OML completes ?1 billion return to shareholders

RNS Number : 8787E

Old Mutual PLC

07 June 2012

 



Ref 42/12

7 June 2012

Old Mutual completes £1 billion return to shareholders

Old Mutual has today completed a return of approximately £1 billion to shareholders following the sale of its Nordic business in March.

A Special Dividend of 18p per share (or its equivalent in other applicable currencies), amounting to approximately £1 billion in aggregate, was paid today alongside the Final Dividend for 2011 of 3.5p per share (or its equivalent in other applicable currencies), which amounted to approximately a further £194 million in aggregate. The Special and Ordinary dividends were paid by reference to the Company's shares in issue before the 7-for-8 share consolidation that took effect on 23 April. 

Relevant currency exchange rates for both dividends were set on 3 April and announced on 4 April and are available on the Group's website at http://www.oldmutual.com/dividend.

Enquiries

External communications
Patrick Bowes	UK	[phone]
Investor relations
Kelly de Kock	SA	[phone]
Media
William Baldwin-Charles		[phone] [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 12 million customers in Africa, the Americas, Asia and Europe.  Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.

In the year ended 31 December 2011, the Group reported adjusted operating profit before tax of £1.5 billion (on an IFRS basis) and had £267 billion of funds under management from core operations.

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

 

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