirsten
Position	Company Secretary
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	16 089
Grant Price per share	R13.0900
Value of Transaction	R210 605.01
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Clement Chinaka
Position	Managing Director: Rest of Africa
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	38 005
Grant Price per share	R13.0900
Value of Transaction	R497 485.45
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Tsakani Clarence Nethengwe
Position	Managing Director: Mass Foundation Cluster
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	47 507
Grant Price per share	R13.0900
Value of Transaction	R621 866.63
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Prabashini Moodley
Position	Managing Director: Corporate
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	42 457
Grant Price per share	R13.0900
Value of Transaction	R555 762.13
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Kerrin Land
Position	Managing Director: Personal Finance and Wealth Management
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	47 507
Grant Price per share	R13.0900
Value of Transaction	R621 866.63
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Garth Napier
Position	Managing Director: Old Mutual Insure
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	50 497
Grant Price per share	R13.0900
Value of Transaction	R661 005.73
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Director	Heloise Van Der Mescht
Position	Acting Chief Operations Officer
Company	Old Mutual
Nature of transactions	Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award
Class of Securities	Ordinary shares
Transaction Date	09-Apr-21
Vesting Date	Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.
Number of shares	43 835
Grant Price per share	R13.0900
Value of Transaction	R573 800.15
Nature of interest	Direct beneficial
Clearance obtained	Yes
Place of the transaction	XOFF

Sandton

Sponsors

Johannesburg Stock Exchange	Merrill Lynch South Africa (Pty) Limited
Namibia	PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe	Imara Capital Zimbabwe plc
Malawi	Stockbrokers Malawi Limited

Enquiries

Investor Relations
Sizwe Ndlovu Head of Investor Relations	T: [phone] E: [e-mail]
Communications
Tabby Tsengiwe Head of Communications	T: [phone] M: [phone] E: [e-mail]

Notes to Editors

Old Mutual is a premium African financial services Group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets segments in 14 countries. Old Mutual's primary operations are in South Africa and the rest of Africa, and we have a niche business in China. With over 175 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent.

For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com .

 

END

 

 

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